Warner Bros. Discovery, Inc. — Director's Dealing 2014

Mar 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Discovery Communications, Inc. (DISCA)
CIK: 0001437107
Period of Report: 2014-03-06

Reporting Person: Alpert-Romm Adria (SEVP Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-06	Series A Common Stock	M	3408	$32.39	Acquired	10302	Direct
2014-03-06	Series A Common Stock	M	1467	$38.76	Acquired	11769	Direct
2014-03-06	Series A Common Stock	D	4875	$86.00	Disposed	6894	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-06	Employee Stock Option (right to acquire)	$32.39	M	3408	Disposed	2017-03-15	Series A Common Stock (3408)	Direct
2014-03-06	Employee Stock Option (right to acquire)	$38.76	M	1467	Disposed	2018-03-16	Series A Common Stock (1467)	Direct

Footnotes

F1: Pursuant to a plan entered into in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934.

F2: This option vests in four equal annual installments beginning March 15, 2011.

F3: This option vests in four equal annual installments beginning March 16, 2012.