Warner Bros. Discovery, Inc. — Director's Dealing 2016

Mar 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Discovery Communications, Inc. (DISCA)
CIK: 0001437107
Period of Report: 2016-02-26

Reporting Person: Wehner Kurt (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-26	Series A Common Stock	A	5628	$0.00	Acquired	12861	Direct
2016-02-26	Series A Common Stock	F	93	$25.08	Disposed	12768	Direct
2016-02-26	Series C Common Stock	F	93	$24.58	Disposed	1805	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-26	Employee Stock Option (right to acquire)	$25.08	A	8022	Acquired	2023-02-26	Series A Common Stock (8022)	Direct

Footnotes

F1: This option vests in four equal annual installments beginning February 26, 2017.