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Warner Bros. Discovery, Inc. — Director's Dealing 2016
May 10, 2016
30161_dirs_2016-05-10_4eca72e1-ce3c-4840-95b7-53b2c45ea2f3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Discovery Communications, Inc. (DISCK)
CIK: 0001437107
Period of Report: 2016-05-09
Reporting Person: ADVANCE LONG-TERM MANAGEMENT TRUST (10% Owner)
Reporting Person: NEWHOUSE FAMILY HOLDINGS, L.P. (10% Owner)
Reporting Person: ADVANCE PUBLICATIONS, INC (10% Owner)
Reporting Person: NEWHOUSE BROADCASTING CORP (10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-09 | Series C participating preferred stock | $ | D | 1799320 | Disposed | Series C common stock (3598640) | Indirect |
Footnotes
F1: Each share of Series C preferred stock is convertible pursuant to its terms into two shares of Series C common stock at any time (following a stock split that occurred on August 6, 2014).
F2: Through subsidiaries; each reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.
F3: Sold to the issuer in an exempt transaction.