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

Apr 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Discovery Communications, Inc. (DISCA)
CIK: 0001437107
Period of Report: 2016-04-19

Reporting Person: WARGO J DAVID (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-04-19	Series A Common Stock	M	6013	$6.152	Acquired	27238	Direct
2016-04-19	Series A Common Stock	M	5300	$10.279	Acquired	32538	Direct
2016-04-19	Series C Common Stock	M	6013	$5.967	Acquired	29201	Direct
2016-04-19	Series C Common Stock	M	6013	$5.979	Acquired	35214	Direct
2016-04-19	Series C Common Stock	M	6013	$5.979	Acquired	41227	Direct
2016-04-19	Series C Common Stock	M	5300	$9.971	Acquired	46527	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-04-19	Director Stock Option (right to acquire)	$6.152	M	6013	Disposed	2016-05-04	Series A Common Stock (6013)	Direct
2016-04-19	Director Stock Option (right to acquire)	$10.279	M	5300	Disposed	2016-05-11	Series A Common Stock (5300)	Direct
2016-04-19	Director Stock Option (right to acquire)	$5.967	M	6013	Disposed	2016-05-04	Series C Common Stock (6013)	Direct
2016-04-19	Director Stock Option (right to acquire)	$5.979	M	6013	Disposed	2016-05-04	Series C Common Stock (6013)	Direct
2016-04-19	Director Stock Option (right to acquire)	$5.979	M	6013	Disposed	2016-05-04	Series C Common Stock (6013)	Direct
2016-04-19	Director Stock Option (right to acquire)	$9.971	M	5300	Disposed	2016-05-11	Series C Common Stock (5300)	Direct

Footnotes

F1: This option is fully vested and exercisable.