Warner Bros. Discovery, Inc. — Director's Dealing 2018

Mar 2, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Discovery Communications, Inc. (DISCA)
CIK: 0001437107
Period of Report: 2018-02-28

Reporting Person: Campbell Bruce (Chief Dev Dist & Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-28	Series A Common Stock	A	37181	$0.00	Acquired	115128	Direct
2018-02-28	Series A Common Stock	F	8695	$24.32	Disposed	106433	Direct
2018-03-01	Series A Common Stock	A	215873	$0.00	Acquired	332306	Direct
2018-02-28	Series C Common Stock	F	2379	$22.98	Disposed	40794	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-01	Employee Stock Option (right to acquire)	$24.06	A	202962	Acquired	2025-03-01	Series A Common Stock (202962)	Direct

Footnotes

F1: These shares represent performance-based restricted stock units. On February 28, 2018, the Compensation Committee certified that applicable performance goals had been satisfied.

F2: Includes acquisition of 637 shares under the Discovery Employee Stock Purchase Plan on February 14, 2018.

F3: This option vests in four equal annual installments beginning March 1, 2019.