Warner Bros. Discovery, Inc. — Director's Dealing 2021

Jun 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Discovery, Inc. (DISCA)
CIK: 0001437107
Period of Report: 2021-06-03

Reporting Person: MALONE JOHN C (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-03	Series C Common Stock	S	124839	$29.68	Disposed	7098099	Indirect
2021-06-04	Series C Common Stock	S	280161	$29.41	Disposed	6817938	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Series C Common Stock	1316424	Indirect
Series C Common Stock	3652000	Direct

Footnotes

F1: The price reported represents the weighted average sale price of shares of Series C common stock sold in multiple transactions at prices ranging from $29.60 to $29.76 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

F2: The reporting person is the sole trustee of, and with his spouse, retains a unitrust interest in the trust.

F3: The price reported represents the weighted average sale price of shares of Series C common stock sold in multiple transactions at prices ranging from $29.24 to $29.78 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

F4: The reporting person disclaims beneficial ownership of the shares owned by his spouse.

F5: On March 8, 2021 and March 9, 2021, the reporting person transferred 3,357,063 shares and 3,308,875 shares, respectively, to the Malone Discovery 2021 CRT of which he is the sole trustee.