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

Mar 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Discovery, Inc. (DISCA)
CIK: 0001437107
Period of Report: 2021-03-16

Reporting Person: Perrette Jean-Briac (Pres.&CEO, Discovery Int'l)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-16	Series A Common Stock	M	34110	$29.50	Acquired	361935	Direct
2021-03-16	Series A Common Stock	S	34110	$76.03	Disposed	327825	Direct
2021-03-16	Series A Common Stock	M	164907	$24.06	Acquired	492732	Direct
2021-03-16	Series A Common Stock	S	164907	$76.13	Disposed	327825	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-16	Employee Stock Option (right to acquire)	$29.5	M	34110	Disposed	2024-02-23	Series A Common Stock (34110.0)	Direct
2021-03-16	Employee Stock Option (right to acquire)	$24.06	M	164907	Disposed	2025-03-01	Series A Common Stock (164907.0)	Direct

Footnotes

F1: The price reported represents the weighted average sale price of shares of Series A common stock sold in multiple transactions at prices ranging from $76.00 to $76.18 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 price reported represents the weighted average sale price of shares of Series A common stock sold in multiple transactions at prices ranging from $76.00 to $76.29 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.

F3: This option is fully vested and exercisable.

F4: This option vests in four equal annual installments beginning March 1, 2019.