Warner Bros. Discovery, Inc. — Director's Dealing 2022

Apr 13, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Warner Bros. Discovery, Inc. (WBD)
CIK: 0001437107
Period of Report: 2022-04-08

Reporting Person: ADVANCE/NEWHOUSE PROGRAMMING PARTNERSHIP (Director)
Reporting Person: NEWHOUSE BROADCASTING CORP (Director)
Reporting Person: ADVANCE PUBLICATIONS, INC (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-08	Series C common stock, par value $0.01 per share	J	91048739.86	—	Disposed	0	Direct
2022-04-08	Series A common stock, par value $0.01 per share	J	70673242	—	Disposed	0	Direct
2022-04-08	Series A common stock, par value $0.01 per share	J	194023290	—	Acquired	194023290	Direct

Footnotes

F1: Pursuant to a reclassification exempt under Rule 16b-7, each share of Series C common stock, par value $0.01 per share and Series A common stock, par value $0.01 per share beneficially owned by Advance/Newhouse Programming Partnership, a New York Partnership ("ANP") was reclassified and converted into such number of shares of Series A common stock, par value $0.01 per share (the "Common Stock") of Warner Bros. Discovery, Inc. (the "Company"), as provided in amended and restated certificate of incorporation of the Company pursuant to the business combination of the Company with a segment of AT&T Inc. ("AT&T"), pursuant to which Magallanes, Inc., a wholly owned subsidiary of AT&T, which owned the WarnerMedia segment of AT&T, was merged with and into Drake Subsidiary, Inc. a wholly owned subsidiary of the Company.