Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NONE | Common Stock | Disposed to Issuer | -37.9K | -100% | 0 | Apr 8, 2022 | Direct | F1, F2 | ||
transaction | NONE | Common Stock | Disposed to Issuer | -9.28K | -100% | 0 | Apr 8, 2022 | By 401(k) | F1, F2 |
Debra L. Dial is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Represents 47,139.41 shares of the Issuer's common stock acquired by the Reporting Person in a pro rata distribution by AT&T Inc. ("AT&T") to holders of its common stock for no consideration, which occurred on April 8, 2022 in a transaction exempt under Rules 16a-9 and 16b-3 of the Securities Exchange Act of 1934, as amended (the "Distribution"). |
F2 | Following the Distribution, each share of the Issuer's common stock was disposed of pursuant to the Agreement and Plan of Merger between AT&T, the Issuer, Discovery, Inc. (renamed Warner Bros. Discovery, Inc. ("WBD") in connection with the merger) and Drake Subsidiary, Inc., in exchange for 11,403 shares of WBD common stock, in the aggregate, having a market value of $24.78 per share on April 11, 2022. |
Senior Vice President, Controller and Chief Accounting Officer