Steven O. Newhouse - Apr 8, 2022 Form 3 Insider Report for Warner Bros. Discovery, Inc. (WBD)

Role
Director
Signature
/s/ Steven O. Newhouse
Stock symbol
WBD
Transactions as of
Apr 8, 2022
Transactions value $
$0
Form type
3
Date filed
4/12/2022, 06:52 PM
Next filing
Jun 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WBD Series A common stock, par value $0.01 per share 343 Apr 8, 2022 Direct F1
holding WBD Series A common stock, par value $0.01 per share 198M Apr 8, 2022 Indirect interest in two partnerships F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Newhouse held shares of Warner Bros. Discovery, Inc.'s (the "Company") Series A Common Stock, par value $0.01 per share (the "Common Stock") at the time of his election to the Warner Bros. Discovery, Inc, Board of Directors.
F2 Advance/Newhouse Programming Partnership, a New York Partnership ("ANP") owns 194,023,290 shares of the Common Stock of the Company and Advance Newhouse Partnership, a New York Partnership ("A/N") owns 4,152,302 shares of the Common Stock of the Company. Mr. Newhouse, by virtue of his affiliations with Advance Publications, Inc., a New York corporation ("API"), Newhouse Broadcasting Corporation, a New York corporation ("NBCo"), and certain holders of equity in API and NBCo, may be deemed to beneficially own shares of Common Stock of the Company owned directly by A/N and ANP. API and NBCo indirectly own all of the partnership interests of A/N and ANP.
F3 Mr. Newhouse disclaims beneficial ownership of the shares of Common Stock owned by A/N and ANP and this report shall not be deemed an admission that Mr. Newhouse is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.