Jean-Briac Perrette - 28 May 2021 Form 4 Insider Report for Discovery, Inc. (WBD)

Role
Pres.&CEO, Discovery Int'l
Signature
Tara L. Smith, by power of attorney
Issuer symbol
WBD
Transactions as of
28 May 2021
Net transactions value
$0
Form type
4
Filing time
01 Jun 2021, 16:42:37 UTC
Next filing
06 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBD Series A Common Stock Options Exercise $2,133,646 +72,327 +22% $29.50 400,152 28 May 2021 Direct
transaction WBD Series A Common Stock Options Exercise $2,692,575 +92,592 +23% $29.08 492,744 28 May 2021 Direct
transaction WBD Series A Common Stock Options Exercise $1,288,418 +50,133 +10% $25.70 542,877 28 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WBD Employee Stock Option (right to acquire) Options Exercise $2,133,646 -72,327 -100% $29.50 0 28 May 2021 Series A Common Stock 72,327 $29.50 Direct F1
transaction WBD Employee Stock Option Options Exercise $2,692,575 -92,592 -50% $29.08 92,592 28 May 2021 Series A Common Stock 92,592 $29.08 Direct F2
transaction WBD Employee Stock Option Options Exercise $1,288,418 -50,133 -25% $25.70 150,402 28 May 2021 Series A Common Stock 50,133 $25.70 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option is fully vested and exercisable.
F2 This option vests in four equal installments beginning on March 1, 2020.
F3 This option vests in four equal installments beginning on February 28, 2021.

Remarks:

The trading symbols for the Issuer's Series A, Series B and Series C common stock are, respectively, DISCA, DISCB and DISCK.