Bruce Campbell - 28 Feb 2023 Form 4 Insider Report for Warner Bros. Discovery, Inc. (WBD)

Role: Chief Rev & Strategy Officer
Signature: Tara L. Smith, by power of attorney
Issuer symbol: WBD
Transactions as of: 28 Feb 2023
Net transactions value: -$517,262
Form type: 4
Filing time: 02 Mar 2023, 15:12:15 UTC
Previous filing: 29 Dec 2022
Next filing: 17 Mar 2023
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	Tax liability	$120,524	-7,716	-1.4%	$15.62	531,994	28 Feb 2023	Direct
transaction	WBD	Series A Common Stock	Tax liability	$396,738	-26,414	-5%	$15.02	505,580	01 Mar 2023	Direct
transaction	WBD	Series A Common Stock	Award	$0	+136,044	+27%	$0.000000	641,624	01 Mar 2023	Direct
holding	WBD	Series A Common Stock						145,418	28 Feb 2023	By LLC through grantor retained annuity trust	F1

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	Award	$0	+285,679		$0.000000	285,679	01 Mar 2023	Series A Common Stock	285,679	$15.02	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person holds 145,418 shares in an LLC through a grantor retained annuity trust, of which he is the settlor and trustee.
F2	This option vests in three installments (33%, 33%, 34%) beginning on March 1, 2024.