Malone John C - 21 Jun 2021 Form 4 Insider Report for Discovery, Inc. (WBD)

Role
Director, 10%+ Owner
Signature
Tara L. Smith, by power of attorney
Issuer symbol
WBD
Transactions as of
21 Jun 2021
Transactions value $
-$197,287
Form type
4
Date filed
22 Jun 2021, 16:50
Previous filing
15 Jun 2021
Next filing
16 Sep 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 Sale -$197K -6.77K -2.69% $29.15 245K 21 Jun 2021 Direct F1
transaction WBD Series A Common Stock Gift $0 -243K -99.18% $0.00 2K 27 Jan 2021 Direct F2
holding WBD Series A Common Stock 1.1M 21 Jun 2021 By Trust F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock were the result of RSUs that vested, and were immediately sold, on June 21, 2021 pursuant to a 10b5-1 plan.
F2 On January 27, 2021, the reporting person transferred 242,605 shares of Series A common stock by gift to a charitable organization.
F3 On March 8, 2021, the reporting person and the reporting person's spouse transferred 434,900 shares of Series A common stock and 268,337 shares of Series A common stock, respectively, to the trust. On March 9, 2021, the reporting person transferred 101,086 shares of Series A common stock to the trust.
F4 The reporting person is the sole trustee of the trust, and his spouse has a unitrust interest in the trust.

Remarks:

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