STRZ

SEC source: 0001743842-20-000001 · primary_doc.xml · nonDerivative · entry 3

Berg Corii D. · CIK 0001743842 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,973

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 11,819 restricted share units that are scheduled to vest in three equal annual installments beginning May 15, 2021; (ii) 8,601 restricted share units that are scheduled to vest in three equal annual installments beginning July 1, 2020; (ii) 2,930 restricted share units that are scheduled to vest in two equal annual installments beginning July 1, 2020; and (iv) 7,705 restricted share units that are scheduled to vest on June 4, 2020.

SEC source: 0000899243-20-012140 · doc4.xml · nonDerivative · entry 21

RACHESKY MARK H MD · CIK 0001194368 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,242,547

F22 · price: The price reported in Column 4 is a weighted average price. These Class A Voting Shares were purchased in multiple transactions at prices ranging from $7.00 to $7.25.

F20 · balance_after: The shares reported as owned on this Form 4 do not include the shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement, by and among the Issuer, Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers"), the parent companies of the Buyers, John C. Malone, Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA, Institutional Partners III and Fund Management, but as to which they have no pecuniary interest.

F18 · ownership.nature: These shares are held for the account of MHR Institutional Partners IV LP, a Delaware limited partnership ("Institutional Partners IV"). MHR Institutional Advisors IV LLC, a Delaware limited liability company ("Institutional Advisors IV") is the general partner of Institutional Partners IV. MHR Institutional Advisors IV (MI) LLC, a Marshall Islands limited liability company ("Institutional Advisors IV (MI)") is the managing member of Institutional Advisors IV. Dr. Rachesky is the managing member of Institutional Advisors IV (MI). Fund Management is an affiliate of, and has an investment management agreement with, Institutional Partners IV pursuant to which it has the power to vote or direct the vote and to dispose or to direct the disposition of the shares held for the account of Institutional Partners IV. MHR Holdings is the managing member of Fund Management. (Continued to footnote 19)

F19 · ownership.nature: Accordingly, Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky may be deemed to beneficially own the shares held for the account of Institutional Partners IV. Each of Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

SEC source: 0000899243-20-012140 · doc4.xml · nonDerivative · entry 20

RACHESKY MARK H MD · CIK 0001194368 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,160,580

F21 · price: The price reported in Column 4 is a weighted average price. These Class A Voting Shares were purchased in multiple transactions at prices ranging from $6.975 to $7.00. The reporting persons undertake to provide to the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of Class A Voting Shares purchased at each separate price within the ranges set forth in footnotes (21) and (22) of this Form 4.

F20 · balance_after: The shares reported as owned on this Form 4 do not include the shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement, by and among the Issuer, Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers"), the parent companies of the Buyers, John C. Malone, Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA, Institutional Partners III and Fund Management, but as to which they have no pecuniary interest.

F18 · ownership.nature: These shares are held for the account of MHR Institutional Partners IV LP, a Delaware limited partnership ("Institutional Partners IV"). MHR Institutional Advisors IV LLC, a Delaware limited liability company ("Institutional Advisors IV") is the general partner of Institutional Partners IV. MHR Institutional Advisors IV (MI) LLC, a Marshall Islands limited liability company ("Institutional Advisors IV (MI)") is the managing member of Institutional Advisors IV. Dr. Rachesky is the managing member of Institutional Advisors IV (MI). Fund Management is an affiliate of, and has an investment management agreement with, Institutional Partners IV pursuant to which it has the power to vote or direct the vote and to dispose or to direct the disposition of the shares held for the account of Institutional Partners IV. MHR Holdings is the managing member of Fund Management. (Continued to footnote 19)

F19 · ownership.nature: Accordingly, Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky may be deemed to beneficially own the shares held for the account of Institutional Partners IV. Each of Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

SEC source: 0001207210-20-000001 · primary_doc.xml · nonDerivative · entry 2

SIMMONS HARDWICK · CIK 0001207210 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,114

F1 · shares: Director fees paid in common shares.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-20-000001 · primary_doc.xml · nonDerivative · entry 1

SIMMONS HARDWICK · CIK 0001207210 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,574

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 275 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-20-000004 · primary_doc.xml · nonDerivative · entry 4

EVRENSEL ARTHUR · CIK 0001257243 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,984

F5 · shares: Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 1,350 Class B common shares reported herein. No common shares were sold by the Issuer or the reporting person.

F4 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in to equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest in September 1, 2020.

SEC source: 0001207210-20-000004 · primary_doc.xml · nonDerivative · entry 3

EVRENSEL ARTHUR · CIK 0001257243 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,088

F1 · shares: Director fees paid in common shares.

F4 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in to equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest in September 1, 2020.

SEC source: 0001207210-20-000004 · primary_doc.xml · nonDerivative · entry 2

EVRENSEL ARTHUR · CIK 0001257243 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,495

F3 · shares: Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 1,252 Class A common shares reported herein. No common shares were sold by the Issuer or the reporting person.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 275 restricted share units that are scheduled to vest on September 2, 2020.

SEC source: 0001207210-20-000004 · primary_doc.xml · nonDerivative · entry 1

EVRENSEL ARTHUR · CIK 0001257243 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,592

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 275 restricted share units that are scheduled to vest on September 2, 2020.

SEC source: 0001207210-20-000006 · primary_doc.xml · nonDerivative · entry 2

Ostolaza Yvette · CIK 0001796999 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,279

F1 · shares: Director fees paid in common shares.

SEC source: 0001207210-20-000006 · primary_doc.xml · nonDerivative · entry 1

Ostolaza Yvette · CIK 0001796999 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,988

F1 · shares: Director fees paid in common shares.

SEC source: 0001207210-20-000005 · primary_doc.xml · nonDerivative · entry 2

McCaw Susan · CIK 0001752099 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,133

F1 · shares: Director fees paid in common shares.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; and (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020.

SEC source: 0001207210-20-000005 · primary_doc.xml · nonDerivative · entry 1

McCaw Susan · CIK 0001752099 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,762

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; and (ii) 743 restricted share units that are scheduled go vest in two equal annual installments beginning September 11, 2020.

SEC source: 0001207210-20-000007 · primary_doc.xml · nonDerivative · entry 2

Crawford Gordon · CIK 0001567530 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 366,675

F1 · shares: Director fees paid in common shares.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 11, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-20-000007 · primary_doc.xml · nonDerivative · entry 1

Crawford Gordon · CIK 0001567530 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 255,942

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 743 restricted share units that are scheduled to vest in two equal installments beginning September 11, 2020; and (iii) 275 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-20-000003 · primary_doc.xml · nonDerivative · entry 2

Sanchez Daniel E. · CIK 0001567395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,754

F1 · shares: Director fees paid in common shares.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020: and (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020.

SEC source: 0001207210-20-000003 · primary_doc.xml · nonDerivative · entry 1

Sanchez Daniel E. · CIK 0001567395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,746

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; and (ii) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020.

SEC source: 0001207210-20-000002 · primary_doc.xml · nonDerivative · entry 2

Simm Daryl · CIK 0001303840 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,626

F1 · shares: Director fees paid in common shares.

F3 · balance_after: Amount incudes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-20-000002 · primary_doc.xml · nonDerivative · entry 1

Simm Daryl · CIK 0001303840 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,106

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 20, 2020; (i) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; (iii) 275 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0000899243-20-010128 · doc4.xml · nonDerivative · entry 2

Fine Emily · CIK 0001658532 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,769

F2 · price: Director fees granted in Class B Non-Voting Shares of the Issuer.

SEC source: 0000899243-20-010128 · doc4.xml · nonDerivative · entry 1

Fine Emily · CIK 0001658532 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,262

F1 · price: Director fees granted in Class A Voting Shares of the Issuer.

SEC source: 0000899243-20-010127 · doc4.xml · nonDerivative · entry 2

RACHESKY MARK H MD · CIK 0001194368 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,130

F22 · price: Director Fees granted in Class B Non-Voting Shares of the Issuer.

F20 · balance_after: The shares reported as owned on this Form 4 do not include the shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement, by and among the Issuer, Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers"), the parent companies of the Buyers, John C. Malone, Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA, Institutional Partners III and Fund Management, but as to which they have no pecuniary interest.

SEC source: 0000899243-20-010127 · doc4.xml · nonDerivative · entry 1

RACHESKY MARK H MD · CIK 0001194368 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,999

F21 · price: Director Fees granted in Class A Voting Shares of the Issuer.

F20 · balance_after: The shares reported as owned on this Form 4 do not include the shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement, by and among the Issuer, Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers"), the parent companies of the Buyers, John C. Malone, Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA, Institutional Partners III and Fund Management, but as to which they have no pecuniary interest.

SEC source: 0001209191-20-021256 · doc4.xml · derivative · entry 2

Discovery, Inc. · CIK 0001437107 · See Remarks

Discovery Lightning Investments LTD · CIK 0001658101 · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By subsidiary

Disclosed balance after: 0

Underlying: Units of Class A Voting Shares and Class B Non-Voting Shares · 1,666,667 shares

Expires not disclosed

F1 · kind: On March 17, 2020, Tranche 2 and Tranche 3 of the Transaction (as defined and described below) were cancelled pursuant to the Termination Agreement (as defined and described below). As a result, the Reporting Person will receive $44,331,834.40 in cash from the Bank based on the volume weighted average price of the Class A Voting Shares between March 18, 2020 and March 24, 2020 pursuant to the terms of the Termination Agreement.

F1 · price: On March 17, 2020, Tranche 2 and Tranche 3 of the Transaction (as defined and described below) were cancelled pursuant to the Termination Agreement (as defined and described below). As a result, the Reporting Person will receive $44,331,834.40 in cash from the Bank based on the volume weighted average price of the Class A Voting Shares between March 18, 2020 and March 24, 2020 pursuant to the terms of the Termination Agreement.

F2 · price: As reported on a previously filed Form 4, on November 12, 2015, Discovery Lightning Investments Limited ("Discovery"), a wholly-owned subsidiary of Discovery, Inc., entered into a Collar Transaction (the "Transaction") with an unaffiliated bank (the "Bank"), pursuant to which Discovery wrote covered call options and purchased put options over an aggregate of 2,500,000 Common Shares. In connection with a reclassification of the Issuer's common shares, pursuant to a notice dated February 10, 2017 given by the Bank, the terms of the Transaction were adjusted in a transaction exempt under Rule 16b-7 to reflect the reclassification, with no changes to the economic rights and obligations of either Discovery or the Bank. As adjusted, the Transaction related to 2,500,000 units, each consisting of 0.5 Class A Voting Shares and 0.5 Class B Non-Voting Shares, for an aggregate of 1,250,000 Class A Voting Shares and 1,250,000 Class B Non-Voting Shares.

F3 · price: The Transaction was divided into three individual tranches (each a "Tranche") with each Tranche divided into 25 individual components (each a "Component"); the expiration dates of the options included in the Components constituting Tranche 2 are the 25 trading days from October 23, 2020 through November 30, 2020, inclusive; and the expiration dates of the Components constituting Tranche 3 are the 25 trading days from January 25, 2022 through March 1, 2022, inclusive. As reported on previously filed Forms 4, the Components constituting Tranche 1 were exercised or expired between July 25, 2019 and August 28, 2019.

F4 · price: On the relevant expiration date for each Component: the call option will automatically be exercised if the Settlement Price is greater than $52.677 (the "Call Strike Price"); the put option will automatically be exercised if the reference price is less than or equal to $33.167 (the "Put Strike Price"); and the call right and the put right will expire unexercised if the reference price is greater than the Put Strike Price but less than the Call Strike Price.

F5 · price: The "Settlement Price" means the sum of (i) the volume weighted average trading price of a Class A Voting Share multiplied by 0.5 and (ii) the volume weighted average trading price of a Class B Non-Voting Share multiplied by 0.5, in each case on the expiration date for the relevant Component. The options will be settled in cash unless Discovery elects physical settlement.

F6 · price: Each Component related to 16,667 Class A Voting Shares and 16,667 Class B Non-Voting Shares (or, in the case of the options included in the Components having the final expiration date for each Tranche, 16,658.5 Class A Voting Shares and 16,658.5 Class B Non-Voting Shares) in the case of Tranche 1 and Tranche 2 and 16,659 Class A Voting Shares and 16,659 Class B Non-Voting Shares in the case of Tranche 3).

F7 · price: On March 17, 2020, Discovery and the Bank entered into a termination agreement (the "Termination Agreement"), pursuant to which the remaining options under Tranche 2 and Tranche 3 of the Transaction were canceled.

F8 · price: As reported on a previously filed Form 4, in exchange for the Bank's entering into the Transaction, Discovery paid the Bank a premium of $3,599,595 and pledged 1,250,000 Class A Voting Shares and 1,250,000 Class B Non-Voting Shares of the Issuer to the Bank to secure its obligations under the Transaction. In connection with settlement of the put options in Tranche 1, described above, the number of pledged shares was reduced to cover 833,334 Class A Voting Shares and 833,334 Class B Non-Voting Shares. In connection with the Termination Agreement, Discovery's pledge of 833,333 Class A Voting Shares and 833,334 Class B Non-Voting Shares was fully released and discharged.

F2 · derivative.exercise_date: As reported on a previously filed Form 4, on November 12, 2015, Discovery Lightning Investments Limited ("Discovery"), a wholly-owned subsidiary of Discovery, Inc., entered into a Collar Transaction (the "Transaction") with an unaffiliated bank (the "Bank"), pursuant to which Discovery wrote covered call options and purchased put options over an aggregate of 2,500,000 Common Shares. In connection with a reclassification of the Issuer's common shares, pursuant to a notice dated February 10, 2017 given by the Bank, the terms of the Transaction were adjusted in a transaction exempt under Rule 16b-7 to reflect the reclassification, with no changes to the economic rights and obligations of either Discovery or the Bank. As adjusted, the Transaction related to 2,500,000 units, each consisting of 0.5 Class A Voting Shares and 0.5 Class B Non-Voting Shares, for an aggregate of 1,250,000 Class A Voting Shares and 1,250,000 Class B Non-Voting Shares.

F3 · derivative.exercise_date: The Transaction was divided into three individual tranches (each a "Tranche") with each Tranche divided into 25 individual components (each a "Component"); the expiration dates of the options included in the Components constituting Tranche 2 are the 25 trading days from October 23, 2020 through November 30, 2020, inclusive; and the expiration dates of the Components constituting Tranche 3 are the 25 trading days from January 25, 2022 through March 1, 2022, inclusive. As reported on previously filed Forms 4, the Components constituting Tranche 1 were exercised or expired between July 25, 2019 and August 28, 2019.

F4 · derivative.exercise_date: On the relevant expiration date for each Component: the call option will automatically be exercised if the Settlement Price is greater than $52.677 (the "Call Strike Price"); the put option will automatically be exercised if the reference price is less than or equal to $33.167 (the "Put Strike Price"); and the call right and the put right will expire unexercised if the reference price is greater than the Put Strike Price but less than the Call Strike Price.

F5 · derivative.exercise_date: The "Settlement Price" means the sum of (i) the volume weighted average trading price of a Class A Voting Share multiplied by 0.5 and (ii) the volume weighted average trading price of a Class B Non-Voting Share multiplied by 0.5, in each case on the expiration date for the relevant Component. The options will be settled in cash unless Discovery elects physical settlement.

F6 · derivative.exercise_date: Each Component related to 16,667 Class A Voting Shares and 16,667 Class B Non-Voting Shares (or, in the case of the options included in the Components having the final expiration date for each Tranche, 16,658.5 Class A Voting Shares and 16,658.5 Class B Non-Voting Shares) in the case of Tranche 1 and Tranche 2 and 16,659 Class A Voting Shares and 16,659 Class B Non-Voting Shares in the case of Tranche 3).

F7 · derivative.exercise_date: On March 17, 2020, Discovery and the Bank entered into a termination agreement (the "Termination Agreement"), pursuant to which the remaining options under Tranche 2 and Tranche 3 of the Transaction were canceled.

F2 · derivative.expiration_date: As reported on a previously filed Form 4, on November 12, 2015, Discovery Lightning Investments Limited ("Discovery"), a wholly-owned subsidiary of Discovery, Inc., entered into a Collar Transaction (the "Transaction") with an unaffiliated bank (the "Bank"), pursuant to which Discovery wrote covered call options and purchased put options over an aggregate of 2,500,000 Common Shares. In connection with a reclassification of the Issuer's common shares, pursuant to a notice dated February 10, 2017 given by the Bank, the terms of the Transaction were adjusted in a transaction exempt under Rule 16b-7 to reflect the reclassification, with no changes to the economic rights and obligations of either Discovery or the Bank. As adjusted, the Transaction related to 2,500,000 units, each consisting of 0.5 Class A Voting Shares and 0.5 Class B Non-Voting Shares, for an aggregate of 1,250,000 Class A Voting Shares and 1,250,000 Class B Non-Voting Shares.

F3 · derivative.expiration_date: The Transaction was divided into three individual tranches (each a "Tranche") with each Tranche divided into 25 individual components (each a "Component"); the expiration dates of the options included in the Components constituting Tranche 2 are the 25 trading days from October 23, 2020 through November 30, 2020, inclusive; and the expiration dates of the Components constituting Tranche 3 are the 25 trading days from January 25, 2022 through March 1, 2022, inclusive. As reported on previously filed Forms 4, the Components constituting Tranche 1 were exercised or expired between July 25, 2019 and August 28, 2019.

F4 · derivative.expiration_date: On the relevant expiration date for each Component: the call option will automatically be exercised if the Settlement Price is greater than $52.677 (the "Call Strike Price"); the put option will automatically be exercised if the reference price is less than or equal to $33.167 (the "Put Strike Price"); and the call right and the put right will expire unexercised if the reference price is greater than the Put Strike Price but less than the Call Strike Price.

F5 · derivative.expiration_date: The "Settlement Price" means the sum of (i) the volume weighted average trading price of a Class A Voting Share multiplied by 0.5 and (ii) the volume weighted average trading price of a Class B Non-Voting Share multiplied by 0.5, in each case on the expiration date for the relevant Component. The options will be settled in cash unless Discovery elects physical settlement.

F6 · derivative.expiration_date: Each Component related to 16,667 Class A Voting Shares and 16,667 Class B Non-Voting Shares (or, in the case of the options included in the Components having the final expiration date for each Tranche, 16,658.5 Class A Voting Shares and 16,658.5 Class B Non-Voting Shares) in the case of Tranche 1 and Tranche 2 and 16,659 Class A Voting Shares and 16,659 Class B Non-Voting Shares in the case of Tranche 3).

F7 · derivative.expiration_date: On March 17, 2020, Discovery and the Bank entered into a termination agreement (the "Termination Agreement"), pursuant to which the remaining options under Tranche 2 and Tranche 3 of the Transaction were canceled.

F1 · derivative.underlying_shares: On March 17, 2020, Tranche 2 and Tranche 3 of the Transaction (as defined and described below) were cancelled pursuant to the Termination Agreement (as defined and described below). As a result, the Reporting Person will receive $44,331,834.40 in cash from the Bank based on the volume weighted average price of the Class A Voting Shares between March 18, 2020 and March 24, 2020 pursuant to the terms of the Termination Agreement.

F9 · ownership.direct: The shares are held directly by Discovery Lightning Investments Limited, an indirect wholly-owned subsidiary of Discovery, Inc.

SEC source: 0001209191-20-021256 · doc4.xml · derivative · entry 1

Discovery, Inc. · CIK 0001437107 · See Remarks

Discovery Lightning Investments LTD · CIK 0001658101 · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By subsidiary

Disclosed balance after: 0

Underlying: Units of Class A Voting Shares and Class B Non-Voting Shares · 1,666,667 shares

Expires not disclosed

F1 · kind: On March 17, 2020, Tranche 2 and Tranche 3 of the Transaction (as defined and described below) were cancelled pursuant to the Termination Agreement (as defined and described below). As a result, the Reporting Person will receive $44,331,834.40 in cash from the Bank based on the volume weighted average price of the Class A Voting Shares between March 18, 2020 and March 24, 2020 pursuant to the terms of the Termination Agreement.

F1 · price: On March 17, 2020, Tranche 2 and Tranche 3 of the Transaction (as defined and described below) were cancelled pursuant to the Termination Agreement (as defined and described below). As a result, the Reporting Person will receive $44,331,834.40 in cash from the Bank based on the volume weighted average price of the Class A Voting Shares between March 18, 2020 and March 24, 2020 pursuant to the terms of the Termination Agreement.

F2 · price: As reported on a previously filed Form 4, on November 12, 2015, Discovery Lightning Investments Limited ("Discovery"), a wholly-owned subsidiary of Discovery, Inc., entered into a Collar Transaction (the "Transaction") with an unaffiliated bank (the "Bank"), pursuant to which Discovery wrote covered call options and purchased put options over an aggregate of 2,500,000 Common Shares. In connection with a reclassification of the Issuer's common shares, pursuant to a notice dated February 10, 2017 given by the Bank, the terms of the Transaction were adjusted in a transaction exempt under Rule 16b-7 to reflect the reclassification, with no changes to the economic rights and obligations of either Discovery or the Bank. As adjusted, the Transaction related to 2,500,000 units, each consisting of 0.5 Class A Voting Shares and 0.5 Class B Non-Voting Shares, for an aggregate of 1,250,000 Class A Voting Shares and 1,250,000 Class B Non-Voting Shares.

F3 · price: The Transaction was divided into three individual tranches (each a "Tranche") with each Tranche divided into 25 individual components (each a "Component"); the expiration dates of the options included in the Components constituting Tranche 2 are the 25 trading days from October 23, 2020 through November 30, 2020, inclusive; and the expiration dates of the Components constituting Tranche 3 are the 25 trading days from January 25, 2022 through March 1, 2022, inclusive. As reported on previously filed Forms 4, the Components constituting Tranche 1 were exercised or expired between July 25, 2019 and August 28, 2019.

F4 · price: On the relevant expiration date for each Component: the call option will automatically be exercised if the Settlement Price is greater than $52.677 (the "Call Strike Price"); the put option will automatically be exercised if the reference price is less than or equal to $33.167 (the "Put Strike Price"); and the call right and the put right will expire unexercised if the reference price is greater than the Put Strike Price but less than the Call Strike Price.

F5 · price: The "Settlement Price" means the sum of (i) the volume weighted average trading price of a Class A Voting Share multiplied by 0.5 and (ii) the volume weighted average trading price of a Class B Non-Voting Share multiplied by 0.5, in each case on the expiration date for the relevant Component. The options will be settled in cash unless Discovery elects physical settlement.

F6 · price: Each Component related to 16,667 Class A Voting Shares and 16,667 Class B Non-Voting Shares (or, in the case of the options included in the Components having the final expiration date for each Tranche, 16,658.5 Class A Voting Shares and 16,658.5 Class B Non-Voting Shares) in the case of Tranche 1 and Tranche 2 and 16,659 Class A Voting Shares and 16,659 Class B Non-Voting Shares in the case of Tranche 3).

F7 · price: On March 17, 2020, Discovery and the Bank entered into a termination agreement (the "Termination Agreement"), pursuant to which the remaining options under Tranche 2 and Tranche 3 of the Transaction were canceled.

F8 · price: As reported on a previously filed Form 4, in exchange for the Bank's entering into the Transaction, Discovery paid the Bank a premium of $3,599,595 and pledged 1,250,000 Class A Voting Shares and 1,250,000 Class B Non-Voting Shares of the Issuer to the Bank to secure its obligations under the Transaction. In connection with settlement of the put options in Tranche 1, described above, the number of pledged shares was reduced to cover 833,334 Class A Voting Shares and 833,334 Class B Non-Voting Shares. In connection with the Termination Agreement, Discovery's pledge of 833,333 Class A Voting Shares and 833,334 Class B Non-Voting Shares was fully released and discharged.

F2 · derivative.exercise_date: As reported on a previously filed Form 4, on November 12, 2015, Discovery Lightning Investments Limited ("Discovery"), a wholly-owned subsidiary of Discovery, Inc., entered into a Collar Transaction (the "Transaction") with an unaffiliated bank (the "Bank"), pursuant to which Discovery wrote covered call options and purchased put options over an aggregate of 2,500,000 Common Shares. In connection with a reclassification of the Issuer's common shares, pursuant to a notice dated February 10, 2017 given by the Bank, the terms of the Transaction were adjusted in a transaction exempt under Rule 16b-7 to reflect the reclassification, with no changes to the economic rights and obligations of either Discovery or the Bank. As adjusted, the Transaction related to 2,500,000 units, each consisting of 0.5 Class A Voting Shares and 0.5 Class B Non-Voting Shares, for an aggregate of 1,250,000 Class A Voting Shares and 1,250,000 Class B Non-Voting Shares.

F3 · derivative.exercise_date: The Transaction was divided into three individual tranches (each a "Tranche") with each Tranche divided into 25 individual components (each a "Component"); the expiration dates of the options included in the Components constituting Tranche 2 are the 25 trading days from October 23, 2020 through November 30, 2020, inclusive; and the expiration dates of the Components constituting Tranche 3 are the 25 trading days from January 25, 2022 through March 1, 2022, inclusive. As reported on previously filed Forms 4, the Components constituting Tranche 1 were exercised or expired between July 25, 2019 and August 28, 2019.

F4 · derivative.exercise_date: On the relevant expiration date for each Component: the call option will automatically be exercised if the Settlement Price is greater than $52.677 (the "Call Strike Price"); the put option will automatically be exercised if the reference price is less than or equal to $33.167 (the "Put Strike Price"); and the call right and the put right will expire unexercised if the reference price is greater than the Put Strike Price but less than the Call Strike Price.

F5 · derivative.exercise_date: The "Settlement Price" means the sum of (i) the volume weighted average trading price of a Class A Voting Share multiplied by 0.5 and (ii) the volume weighted average trading price of a Class B Non-Voting Share multiplied by 0.5, in each case on the expiration date for the relevant Component. The options will be settled in cash unless Discovery elects physical settlement.

F6 · derivative.exercise_date: Each Component related to 16,667 Class A Voting Shares and 16,667 Class B Non-Voting Shares (or, in the case of the options included in the Components having the final expiration date for each Tranche, 16,658.5 Class A Voting Shares and 16,658.5 Class B Non-Voting Shares) in the case of Tranche 1 and Tranche 2 and 16,659 Class A Voting Shares and 16,659 Class B Non-Voting Shares in the case of Tranche 3).

F7 · derivative.exercise_date: On March 17, 2020, Discovery and the Bank entered into a termination agreement (the "Termination Agreement"), pursuant to which the remaining options under Tranche 2 and Tranche 3 of the Transaction were canceled.

F2 · derivative.expiration_date: As reported on a previously filed Form 4, on November 12, 2015, Discovery Lightning Investments Limited ("Discovery"), a wholly-owned subsidiary of Discovery, Inc., entered into a Collar Transaction (the "Transaction") with an unaffiliated bank (the "Bank"), pursuant to which Discovery wrote covered call options and purchased put options over an aggregate of 2,500,000 Common Shares. In connection with a reclassification of the Issuer's common shares, pursuant to a notice dated February 10, 2017 given by the Bank, the terms of the Transaction were adjusted in a transaction exempt under Rule 16b-7 to reflect the reclassification, with no changes to the economic rights and obligations of either Discovery or the Bank. As adjusted, the Transaction related to 2,500,000 units, each consisting of 0.5 Class A Voting Shares and 0.5 Class B Non-Voting Shares, for an aggregate of 1,250,000 Class A Voting Shares and 1,250,000 Class B Non-Voting Shares.

F3 · derivative.expiration_date: The Transaction was divided into three individual tranches (each a "Tranche") with each Tranche divided into 25 individual components (each a "Component"); the expiration dates of the options included in the Components constituting Tranche 2 are the 25 trading days from October 23, 2020 through November 30, 2020, inclusive; and the expiration dates of the Components constituting Tranche 3 are the 25 trading days from January 25, 2022 through March 1, 2022, inclusive. As reported on previously filed Forms 4, the Components constituting Tranche 1 were exercised or expired between July 25, 2019 and August 28, 2019.

F4 · derivative.expiration_date: On the relevant expiration date for each Component: the call option will automatically be exercised if the Settlement Price is greater than $52.677 (the "Call Strike Price"); the put option will automatically be exercised if the reference price is less than or equal to $33.167 (the "Put Strike Price"); and the call right and the put right will expire unexercised if the reference price is greater than the Put Strike Price but less than the Call Strike Price.

F5 · derivative.expiration_date: The "Settlement Price" means the sum of (i) the volume weighted average trading price of a Class A Voting Share multiplied by 0.5 and (ii) the volume weighted average trading price of a Class B Non-Voting Share multiplied by 0.5, in each case on the expiration date for the relevant Component. The options will be settled in cash unless Discovery elects physical settlement.

F6 · derivative.expiration_date: Each Component related to 16,667 Class A Voting Shares and 16,667 Class B Non-Voting Shares (or, in the case of the options included in the Components having the final expiration date for each Tranche, 16,658.5 Class A Voting Shares and 16,658.5 Class B Non-Voting Shares) in the case of Tranche 1 and Tranche 2 and 16,659 Class A Voting Shares and 16,659 Class B Non-Voting Shares in the case of Tranche 3).

F7 · derivative.expiration_date: On March 17, 2020, Discovery and the Bank entered into a termination agreement (the "Termination Agreement"), pursuant to which the remaining options under Tranche 2 and Tranche 3 of the Transaction were canceled.

F1 · derivative.underlying_shares: On March 17, 2020, Tranche 2 and Tranche 3 of the Transaction (as defined and described below) were cancelled pursuant to the Termination Agreement (as defined and described below). As a result, the Reporting Person will receive $44,331,834.40 in cash from the Bank based on the volume weighted average price of the Class A Voting Shares between March 18, 2020 and March 24, 2020 pursuant to the terms of the Termination Agreement.

F9 · ownership.direct: The shares are held directly by Discovery Lightning Investments Limited, an indirect wholly-owned subsidiary of Discovery, Inc.

SEC source: 0000899243-20-008663 · doc4.xml · nonDerivative · entry 22

RACHESKY MARK H MD · CIK 0001194368 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,060,580

F23 · price: The price reported in Column 4 is a weighted average price. These Class A Voting Shares were purchased in multiple transactions at prices ranging from $4.185 to $5.170

F20 · balance_after: The shares reported as owned on this Form 4 do not include the shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement, by and among the Issuer, Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers"), the parent companies of the Buyers, John C. Malone, Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA, Institutional Partners III and Fund Management, but as to which they have no pecuniary interest.

F18 · ownership.nature: These shares are held for the account of MHR Institutional Partners IV LP, a Delaware limited partnership ("Institutional Partners IV"). MHR Institutional Advisors IV LLC, a Delaware limited liability company ("Institutional Advisors IV") is the general partner of Institutional Partners IV. MHR Institutional Advisors IV (MI) LLC, a Marshall Islands limited liability company ("Institutional Advisors IV (MI)") is the managing member of Institutional Advisors IV. Dr. Rachesky is the managing member of Institutional Advisors IV (MI). Fund Management is an affiliate of, and has an investment management agreement with, Institutional Partners IV pursuant to which it has the power to vote or direct the vote and to dispose or to direct the disposition of the shares held for the account of Institutional Partners IV. MHR Holdings is the managing member of Fund Management. (Continued to footnote 19)

F19 · ownership.nature: Accordingly, Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky may be deemed to beneficially own the shares held for the account of Institutional Partners IV. Each of Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

SEC source: 0000899243-20-008663 · doc4.xml · nonDerivative · entry 21

RACHESKY MARK H MD · CIK 0001194368 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 2,845,567

F22 · price: The price reported in Column 4 is a weighted average price. These Class A Voting Shares were purchased in multiple transactions at prices ranging from $4.695 to $4.85.

F20 · balance_after: The shares reported as owned on this Form 4 do not include the shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement, by and among the Issuer, Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers"), the parent companies of the Buyers, John C. Malone, Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA, Institutional Partners III and Fund Management, but as to which they have no pecuniary interest.

F18 · ownership.nature: These shares are held for the account of MHR Institutional Partners IV LP, a Delaware limited partnership ("Institutional Partners IV"). MHR Institutional Advisors IV LLC, a Delaware limited liability company ("Institutional Advisors IV") is the general partner of Institutional Partners IV. MHR Institutional Advisors IV (MI) LLC, a Marshall Islands limited liability company ("Institutional Advisors IV (MI)") is the managing member of Institutional Advisors IV. Dr. Rachesky is the managing member of Institutional Advisors IV (MI). Fund Management is an affiliate of, and has an investment management agreement with, Institutional Partners IV pursuant to which it has the power to vote or direct the vote and to dispose or to direct the disposition of the shares held for the account of Institutional Partners IV. MHR Holdings is the managing member of Fund Management. (Continued to footnote 19)

F19 · ownership.nature: Accordingly, Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky may be deemed to beneficially own the shares held for the account of Institutional Partners IV. Each of Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

SEC source: 0000899243-20-008663 · doc4.xml · nonDerivative · entry 20

RACHESKY MARK H MD · CIK 0001194368 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 2,579,558

F21 · price: The price reported in Column 4 is a weighted average price. These Class A Voting Shares were purchased in multiple transactions at prices ranging from $4.625 to $5.25. The reporting persons undertake to provide to the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of Class A Voting Shares purchased at each separate price within the ranges set forth in footnotes (21) through (23) of this Form 4.

F20 · balance_after: The shares reported as owned on this Form 4 do not include the shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement, by and among the Issuer, Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers"), the parent companies of the Buyers, John C. Malone, Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA, Institutional Partners III and Fund Management, but as to which they have no pecuniary interest.

F18 · ownership.nature: These shares are held for the account of MHR Institutional Partners IV LP, a Delaware limited partnership ("Institutional Partners IV"). MHR Institutional Advisors IV LLC, a Delaware limited liability company ("Institutional Advisors IV") is the general partner of Institutional Partners IV. MHR Institutional Advisors IV (MI) LLC, a Marshall Islands limited liability company ("Institutional Advisors IV (MI)") is the managing member of Institutional Advisors IV. Dr. Rachesky is the managing member of Institutional Advisors IV (MI). Fund Management is an affiliate of, and has an investment management agreement with, Institutional Partners IV pursuant to which it has the power to vote or direct the vote and to dispose or to direct the disposition of the shares held for the account of Institutional Partners IV. MHR Holdings is the managing member of Fund Management. (Continued to footnote 19)

F19 · ownership.nature: Accordingly, Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky may be deemed to beneficially own the shares held for the account of Institutional Partners IV. Each of Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

SEC source: 0000899243-20-008663 · doc4.xml · nonDerivative · entry 19

RACHESKY MARK H MD · CIK 0001194368 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 128,311

F21 · price: The price reported in Column 4 is a weighted average price. These Class A Voting Shares were purchased in multiple transactions at prices ranging from $4.625 to $5.25. The reporting persons undertake to provide to the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of Class A Voting Shares purchased at each separate price within the ranges set forth in footnotes (21) through (23) of this Form 4.

F20 · balance_after: The shares reported as owned on this Form 4 do not include the shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement, by and among the Issuer, Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers"), the parent companies of the Buyers, John C. Malone, Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA, Institutional Partners III and Fund Management, but as to which they have no pecuniary interest.

F16 · ownership.nature: These shares are held for the account of MHR Capital Partners Master Account III LP, an Anguilla, British West Indies limited partnership ("Master Account III"). MHR Advisors III LLC, a Delaware limited liability company ("Advisors III") is the general partner of Master Account III. Dr. Rachesky is the managing member of Advisors III. Fund Management is an affiliate of, and has an investment management agreement with, Master Account III pursuant to which it has the power to vote or direct the vote and to dispose or to direct the disposition of the shares held for the account of Master Account III. MHR Holdings is the managing member of Fund Management. (Continued to footnote 17)

F17 · ownership.nature: Accordingly, Advisors III, Fund Management, MHR Holdings and Dr. Rachesky may be deemed to beneficially own the shares held for the account of Master Account III. Each of Advisors III, Fund Management, MHR Holdings and Dr. Rachesky disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

SEC source: 0001558979-20-000002 · primary_doc.xml · nonDerivative · entry 1

Ostolaza Yvette · CIK 0001796999 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,802

SEC source: 0001558979-20-000001 · primary_doc.xml · nonDerivative · entry 2

Goldsmith Brian · CIK 0001558979 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 142,179

F1 · shares: Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 16,106 Class B restricted share units. The grant of the restricted share units was previously reported and, pursuant to the Lions Gate Entertainment Corp. 2019 Performance Incentive Plan and the Issuer's policies, 5,557 Class B common shares were automatically canceled to cover certain of the reporting person's tax obligations.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 32,210 restricted share units that are scheduled to vest in two equal installments on September 11, 2020 and September 11, 2021; and (i) 18,836 restricted share units that are scheduled to vest on June 4, 2020.

SEC source: 0001567530-19-000008 · primary_doc.xml · nonDerivative · entry 2

Crawford Gordon · CIK 0001567530 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 364,015

F2 · price: The price reported in a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.84 to $9.21. The reporting person undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the Issuer or a security holder of the Issuer.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001567530-19-000007 · primary_doc.xml · nonDerivative · entry 4

Crawford Gordon · CIK 0001567530 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 336,429

F5 · price: The price reported in a weighted average price. These shares were purchased in multiple transactions in prices ranging from $8.65 to $8.79. The reporting person undertakes to provide full information regarding the number of shares and the prices at which the transactions were effected upon request of the SEC staff, the Issuer or a security holder of the Issuer.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001567530-19-000007 · primary_doc.xml · nonDerivative · entry 3

Crawford Gordon · CIK 0001567530 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 291,652

F4 · price: The price reported in a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.73 to $8.89. The reporting person undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the Issuer or a security holder of the Issuer.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001567530-19-000007 · primary_doc.xml · nonDerivative · entry 2

Crawford Gordon · CIK 0001567530 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 246,028

F2 · price: The price reported in an weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.08 to $9.28. The reporting person undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the Issuer or a security holder of the Issuer.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0000899243-19-024950 · doc4.xml · nonDerivative · entry 20

RACHESKY MARK H MD · CIK 0001194368 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 2,317,961

F20 · balance_after: The shares reported as owned on this Form 4 do not include the shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement, by and among the Issuer, Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers"), the parent companies of the Buyers, John C. Malone, Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA, Institutional Partners III and Fund Management, but as to which they have no pecuniary interest.

F18 · ownership.nature: These shares are held for the account of MHR Institutional Partners IV LP, a Delaware limited partnership ("Institutional Partners IV"). MHR Institutional Advisors IV LLC, a Delaware limited liability company ("Institutional Advisors IV") is the general partner of Institutional Partners IV. MHR Institutional Advisors IV (MI) LLC, a Marshall Islands limited liability company ("Institutional Advisors IV (MI)") is the managing member of Institutional Advisors IV. Dr. Rachesky is the managing member of Institutional Advisors IV (MI). Fund Management is an affiliate of, and has an investment management agreement with, Institutional Partners IV pursuant to which it has the power to vote or direct the vote and to dispose or to direct the disposition of the shares held for the account of Institutional Partners IV. MHR Holdings is the managing member of Fund Management. (Continued to footnote 19)

F19 · ownership.nature: Accordingly, Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky may be deemed to beneficially own the shares held for the account of Institutional Partners IV. Each of Institutional Advisors IV, Institutional Advisors IV (MI), Fund Management, MHR Holdings and Dr. Rachesky disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

SEC source: 0000899243-19-024950 · doc4.xml · nonDerivative · entry 19

RACHESKY MARK H MD · CIK 0001194368 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 81,610

F20 · balance_after: The shares reported as owned on this Form 4 do not include the shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement, by and among the Issuer, Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers"), the parent companies of the Buyers, John C. Malone, Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA, Institutional Partners III and Fund Management, but as to which they have no pecuniary interest.

F16 · ownership.nature: These shares are held for the account of MHR Capital Partners Master Account III LP, an Anguilla, British West Indies limited partnership ("Master Account III"). MHR Advisors III LLC, a Delaware limited liability company ("Advisors III") is the general partner of Master Account III. Dr. Rachesky is the managing member of Advisors III. Fund Management is an affiliate of, and has an investment management agreement with, Master Account III pursuant to which it has the power to vote or direct the vote and to dispose or to direct the disposition of the shares held for the account of Master Account III. MHR Holdings is the managing member of Fund Management. (Continued to footnote 17)

F17 · ownership.nature: Accordingly, Advisors III, Fund Management, MHR Holdings and Dr. Rachesky may be deemed to beneficially own the shares held for the account of Master Account III. Each of Advisors III, Fund Management, MHR Holdings and Dr. Rachesky disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

SEC source: 0001207210-19-000001 · primary_doc.xml · nonDerivative · entry 2

SIMMONS HARDWICK · CIK 0001207210 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,549

F1 · shares: Director fees paid in common shares.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-19-000001 · primary_doc.xml · nonDerivative · entry 1

SIMMONS HARDWICK · CIK 0001207210 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,123

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 275 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-19-000003 · primary_doc.xml · nonDerivative · entry 2

McCaw Susan · CIK 0001752099 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,901

F1 · shares: Director fees paid in common shares.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; and (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020.

SEC source: 0001207210-19-000003 · primary_doc.xml · nonDerivative · entry 1

McCaw Susan · CIK 0001752099 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,619

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; and (ii) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020.

SEC source: 0001207210-19-000006 · primary_doc.xml · nonDerivative · entry 2

Crawford Gordon · CIK 0001567530 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 214,015

F1 · shares: Director fees paid in common shares.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest on three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-19-000006 · primary_doc.xml · nonDerivative · entry 1

Crawford Gordon · CIK 0001567530 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 253,475

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 275 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-19-000005 · primary_doc.xml · nonDerivative · entry 4

EVRENSEL ARTHUR · CIK 0001257243 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,671

F5 · shares: Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 864 Class B common shares reported herein. No common shares were sold by the Issuer or the reporting person.

F4 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest in September 12, 2020.

SEC source: 0001207210-19-000005 · primary_doc.xml · nonDerivative · entry 3

EVRENSEL ARTHUR · CIK 0001257243 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,738

F1 · shares: Director fees paid in common shares.

F4 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 287 restricted share units that are scheduled to vest in September 12, 2020.

SEC source: 0001207210-19-000005 · primary_doc.xml · nonDerivative · entry 2

EVRENSEL ARTHUR · CIK 0001257243 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,277

F3 · shares: Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 815 Class A common shares reported herein. No common shares were sold by the Issuer or the reporting person.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 275 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-19-000005 · primary_doc.xml · nonDerivative · entry 1

EVRENSEL ARTHUR · CIK 0001257243 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,340

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; (ii) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020; and (iii) 275 restricted share units that are scheduled to vest on September 12, 2020.

SEC source: 0001207210-19-000004 · primary_doc.xml · nonDerivative · entry 2

Sanchez Daniel E. · CIK 0001567395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,522

F1 · shares: Director fees paid in common shares.

F3 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 2,425 restricted share units that are scheduled to vest in three equal annual installments beginning September 20, 2020; and (ii) 782 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2020.

SEC source: 0001207210-19-000004 · primary_doc.xml · nonDerivative · entry 1

Sanchez Daniel E. · CIK 0001567395 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,603

F1 · shares: Director fees paid in common shares.

F2 · balance_after: Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer: (i) 2,267 restricted share units that are scheduled to vest in three equal annual installments beginning September 10, 2020; and (ii) 743 restricted share units that are scheduled to vest in two equal annual installments beginning September 11, 2010.

SEC source: 0000899243-19-024953 · doc4.xml · nonDerivative · entry 2

Fine Emily · CIK 0001658532 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,304

F2 · price: Director fees granted in Class B Non-Voting Shares of the Issuer.