WBD

SEC source: 0001437107-22-000089 · wf-form4_164979931919943.xml · nonDerivative · entry 2

Wiedenfels Gunnar · CIK 0001694392 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F3 · security: Represents Series C common stock of Discovery, Inc., par value $0.01 per share ("DISCK").

F2 · shares: Represents shares of DISCA and DISCK (as defined below) disposed of in the reclassification and automatic conversion on April 8, 2022 by Discovery, Inc. ("Discovery") of all of its shares of capital stock into shares of Series A common stock of Warner Bros. Discovery, Inc., par value $0.01 per share ("WBD Series A common stock"). On April 8, 2022, Discovery completed a transaction pursuant to which a wholly-owned subsidiary of Discovery combined with AT&T's WarnerMedia business (the "WarnerMedia Business") in a Reverse Morris Trust transaction and Discovery became the parent entity of the combined Discovery and WarnerMedia Business (the "Combination"). In connection with the Combination, Discovery, Inc. was renamed Warner Bros. Discovery, Inc.

SEC source: 0001437107-22-000089 · wf-form4_164979931919943.xml · nonDerivative · entry 1

Wiedenfels Gunnar · CIK 0001694392 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · security: Represents Series A common stock of Discovery, Inc., par value $0.01 per share ("DISCA").

F2 · shares: Represents shares of DISCA and DISCK (as defined below) disposed of in the reclassification and automatic conversion on April 8, 2022 by Discovery, Inc. ("Discovery") of all of its shares of capital stock into shares of Series A common stock of Warner Bros. Discovery, Inc., par value $0.01 per share ("WBD Series A common stock"). On April 8, 2022, Discovery completed a transaction pursuant to which a wholly-owned subsidiary of Discovery combined with AT&T's WarnerMedia business (the "WarnerMedia Business") in a Reverse Morris Trust transaction and Discovery became the parent entity of the combined Discovery and WarnerMedia Business (the "Combination"). In connection with the Combination, Discovery, Inc. was renamed Warner Bros. Discovery, Inc.

SEC source: 0001437107-22-000107 · wf-form4_164980724168328.xml · nonDerivative · entry 1

Di Piazza Samuel A Jr. · CIK 0001478420 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,393

F1 · security: Represents Series A common stock of Warner Bros. Discovery, Inc., par value $0.01 per share ("WBD Series A common stock").

F2 · shares: In connection with the Combination, (1) AT&T, Inc. ("AT&T") transferred the business, operations and activities that constitute the WarnerMedia segment of AT&T, subject to certain exceptions, to Magallanes, Inc., a wholly owned subsidiary of AT&T ("Spinco"), (2) AT&T distributed to its stockholders by way of a pro rata dividend the issued and outstanding shares of common stock of Spinco (the "Spinco Stock") such that each AT&T stockholder was entitled to receive one share of Spinco Stock for each share of AT&T common stock held as of the record date for the distribution, (3) a wholly-owned subsidiary of Warner Bros. Discovery, Inc. ("WBD") merged with Spinco, with Spinco surviving as a wholly-owned subsidiary of WBD, and (4) each share of Spinco Stock was automatically converted into the right to receive 0.241917 shares of WBD Series A common stock. Reflects the acquisition of WBD Series A common stock upon the automatic conversion of Spinco Stock in the Combination.

SEC source: 0001437107-22-000101 · wf-form4_164980354933019.xml · nonDerivative · entry 3

Miron Steven A · CIK 0001444691 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,073

F4 · security: Represents WBD Series A common stock.

F5 · shares: Represents shares of WBD Series A common stock acquired in the reclassification and automatic conversion of DISCA and DISCK into WBD Series A common stock on a one-for-one basis in connection with the Combination.

SEC source: 0001437107-22-000101 · wf-form4_164980354933019.xml · nonDerivative · entry 2

Miron Steven A · CIK 0001444691 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F3 · security: Represents Series C common stock of Discovery, Inc., par value $0.01 per share ("DISCK").

F2 · shares: Represents shares of DISCA and DISCK (as defined below) disposed of in the reclassification and automatic conversion on April 8, 2022 by Discovery, Inc. ("Discovery") of all of its shares of capital stock into shares of Series A common stock of Warner Bros. Discovery, Inc., par value $0.01 per share ("WBD Series A common stock"). On April 8, 2022, Discovery completed a transaction pursuant to which a wholly-owned subsidiary of Discovery combined with AT&T's WarnerMedia business (the "WarnerMedia Business") in a Reverse Morris Trust transaction and Discovery became the parent entity of the combined Discovery and WarnerMedia Business (the "Combination"). In connection with the Combination, Discovery, Inc. was renamed Warner Bros. Discovery, Inc.

SEC source: 0001437107-22-000101 · wf-form4_164980354933019.xml · nonDerivative · entry 1

Miron Steven A · CIK 0001444691 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · security: Represents Series A common stock of Discovery, Inc., par value $0.01 per share ("DISCA").

F2 · shares: Represents shares of DISCA and DISCK (as defined below) disposed of in the reclassification and automatic conversion on April 8, 2022 by Discovery, Inc. ("Discovery") of all of its shares of capital stock into shares of Series A common stock of Warner Bros. Discovery, Inc., par value $0.01 per share ("WBD Series A common stock"). On April 8, 2022, Discovery completed a transaction pursuant to which a wholly-owned subsidiary of Discovery combined with AT&T's WarnerMedia business (the "WarnerMedia Business") in a Reverse Morris Trust transaction and Discovery became the parent entity of the combined Discovery and WarnerMedia Business (the "Combination"). In connection with the Combination, Discovery, Inc. was renamed Warner Bros. Discovery, Inc.

SEC source: 0001437107-22-000115 · wf-form4_164980819591095.xml · derivative · entry 2

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 198,132

Underlying: Series A Common Stock · 198,132 shares

Expires 2029-01-03

F4 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F2 · derivative.exercise_date: This option vests in four equal annual installments beginning on May 16, 2023.

F5 · derivative.underlying: Represents Series A common stock of Warner Bros. Discovery, Inc., par value $0.01 per share ("WBD Series A common stock").

SEC source: 0001437107-22-000115 · wf-form4_164980819591095.xml · derivative · entry 1

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 198,132 shares

Expires 2029-01-03

F1 · shares: On April 8, 2022, Discovery, Inc. ("Discovery") completed a transaction pursuant to which a wholly-owned subsidiary of Discovery combined with AT&T's WarnerMedia business (the "WarnerMedia Business") in a Reverse Morris Trust transaction and Discovery became the parent entity of the combined Discovery and WarnerMedia Business (the "Combination"). In connection with the Combination, Discovery, Inc. was renamed Warner Bros. Discovery, Inc. Represents stock options to acquire DISCA (as defined in footnote 3) that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock (as defined in footnote 5) having substantially the same terms in connection with the Combination.

F2 · derivative.exercise_date: This option vests in four equal annual installments beginning on May 16, 2023.

F3 · derivative.underlying: Represents Series A common stock of Discovery, Inc., par value $0.01 per share ("DISCA").

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 34

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,322,488

Underlying: Series A Common Stock · 1,322,488 shares

Expires 2028-05-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F20 · derivative.exercise_date: This option vests 100% on December 31, 2027.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 33

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 1,322,488 shares

Expires 2028-05-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F20 · derivative.exercise_date: This option vests 100% on December 31, 2027.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 32

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,270,188

Underlying: Series A Common Stock · 1,270,188 shares

Expires 2028-05-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F19 · derivative.exercise_date: This option vests in two equal annual installments beginning on January 1, 2027.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 31

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 1,270,188 shares

Expires 2028-05-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F19 · derivative.exercise_date: This option vests in two equal annual installments beginning on January 1, 2027.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 30

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,401,917

Underlying: Series A Common Stock · 1,401,917 shares

Expires 2028-05-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F18 · derivative.exercise_date: This option vests in three equal annual installments beginning on January 1, 2026.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 29

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 1,401,917 shares

Expires 2028-05-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F18 · derivative.exercise_date: This option vests in three equal annual installments beginning on January 1, 2026.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 28

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,421,234

Underlying: Series A Common Stock · 1,421,234 shares

Expires 2028-05-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F17 · derivative.exercise_date: This option vests in four equal annual installments beginning on January 1, 2025.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 27

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 1,421,234 shares

Expires 2028-05-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F17 · derivative.exercise_date: This option vests in four equal annual installments beginning on January 1, 2025.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 26

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,360,127

Underlying: Series A Common Stock · 1,360,127 shares

Expires 2028-05-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F16 · derivative.exercise_date: This option vests in four equal annual installments beginning on January 1, 2024.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 25

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 1,360,127 shares

Expires 2028-05-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F16 · derivative.exercise_date: This option vests in four equal annual installments beginning on January 1, 2024.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 24

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,682,083

Underlying: Series A Common Stock · 1,682,083 shares

Expires 2028-05-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F15 · derivative.exercise_date: This option vests 100% on May 16, 2026.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 23

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 1,682,083 shares

Expires 2028-05-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F15 · derivative.exercise_date: This option vests 100% on May 16, 2026.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 22

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,603,292

Underlying: Series A Common Stock · 1,603,292 shares

Expires 2028-05-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F14 · derivative.exercise_date: This option vests in two equal annual installments beginning on May 16, 2025.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 21

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 1,603,292 shares

Expires 2028-05-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F14 · derivative.exercise_date: This option vests in two equal annual installments beginning on May 16, 2025.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 20

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,557,685

Underlying: Series A Common Stock · 1,557,685 shares

Expires 2028-05-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F13 · derivative.exercise_date: This option vests in three equal annual installments beginning on May 16, 2024.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 19

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 1,557,685 shares

Expires 2028-05-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F13 · derivative.exercise_date: This option vests in three equal annual installments beginning on May 16, 2024.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 18

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,519,414

Underlying: Series A Common Stock · 1,519,414 shares

Expires 2028-05-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F12 · derivative.exercise_date: This option vests in four equal annual installments beginning on May 16, 2023.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 17

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 1,519,414 shares

Expires 2028-05-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F12 · derivative.exercise_date: This option vests in four equal annual installments beginning on May 16, 2023.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 16

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,635,284

Underlying: Series A Common Stock · 1,635,284 shares

Expires 2028-05-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F11 · derivative.exercise_date: This option vests in four equal annual installments beginning on May 16, 2022.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 15

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 1,635,284 shares

Expires 2028-05-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F11 · derivative.exercise_date: This option vests in four equal annual installments beginning on May 16, 2022.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 14

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,560,788

Underlying: Series A Common Stock · 2,560,788 shares

Expires 2025-07-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: 70% of this option vested in connection with the Combination and the remaining 30% will vest on December 31, 2023.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 13

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 2,560,788 shares

Expires 2025-07-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: 70% of this option vested in connection with the Combination and the remaining 30% will vest on December 31, 2023.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 12

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,393,454

Underlying: Series A Common Stock · 2,393,454 shares

Expires 2025-07-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: 70% of this option vested in connection with the Combination and the remaining 30% will vest on December 31, 2023.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 11

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 2,393,454 shares

Expires 2025-07-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: 70% of this option vested in connection with the Combination and the remaining 30% will vest on December 31, 2023.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 10

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,155,404

Underlying: Series A Common Stock · 2,155,404 shares

Expires 2025-07-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: 70% of this option vested in connection with the Combination and the remaining 30% will vest on December 31, 2023.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 9

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 2,155,404 shares

Expires 2025-07-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: 70% of this option vested in connection with the Combination and the remaining 30% will vest on December 31, 2023.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 8

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,211,344

Underlying: Series A Common Stock · 2,211,344 shares

Expires 2025-07-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: 70% of this option vested in connection with the Combination and the remaining 30% will vest on December 31, 2023.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 7

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 2,211,344 shares

Expires 2025-07-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: 70% of this option vested in connection with the Combination and the remaining 30% will vest on December 31, 2023.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 6

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,435,655

Underlying: Series A Common Stock · 2,435,655 shares

Expires 2025-07-16

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: 70% of this option vested in connection with the Combination and the remaining 30% will vest on December 31, 2023.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · derivative · entry 5

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 2,435,655 shares

Expires 2025-07-16

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: 70% of this option vested in connection with the Combination and the remaining 30% will vest on December 31, 2023.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · nonDerivative · entry 4

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Indirect · Spouse

Disclosed balance after: 153

F4 · security: Represents WBD Series A common stock.

F6 · shares: In connection with the Combination, (1) AT&T, Inc. ("AT&T") transferred the WarnerMedia Business to Magallanes, Inc., a wholly owned subsidiary of AT&T ("Spinco"), (2) AT&T distributed to its stockholders the issued and outstanding shares of common stock of Spinco (the "Spinco Stock"), (3) a wholly-owned subsidiary of Discovery combined with Spinco, and (4) each share of Spinco Stock was automatically converted into 0.241917 shares of WBD Series A common stock. Reflects the acquisition of WBD Series A common stock upon the automatic conversion of Spinco Stock in the Combination.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · nonDerivative · entry 3

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,043,330

F4 · security: Represents WBD Series A common stock.

F5 · shares: Represents shares of WBD Series A common stock acquired in the reclassification and automatic conversion of DISCA and DISCK into WBD Series A common stock on a one-for-one basis in connection with the Combination.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · nonDerivative · entry 2

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F3 · security: Represents Series C common stock of Discovery, Inc., par value $0.01 per share ("DISCK").

F2 · shares: Represents shares of DISCA and DISCK (as defined below) disposed of in the reclassification and automatic conversion on April 8, 2022 by Discovery, Inc. ("Discovery") of all of its shares of capital stock into shares of Series A common stock of Warner Bros. Discovery, Inc., par value $0.01 per share ("WBD Series A common stock"). On April 8, 2022, Discovery completed a transaction pursuant to which a wholly-owned subsidiary of Discovery combined with AT&T's WarnerMedia business (the "WarnerMedia Business") in a Reverse Morris Trust transaction and Discovery became the parent entity of the combined Discovery and WarnerMedia Business (the "Combination"). In connection with the Combination, Discovery, Inc. was renamed Warner Bros. Discovery, Inc.

SEC source: 0001437107-22-000113 · wf-form4_164980808736310.xml · nonDerivative · entry 1

Zaslav David · CIK 0001318285 · Director · Chief Executive Officer & Pres

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · security: Represents Series A common stock of Discovery, Inc., par value $0.01 per share ("DISCA").

F2 · shares: Represents shares of DISCA and DISCK (as defined below) disposed of in the reclassification and automatic conversion on April 8, 2022 by Discovery, Inc. ("Discovery") of all of its shares of capital stock into shares of Series A common stock of Warner Bros. Discovery, Inc., par value $0.01 per share ("WBD Series A common stock"). On April 8, 2022, Discovery completed a transaction pursuant to which a wholly-owned subsidiary of Discovery combined with AT&T's WarnerMedia business (the "WarnerMedia Business") in a Reverse Morris Trust transaction and Discovery became the parent entity of the combined Discovery and WarnerMedia Business (the "Combination"). In connection with the Combination, Discovery, Inc. was renamed Warner Bros. Discovery, Inc.

SEC source: 0001437107-22-000111 · wf-form4_164980791758271.xml · derivative · entry 12

Campbell Bruce · CIK 0001421985 · Chief Rev & Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 130,546

Underlying: Series A Common Stock · 130,546 shares

Expires 2028-03-01

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F13 · derivative.exercise_date: This option vests in four equal annual installments beginning on March 1, 2022.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000111 · wf-form4_164980791758271.xml · derivative · entry 11

Campbell Bruce · CIK 0001421985 · Chief Rev & Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 130,546 shares

Expires 2028-03-01

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F13 · derivative.exercise_date: This option vests in four equal annual installments beginning on March 1, 2022.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000111 · wf-form4_164980791758271.xml · derivative · entry 10

Campbell Bruce · CIK 0001421985 · Chief Rev & Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 183,346

Underlying: Series A Common Stock · 183,346 shares

Expires 2027-02-28

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F12 · derivative.exercise_date: This option vests in four equal annual installments beginning February 28, 2021.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000111 · wf-form4_164980791758271.xml · derivative · entry 9

Campbell Bruce · CIK 0001421985 · Chief Rev & Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 183,346 shares

Expires 2027-02-28

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F12 · derivative.exercise_date: This option vests in four equal annual installments beginning February 28, 2021.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000111 · wf-form4_164980791758271.xml · derivative · entry 8

Campbell Bruce · CIK 0001421985 · Chief Rev & Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 126,984

Underlying: Series A Common Stock · 126,984 shares

Expires 2026-03-01

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F11 · derivative.exercise_date: As initially granted, this option vests in four equal annual installments beginning March 1, 2020.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000111 · wf-form4_164980791758271.xml · derivative · entry 7

Campbell Bruce · CIK 0001421985 · Chief Rev & Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 126,984 shares

Expires 2026-03-01

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F11 · derivative.exercise_date: As initially granted, this option vests in four equal annual installments beginning March 1, 2020.

F9 · derivative.underlying: Represents DISCA.

SEC source: 0001437107-22-000111 · wf-form4_164980791758271.xml · derivative · entry 6

Campbell Bruce · CIK 0001421985 · Chief Rev & Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 202,962

Underlying: Series A Common Stock · 202,962 shares

Expires 2025-03-01

F10 · shares: Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: This option is fully vested and exercisable.

F4 · derivative.underlying: Represents WBD Series A common stock.

SEC source: 0001437107-22-000111 · wf-form4_164980791758271.xml · derivative · entry 5

Campbell Bruce · CIK 0001421985 · Chief Rev & Strategy Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Common Stock · 202,962 shares

Expires 2025-03-01

F7 · shares: Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.

F8 · derivative.exercise_date: This option is fully vested and exercisable.

F9 · derivative.underlying: Represents DISCA.