Filing Details

Accession Number:
0001387131-21-002800
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-24 17:29:32
Reporting Period:
2021-02-23
Accepted Time:
2021-02-24 17:29:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1437107 Discovery Inc. DISCK () NY
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
914545 Newhouse Broadcasting Corp 6350 Court Street
East Syracuse NY 13057
No No Yes No
914546 Advance Publications, Inc 950 Fingerboard Road
Staten Island NY 10305
No No Yes No
1106770 Partnership Advance/Newhouse 6350 Court Street
East Syracuse NY 13057-1211
No No Yes No
1455381 Trust Management Long-Term Advance One Newark Center, 19Th Floor
C/O Robinson Miller. Llc
Newark NJ 07102
Yes No Yes No
1455383 Newhouse Family Holdings, L.p. One World Trade Center
New York NY 10007
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Series C Common Stock Acquisiton 2021-02-23 11,000,000 $0.00 11,000,002 No 4 C Indirect See Footnote
Series C Common Stock Disposition 2021-02-23 11,000,000 $42.15 2 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See Footnote
No 4 S Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Series C Common Stock Series C-1 Convertible Participating Preferred Stock Disposition 2021-02-23 568,041 $0.00 11,000,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
214,053 No 4 C Indirect
Footnotes
  1. On February 23, 2021, Advance/Newhouse Partnership ("A/NP") converted 568,041 shares of Discovery, Inc.'s Series C-1 Convertible Participating Preferred Stock ("Preferred Shares") into 11,000,000 shares of Discovery, Inc.'s Series C Common Stock ("Common Shares").
  2. A/NP is the record holder of the Preferred Shares and the Common Shares described above. The other reporting persons may be deemed to beneficially own the Preferred Shares and the Common Shares due to their control of A/NP. Each reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.
  3. Each Preferred Share is convertible pursuant to its terms into 19.3648 Common Shares at any time.