Home/Filings/4/0000950170-24-139567

4//SEC Filing

AIBFF, Inc. 4

Accession 0000950170-24-139567

CIK 0001319161other

View on SEC.gov Company Profile

Filed

Dec 22, 7:00 PM ET

Accepted

Dec 23, 4:05 PM ET

Size

40.1 KB

Accession

0000950170-24-139567

Insider Transaction Report

Form 4

Period: 2024-12-19

Warner Music Group Corp.WMG

AI Entertainment Holdings LLC

10% Owner

Transactions

Other
Class B Common Stock
2024-12-19−6,927,734→ 0 total(indirect: By LLC)
→ Class A Common Stock (6,927,734 underlying)
Other
Class B Common Stock
2024-12-19+6,898,638→ 247,600,227 total
→ Class A Common Stock (6,898,638 underlying)
Other
Class B Common Stock
2024-12-19+29,096→ 29,096 total(indirect: By corporation)
→ Class A Common Stock (29,096 underlying)
Other
Class B Common Stock
2024-12-19−487,929→ 0 total(indirect: By Partnership)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19+1,626,518→ 6,927,734 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+487,929→ 517,025 total(indirect: By corporation)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19−1,626,518→ 0 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)

ACCESS INDUSTRIES MANAGEMENT, LLC

Other

Transactions

Other
Class B Common Stock
2024-12-19+6,898,638→ 247,600,227 total
→ Class A Common Stock (6,898,638 underlying)
Other
Class B Common Stock
2024-12-19+29,096→ 29,096 total(indirect: By corporation)
→ Class A Common Stock (29,096 underlying)
Other
Class B Common Stock
2024-12-19−487,929→ 0 total(indirect: By Partnership)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19+1,626,518→ 6,927,734 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+487,929→ 517,025 total(indirect: By corporation)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19−1,626,518→ 0 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19−6,927,734→ 0 total(indirect: By LLC)
→ Class A Common Stock (6,927,734 underlying)

Access Industries Holdings LLC

Other

Transactions

Other
Class B Common Stock
2024-12-19+6,898,638→ 247,600,227 total
→ Class A Common Stock (6,898,638 underlying)
Other
Class B Common Stock
2024-12-19−6,927,734→ 0 total(indirect: By LLC)
→ Class A Common Stock (6,927,734 underlying)
Other
Class B Common Stock
2024-12-19−1,626,518→ 0 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19−487,929→ 0 total(indirect: By Partnership)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19+487,929→ 517,025 total(indirect: By corporation)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19+1,626,518→ 6,927,734 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+29,096→ 29,096 total(indirect: By corporation)
→ Class A Common Stock (29,096 underlying)

AI Entertainment Management, LLC

Other

Transactions

Other
Class B Common Stock
2024-12-19+6,898,638→ 247,600,227 total
→ Class A Common Stock (6,898,638 underlying)
Other
Class B Common Stock
2024-12-19−1,626,518→ 0 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19−6,927,734→ 0 total(indirect: By LLC)
→ Class A Common Stock (6,927,734 underlying)
Other
Class B Common Stock
2024-12-19−487,929→ 0 total(indirect: By Partnership)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19+1,626,518→ 6,927,734 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+29,096→ 29,096 total(indirect: By corporation)
→ Class A Common Stock (29,096 underlying)
Other
Class B Common Stock
2024-12-19+487,929→ 517,025 total(indirect: By corporation)
→ Class A Common Stock (487,929 underlying)

Altep 2012 L.P.

Other

Transactions

Other
Class B Common Stock
2024-12-19+29,096→ 29,096 total(indirect: By corporation)
→ Class A Common Stock (29,096 underlying)
Other
Class B Common Stock
2024-12-19−487,929→ 0 total(indirect: By Partnership)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19−1,626,518→ 0 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+1,626,518→ 6,927,734 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+6,898,638→ 247,600,227 total
→ Class A Common Stock (6,898,638 underlying)
Other
Class B Common Stock
2024-12-19−6,927,734→ 0 total(indirect: By LLC)
→ Class A Common Stock (6,927,734 underlying)
Other
Class B Common Stock
2024-12-19+487,929→ 517,025 total(indirect: By corporation)
→ Class A Common Stock (487,929 underlying)

ACCESS INDUSTRIES INC

Other

Transactions

Other
Class B Common Stock
2024-12-19+29,096→ 29,096 total(indirect: By corporation)
→ Class A Common Stock (29,096 underlying)
Other
Class B Common Stock
2024-12-19−487,929→ 0 total(indirect: By Partnership)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19+1,626,518→ 6,927,734 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+6,898,638→ 247,600,227 total
→ Class A Common Stock (6,898,638 underlying)
Other
Class B Common Stock
2024-12-19+487,929→ 517,025 total(indirect: By corporation)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19−6,927,734→ 0 total(indirect: By LLC)
→ Class A Common Stock (6,927,734 underlying)
Other
Class B Common Stock
2024-12-19−1,626,518→ 0 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)

ACCESS INDUSTRIES, LLC

Other

Transactions

Other
Class B Common Stock
2024-12-19+6,898,638→ 247,600,227 total
→ Class A Common Stock (6,898,638 underlying)
Other
Class B Common Stock
2024-12-19−1,626,518→ 0 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+1,626,518→ 6,927,734 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19−487,929→ 0 total(indirect: By Partnership)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19+29,096→ 29,096 total(indirect: By corporation)
→ Class A Common Stock (29,096 underlying)
Other
Class B Common Stock
2024-12-19−6,927,734→ 0 total(indirect: By LLC)
→ Class A Common Stock (6,927,734 underlying)
Other
Class B Common Stock
2024-12-19+487,929→ 517,025 total(indirect: By corporation)
→ Class A Common Stock (487,929 underlying)

AIPH Holdings LLC

Other

Transactions

Other
Class B Common Stock
2024-12-19+29,096→ 29,096 total(indirect: By corporation)
→ Class A Common Stock (29,096 underlying)
Other
Class B Common Stock
2024-12-19+6,898,638→ 247,600,227 total
→ Class A Common Stock (6,898,638 underlying)
Other
Class B Common Stock
2024-12-19−487,929→ 0 total(indirect: By Partnership)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19−6,927,734→ 0 total(indirect: By LLC)
→ Class A Common Stock (6,927,734 underlying)
Other
Class B Common Stock
2024-12-19+487,929→ 517,025 total(indirect: By corporation)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19−1,626,518→ 0 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+1,626,518→ 6,927,734 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)

WMG Management Holdings, LLC

Other

Transactions

Other
Class B Common Stock
2024-12-19−6,927,734→ 0 total(indirect: By LLC)
→ Class A Common Stock (6,927,734 underlying)
Other
Class B Common Stock
2024-12-19+6,898,638→ 247,600,227 total
→ Class A Common Stock (6,898,638 underlying)
Other
Class B Common Stock
2024-12-19+29,096→ 29,096 total(indirect: By corporation)
→ Class A Common Stock (29,096 underlying)
Other
Class B Common Stock
2024-12-19−487,929→ 0 total(indirect: By Partnership)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19−1,626,518→ 0 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+1,626,518→ 6,927,734 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+487,929→ 517,025 total(indirect: By corporation)
→ Class A Common Stock (487,929 underlying)

Blavatnik Len

DirectorOther

Transactions

Other
Class B Common Stock
2024-12-19−487,929→ 0 total(indirect: By Partnership)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19−1,626,518→ 0 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)
Other
Class B Common Stock
2024-12-19+6,898,638→ 247,600,227 total
→ Class A Common Stock (6,898,638 underlying)
Other
Class B Common Stock
2024-12-19+29,096→ 29,096 total(indirect: By corporation)
→ Class A Common Stock (29,096 underlying)
Other
Class B Common Stock
2024-12-19+487,929→ 517,025 total(indirect: By corporation)
→ Class A Common Stock (487,929 underlying)
Other
Class B Common Stock
2024-12-19−6,927,734→ 0 total(indirect: By LLC)
→ Class A Common Stock (6,927,734 underlying)
Other
Class B Common Stock
2024-12-19+1,626,518→ 6,927,734 total(indirect: By LLC)
→ Class A Common Stock (1,626,518 underlying)

Footnotes (10)

[F1]Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.
[F10]The securities reported are held directly by Altep 2012 and may be deemed to be beneficially owned by AIBFF and Mr. Blavatnik because AIBFF is the general partner of Altep 2012 and Mr. Blavatnik controls AIBFF. Each of the reporting persons (other than Altep 2012) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.
[F2]On December 19, 2024, WMG Management Holdings, LLC ("Management Holdings") made a pro rata distribution for no consideration of an aggregate of 1,626,518 shares of Class B Common Stock to AI Entertainment Management, LLC ("AIEM"). As a result of such distribution, Management Holdings no longer beneficially owns any securities of the Issuer and shall cease to be a reporting person immediately following the filing of this Form.
[F3]The securities reported are held directly by Management Holdings and may be deemed to be beneficially owned by AIEM, AI Entertainment Holdings LLC ("AIEH"), AIPH Holdings LLC ("AIPH"), Access Industries Holdings LLC ("AIH"), Access Industries, LLC ("AI"), Access Industries Management, LLC ("AIM") and Mr. Blavatnik because AIEM controls a majority of the outstanding voting interests in Management Holdings, AIEH controls a majority of the outstanding voting interests in AIEM, AIPH is the parent of AIEH, AIH controls a majority of the outstanding voting interests in AIPH, AI controls a majority of the outstanding voting interests in AIH, AIM controls AI and AIH and Mr. Blavatnik is the controlling person of AIM and controls a majority of the outstanding voting interests in AI.
[F4]Each of the reporting persons (other than Management Holdings) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.
[F5]The securities reported are held directly by AIEM and may be deemed to be beneficially owned by AIEH, AIPH, AIH, AI, AIM and Mr. Blavatnik because AIEH controls a majority of the outstanding voting interests in AIEM, AIPH is the parent of AIEH, AIH controls a majority of the outstanding voting interests in AIPH, AI controls a majority of the outstanding voting interests in AIH, AIM controls AI and AIH and Mr. Blavatnik is the controlling person of AIM and controls a majority of the outstanding voting interests in AI. Each of the reporting persons (other than AIEM) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.
[F6]On December 19, 2024, AIEM made a pro rata distribution for no consideration of (a) an aggregate of 6,898,638 shares of Class B Common Stock to AIEH and (b) an aggregate of 29,096 shares of Class B Common Stock to AIBFF, Inc. (formerly known as AI Altep Holdings, Inc.) ("AIBFF"). As a result of such distribution, AIEM no longer beneficially owns any securities of the Issuer and shall cease to be a reporting person immediately following the filing of this Form.
[F7]The securities reported are held directly by AIEH and may be deemed to be beneficially owned by AIPH, AIH, AI, AIM and Mr. Blavatnik because AIPH is the parent of AIEH, AIH controls a majority of the outstanding voting interests in AIPH, AI controls a majority of the outstanding voting interests in AIH, AIM controls AI and AIH and Mr. Blavatnik is the controlling person of AIM and controls a majority of the outstanding voting interests in AI. Each of the reporting persons (other than AIEH) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.
[F8]The securities reported are held directly by AIBFF and may be deemed to be beneficially owned by Mr. Blavatnik because Mr. Blavatnik controls AIBFF. Each of the reporting persons (other than AIBFF) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.
[F9]On December 19, 2024, Altep 2012 L.P. ("Altep 2012") made a pro rata distribution for no consideration of an aggregate of 487,929 shares of Class B Common Stock to AIBFF. As a result of such distribution, Altep 2012 no longer beneficially owns any securities of the Issuer and shall cease to be a reporting person immediately following the filing of this Form.

Documents

1 file

4
ownership.xmlPrimary
4

Issuer

Warner Music Group Corp.

CIK 0001319161

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0000877116

Filing Metadata

Form type: 4
Filed: Dec 22, 7:00 PM ET
Accepted: Dec 23, 4:05 PM ET
Size: 40.1 KB

View on SEC.gov