4//SEC Filing
ADVANCE LONG-TERM MANAGEMENT TRUST 4
Accession 0001387131-20-001945
CIK 0001437107other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 5:17 PM ET
Size
12.3 KB
Accession
0001387131-20-001945
Insider Transaction Report
Form 4
Discovery, Inc.DISCA
ADVANCE LONG-TERM MANAGEMENT TRUST
10% Owner
Transactions
- Sale
Series C Common Stock
2020-02-14$30.07/sh−9,500,000$285,712,500→ 2 total(indirect: See Footnote)
NEWHOUSE BROADCASTING CORP
10% Owner
Transactions
- Sale
Series C Common Stock
2020-02-14$30.07/sh−9,500,000$285,712,500→ 2 total(indirect: See Footnote)
ADVANCE PUBLICATIONS INC
10% Owner
Transactions
- Sale
Series C Common Stock
2020-02-14$30.07/sh−9,500,000$285,712,500→ 2 total(indirect: See Footnote)
ADVANCE/NEWHOUSE PARTNERSHIP
10% Owner
Transactions
- Sale
Series C Common Stock
2020-02-14$30.07/sh−9,500,000$285,712,500→ 2 total(indirect: See Footnote)
NEWHOUSE FAMILY HOLDINGS, L.P.
10% Owner
Transactions
- Sale
Series C Common Stock
2020-02-14$30.07/sh−9,500,000$285,712,500→ 2 total(indirect: See Footnote)
Footnotes (2)
- [F1]On February 14, 2020, Advance/Newhouse Partnership ("A/NP") sold 9,500,000 shares of Series C Common Stock ("Common Shares") to an unaffiliated financial institution pursuant to a post-paid forward transaction at a price based on the volume weighted average price of the Common Shares over a period of time determined by the financial institution, subject to an agreed minimum and maximum period.
- [F2]A/NP is the record holder of the Common Shares described above. The other reporting persons may be deemed to beneficially own the Common Shares due to their control of A/NP. Each reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.
Documents
Issuer
Discovery, Inc.
CIK 0001437107
Entity typeother
Related Parties
1- filerCIK 0001455381
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 5:17 PM ET
- Size
- 12.3 KB