Blavatnik Len's Form 4 filing
Warner Music Group Corp. (WMG) · filed Dec 10, 2021
- Accession no.
- 0001209191-21-069127
- Filed
- Dec 10, 2021, 7:01 PM ET
- Trade date
- Dec 8, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 8 non-derivative transactions and 5 derivative transactions. Open-market sales total $171.6M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Blavatnik LenCIK 0001326628 | Director, Other: Affiliate of 10% Owner |
| AIBFF, Inc.CIK 0000877116 | Other: Affiliate of 10% Owner |
| Access Industries Holdings LLCCIK 0001391297 | Other: Affiliate of 10% Owner |
| Access Industries Management, LLCCIK 0001508226 | Other: Affiliate of 10% Owner |
| Access Industries, LLCCIK 0001508227 | Other: Affiliate of 10% Owner |
| Access Industries Core Holdings LLCCIK 0001564326 | Other: Affiliate of 10% Owner |
| AI Entertainment Holdings LLCCIK 0001813621 | 10% Owner |
| Altep 2012 L.P.CIK 0001813892 | Other: Affiliate of 10% Owner |
| CT/Ft Holdings LLCCIK 0001813894 | Other: Affiliate of 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 8, 2021 | Class A Common Stock | CConversionAcquired | +2,553,394 | $0.00 | $0 | 2,553,394 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | SSaleDisposed | −2,553,394 | $41.25 | −$105,327,502.5 | 0 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | CConversionAcquired | +479,800 | $0.00 | $0 | 479,800 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | SSaleDisposed | −479,800 | $41.25 | −$19,791,750 | 0 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | CConversionAcquired | +1,110,170 | $0.00 | $0 | 1,110,170 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | SSaleDisposed | −1,110,170 | $41.25 | −$45,794,512.5 | 0 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | CConversionAcquired | +17,381 | $0.00 | $0 | 17,381 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | SSaleDisposed | −17,381 | $41.25 | −$716,966.25 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 8, 2021 | Class A Common Stock | GGiftAcquired | +4,890,786 | $0.00F6 | $0 | 4,890,786 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | CConversionDisposed | −2,553,394 | –F5 | – | 2,337,392 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | CConversionDisposed | −479,800 | –F5 | – | 0 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | CConversionDisposed | −1,110,170 | –F5 | – | 1,868,428 | Indirect | |
| Dec 8, 2021 | Class A Common Stock | CConversionDisposed | −17,381 | –F5 | – | 1,575,066 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F5
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.
Referenced by the price of 4 transactions in Table II.
- F6
The securities were distributed to Remainder in its capacity as a beneficiary in connection with the termination of a grantor retained annuity trust.
Referenced by the price of 1 transaction in Table II.