Form 4 for WMG Warner Music Group Corp.
Accepted 2021-09-10 00:00:00 ET · period of report 2021-09-08 · accession 0001209191-21-055559 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-10 | 2021-09-08 | WMG | ACCESS INDUSTRIES MANAGEMENT, LLC | Affiliate of 10% Owner | C - Cnv Deriv | $0.00 | +3.13M | 3.13M | New | $0 |
| DI | 2021-09-10 | 2021-09-08 | WMG | ACCESS INDUSTRIES MANAGEMENT, LLC | Affiliate of 10% Owner | S - Sale | $37.75 | -16.4K | 0 | -100% | -$617.8K |
| D | 2021-09-10 | 2021-09-08 | WMG | ACCESS INDUSTRIES MANAGEMENT, LLC | Affiliate of 10% Owner | S - Sale | $37.75 | -3.13M | 0 | -100% | -$118.30M |
| DI | 2021-09-10 | 2021-09-08 | WMG | ACCESS INDUSTRIES MANAGEMENT, LLC | Affiliate of 10% Owner | C - Cnv Deriv | $0.00 | +16.4K | 16.4K | New | $0 |
| DI | 2021-09-10 | 2021-09-08 | WMG | ACCESS INDUSTRIES MANAGEMENT, LLC | Affiliate of 10% Owner | C - Cnv Deriv | — | -16.4K | 1.60M | -1% | — |
| D | 2021-09-10 | 2021-09-08 | WMG | ACCESS INDUSTRIES MANAGEMENT, LLC | Affiliate of 10% Owner | C - Cnv Deriv | — | -3.13M | 372.39M | -0.8% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-09-08 | C | A | 3,133,907 | $0.00 | 3,133,907 | D By partnership | — | — | (F1) The securities reported are held directly by AI Entertainment Holdings LLC ("AIEH") and may be deemed to be beneficially owned by AIPH Holdings LLC ("AIPH"), Access Industries Holdings LLC ("AIH"), Access Industries, LLC ("AI"), Access Industries Management, LLC ("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 of the securities reported on this Form. (F2) The securities reported are held directly by Altep 2012 L.P. ("Altep 2012") and may be deemed to be beneficially owned by AI Altep Holdings, Inc. and Mr. Blavatnik because AI Altep Holdings, Inc. is the general partner of Altep 2012 and Mr. Blavatnik controls AI Altep Holdings, Inc. 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. |
| 2 | Common | Class A Common Stock | 2021-09-08 | S | D | 16,365 | $37.75 | 0 | I | — | — | |
| 3 | Common | Class A Common Stock | 2021-09-08 | S | D | 3,133,907 | $37.75 | 0 | D By partnership | — | — | (F1) The securities reported are held directly by AI Entertainment Holdings LLC ("AIEH") and may be deemed to be beneficially owned by AIPH Holdings LLC ("AIPH"), Access Industries Holdings LLC ("AIH"), Access Industries, LLC ("AI"), Access Industries Management, LLC ("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 of the securities reported on this Form. (F2) The securities reported are held directly by Altep 2012 L.P. ("Altep 2012") and may be deemed to be beneficially owned by AI Altep Holdings, Inc. and Mr. Blavatnik because AI Altep Holdings, Inc. is the general partner of Altep 2012 and Mr. Blavatnik controls AI Altep Holdings, Inc. 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. |
| 4 | Common | Class A Common Stock | 2021-09-08 | C | A | 16,365 | $0.00 | 16,365 | I | — | — | |
| 5 | Derivative | Class B Common Stock | 2021-09-08 | C | D | 16,365 | — | 1,602,188 | I | — · — to — | 16,365 Class A Common Stock | (F3) 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. |
| 6 | Derivative | Class B Common Stock | 2021-09-08 | C | D | 3,133,907 | — | 372,388,528 | D By partnership | — · — to — | 3,133,907 Class A Common Stock | (F3) 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. (F1) The securities reported are held directly by AI Entertainment Holdings LLC ("AIEH") and may be deemed to be beneficially owned by AIPH Holdings LLC ("AIPH"), Access Industries Holdings LLC ("AIH"), Access Industries, LLC ("AI"), Access Industries Management, LLC ("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 of the securities reported on this Form. (F2) The securities reported are held directly by Altep 2012 L.P. ("Altep 2012") and may be deemed to be beneficially owned by AI Altep Holdings, Inc. and Mr. Blavatnik because AI Altep Holdings, Inc. is the general partner of Altep 2012 and Mr. Blavatnik controls AI Altep Holdings, Inc. 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. |