Filing Details

Accession Number:
0001209191-20-062814
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-10 21:00:30
Reporting Period:
2020-12-08
Accepted Time:
2020-12-10 21:00:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1319161 Warner Music Group Corp. WMG Services-Amusement & Recreation Services (7900) 134271875
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1335032 Forbes Stephen Cooper C/O Warner Music Group Corp.
1633 Broadway
New York NY 10019
Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2020-12-08 557,000 $31.04 4,803,864 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 7,048,933 Indirect By grantor retained annuity trust
Footnotes
  1. Includes shares of the Issuer's Class A Common Stock received in settlement of the reporting person's vested Deferred Equity Units issued under the Second Amended and Restated Warner Music Group Corp. Senior Management Free Cash Flow Plan.
  2. Includes shares of the Issuer's Class A Common Stock that converted from shares of the Issuer's Class B Common Stock previously held by WMG Management Holdings, LLC, ("Management LLC") represented by Class A Units and Class B Units of Management LLC held directly and in trust by the reporting person, which units in Management LLC were redeemed from the reporting person on December 2, 2020 in exchange for shares of the Issuer's Class A Common Stock pursuant to the terms of the Second Amended and Restated Limited Liability Company Agreement of Management LLC.
  3. Held by two grantor retained annuity trusts.