Filing Details
- Accession Number:
- 0001209191-21-069127
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-10 19:01:30
- Reporting Period:
- 2021-12-08
- Accepted Time:
- 2021-12-10 19:01:30
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1319161 | Warner Music Group Corp. | WMG | () | DE |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 877116 | Ai Altep Holdings, Inc | C/O Access Industries, Inc. 40 West 57Th Street, 28Th Floor New York NY 10019 | No | No | No | Yes | |
| 1326628 | Len Blavatnik | C/O Access Industries, Inc. 40 West 57Th Street, 28Th Floor New York NY 10019 | Yes | No | No | Yes | |
| 1391297 | Access Industries Holdings Llc | C/O Access Industries, Inc. 40 West 57Th Street, 28Th Floor New York NY 10019 | No | No | No | Yes | |
| 1508226 | Access Industries Management, Llc | C/O Access Industries, Inc. 40 West 57Th Street, 28Th Floor New York NY 10019 | No | No | No | Yes | |
| 1508227 | Access Industries, Llc | 40 West 57Th Street, 28Th Floor New York NY 10019 | No | No | No | Yes | |
| 1564326 | Aiph Holdings Llc | C/O Access Industries, Inc. 40 West 57Th Street, 28Th Floor New York NY 10019 | No | No | No | Yes | |
| 1813621 | Ai Entertainment Holdings Llc | C/O Access Industries, Inc. 40 West 57Th Street, 28Th Floor New York NY 10019 | No | No | Yes | No | |
| 1813892 | L.p. 2012 Altep | C/O Access Industries, Inc. 40 West 57Th Street, 28Th Floor New York NY 10019 | No | No | No | Yes | |
| 1813894 | Ct/Ft Holdings Llc | C/O Access Industries, Inc. 40 West 57Th Street, 28Th Floor New York NY 10019 | No | No | No | Yes |
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 | Acquisiton | 2021-12-08 | 2,553,394 | $0.00 | 2,553,394 | No | 4 | C | Indirect | By LB Remainder Holdings LLC |
| Class A Common Stock | Disposition | 2021-12-08 | 2,553,394 | $41.25 | 0 | No | 4 | S | Indirect | By LB Remainder Holdings LLC |
| Class A Common Stock | Acquisiton | 2021-12-08 | 479,800 | $0.00 | 479,800 | No | 4 | C | Indirect | By LLC |
| Class A Common Stock | Disposition | 2021-12-08 | 479,800 | $41.25 | 0 | No | 4 | S | Indirect | By LLC |
| Class A Common Stock | Acquisiton | 2021-12-08 | 1,110,170 | $0.00 | 1,110,170 | No | 4 | C | Indirect | By LLC |
| Class A Common Stock | Disposition | 2021-12-08 | 1,110,170 | $41.25 | 0 | No | 4 | S | Indirect | By LLC |
| Class A Common Stock | Acquisiton | 2021-12-08 | 17,381 | $0.00 | 17,381 | No | 4 | C | Indirect | By partnership |
| Class A Common Stock | Disposition | 2021-12-08 | 17,381 | $41.25 | 0 | No | 4 | S | Indirect | By partnership |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By LB Remainder Holdings LLC |
| No | 4 | S | Indirect | By LB Remainder Holdings LLC |
| No | 4 | C | Indirect | By LLC |
| No | 4 | S | Indirect | By LLC |
| No | 4 | C | Indirect | By LLC |
| No | 4 | S | Indirect | By LLC |
| No | 4 | C | Indirect | By partnership |
| No | 4 | S | Indirect | By partnership |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-12-08 | 4,890,786 | $0.00 | 4,890,786 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-12-08 | 2,553,394 | $0.00 | 2,553,394 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-12-08 | 479,800 | $0.00 | 479,800 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-12-08 | 1,110,170 | $0.00 | 1,110,170 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-12-08 | 17,381 | $0.00 | 17,381 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 4,890,786 | No | 5 | G | Indirect | ||
| 2,337,392 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect | ||
| 1,868,428 | No | 4 | C | Indirect | ||
| 1,575,066 | No | 4 | C | Indirect |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | $0.00 | 370,058,269 | 370,058,269 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 370,058,269 | 370,058,269 | Direct |
Footnotes
- The securities reported are held directly by LB Remainder Holdings LLC ("Remainder") and may be deemed to be beneficially owned by AIM and Mr. Blavatnik because AIM is the manager of Remainder and Mr. Blavatnik is the controlling person of AIM and is the sole member of Remainder. Each of the reporting persons (other than Remainder) 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.
- The securities reported are held directly by Access Industries, LLC ("AI") and may be deemed to be beneficially owned by AIM and Mr. Blavatnik, because AIM is the controlling entity of AI and Mr. Blavatnik is the controlling person of AIM and holder of a majority of the outstanding voting interests in AI. Each of the reporting persons (other than AI) 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.
- The securities reported are held directly by CT/FT Holdings LLC ("CT/FT") and may be deemed to be beneficially owned by AIM and Mr. Blavatnik, because AIM is the manager of CT/FT and Mr. Blavatnik is the controlling person of AIM. Each of the reporting persons (other than CT/FT) 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.
- 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.
- 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.
- The securities were distributed to Remainder in its capacity as a beneficiary in connection with the termination of a grantor retained annuity trust.
- 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"), 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.
Billionaire Hedge Funds
