0001209191-23-003518.txt : 20230117
0001209191-23-003518.hdr.sgml : 20230117
20230117160804
ACCESSION NUMBER: 0001209191-23-003518
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230112
FILED AS OF DATE: 20230117
DATE AS OF CHANGE: 20230117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lousada Max
CENTRAL INDEX KEY: 0001807479
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32502
FILM NUMBER: 23531632
MAIL ADDRESS:
STREET 1: C/O WARNER MUSIC GROUP CORP.
STREET 2: 1633 BROADWAY
CITY: NEW YORK
STATE: NY
ZIP: 10019
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Warner Music Group Corp.
CENTRAL INDEX KEY: 0001319161
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
IRS NUMBER: 134271875
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 1633 BROADWAY
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 212-275-2000
MAIL ADDRESS:
STREET 1: 1633 BROADWAY
CITY: NEW YORK
STATE: NY
ZIP: 10019
FORMER COMPANY:
FORMER CONFORMED NAME: WMG Parent Corp.
DATE OF NAME CHANGE: 20050228
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2023-01-12
0
0001319161
Warner Music Group Corp.
WMG
0001807479
Lousada Max
C/O WARNER MUSIC GROUP CORP.
1633 BROADWAY
NEW YORK
NY
10019
0
1
0
0
CEO, Recorded Music
Class A Common Stock
2023-01-12
4
A
0
145560
0.00
A
2752586
D
Class A Common Stock
1048784
I
By LLC
Restricted stock units granted pursuant to the issuer's long-term incentive plan.
Includes restricted stock units.
Includes 2,607,026 vested Deferred Equity Units issued under the Second Amended and Restated Warner Music Group Corp. Senior Management Free Cash Flow Plan. These Deferred Equity Units will be settled for shares of the Issuer's Class A Common Stock on a one-for-one basis by no later than December 31, 2025. Upon such settlement, the corresponding Deferred Equity Units will be cancelled.
Shares of the Issuer's Class A Common Stock represented by 1,048,784 Class B Units of WMG Management Holdings, LLC ("Management LLC") pursuant to the terms of, and subject to the limitations and restrictions set forth in, the Second Amended and Restated Limited Liability Company Agreement of Management LLC, as amended, these Class B Units are redeemable for a number of shares of the Issuer's Class B Common Stock equal to 1,048,784 less a number of shares of Class B Common Stock having a value equal to $3,343,758 on the date of such redemption (the "Benchmark Shares"), which is the sum of the benchmark amounts of the Class B Units. The reporting person expressly disclaims beneficial ownership of the Benchmark Shares.
Any shares of the Issuer's Class B Common Stock issued to the reporting person upon a redemption of Class B Units will immediately and automatically convert to shares of the Issuer's Class A Common Stock on a one-for-one basis, and the corresponding Class B Units will be cancelled.
/s/ Trent N. Tappe, as Attorney-in-Fact
2023-01-17