X0303 4 2010-04-14 0 0001319161 Warner Music Group Corp. WMG 0001445555 Macri Steven James 75 ROCKEFELLER PLAZA NEW YORK NY 10019 0 1 0 0 EVP, Chief Financial Officer Common Stock, par value $0.001 per share 2010-04-14 4 M 0 6922 6.34 A 6922 D Common Stock, par value $0.001 per share 2010-04-14 4 S 0 6922 8 D 0 D Common Stock, par value $0.001 per share 2010-04-15 4 M 0 3977 6.34 A 3977 D Common Stock, par value $0.001 per share 2010-04-15 4 S 0 3977 8.0025 D 0 D Stock Option (right to buy) 6.34 2010-04-14 4 M 0 6922 0 A 2017-12-14 Common Stock, par value $0.001 6922 15078 D Stock Option (right to buy) 6.34 2010-04-15 4 M 0 3977 0 A 2017-12-14 Common Stock, par value $0.001 3977 11101 D The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person in connection with his individual long-term strategy for estate planning. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $8.00 to $8.01. Upon request of the SEC staff, Warner Music Group Corp. (the "Company") or a security holder of the COmpany, the reporting person will provide full information regarding the number of shares sold at each separate price. The options vested and became exercisable in two equal installments as follows: (a) 5,500 on December 14, 2008 and (b) 5,500 on December 14, 2009. Unvested options are scheduled to become vested and exercisable as follows: (a) 5,500 on December 14, 2010 and (b) 5,500 on December 14, 2011, provided that Mr. Macri remains with the Company on each such date. /s/ Trent Tappe as attorney-in-fact 2010-04-16