SEC Form 4: Maffei Gregory B exercised 3,337,193 units of Series C Liberty SiriusXM Common Stock at a strike of $28.01, covered exercise/tax liability with 2,569,713 units of Series C Liberty SiriusXM Common Stock, exercised 333,910 units of Series C Liberty Braves Common Stock at a strike of $16.17, exercised 834,316 units of Series C Liberty Formula One Common Stock at a strike of $16.16 and covered exercise/tax liability with 492,328 units of Series C Liberty Formula One Common Stock, increasing direct ownership by 518% to 4,086,724 units
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Services-Misc. Amusement & Recreation
Consumer Discretionary
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Liberty Media Corp [ LSXMA ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/15/2021 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Series C Liberty Braves Common Stock | 12/15/2021 | M | 333,910 | A | $16.17 | 995,080 | D | |||
| Series C Liberty Formula One Common Stock | 12/15/2021 | M | 834,316 | A | $16.16 | 1,701,402 | D | |||
| Series C Liberty Formula One Common Stock | 12/15/2021 | F | 492,328 | D | $60 | 1,209,074 | D | |||
| Series C Liberty SiriusXM Common Stock | 12/15/2021 | M | 3,337,193 | A | $28.01 | 6,656,437 | D | |||
| Series C Liberty SiriusXM Common Stock | 12/15/2021 | F | 2,569,713 | D | $47.47 | 4,086,724 | D | |||
| Series C Liberty Braves Common Stock | 3,839(1) | I | By 401(k) Savings Plan | |||||||
| Series C Liberty Formula One Common Stock | 9,606(1) | I | By 401(k) Savings Plan | |||||||
| Series C Liberty SiriusXM Common Stock | 39,137(1) | I | By 401(k) Savings Plan | |||||||
| Series C Liberty SiriusXM Common Stock | 388,030 | I | Maven 2017 - 2 GRAT(2) | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Option (Right to Buy) - BATRK | $16.17 | 12/15/2021 | M | 333,910 | (3) | 12/24/2021 | Series C Liberty Braves Common Stock | 333,910 | $0.0000 | 0.0000 | D | ||||
| Stock Option (Right to Buy) - FWONK | $16.16 | 12/15/2021 | M | 834,316 | (3) | 12/24/2021 | Series C Liberty Formula One Common Stock | 834,316 | $0.0000 | 0.0000 | D | ||||
| Stock Option (Right to Buy) - LSXMK | $28.01 | 12/15/2021 | M | 3,337,193 | (3) | 12/24/2021 | Series C Liberty SiriusXM Common Stock | 3,337,193 | $0.0000 | 0.0000 | D | ||||
| Explanation of Responses: |
| 1. The number of shares reported as held in the reporting person's 401(k) is based on a statement from the Plan Administrator dated as of November 30, 2021. |
| 2. The reporting person is the sole trustee of the grantor retained annuity trust, for the benefit of himself, his spouse and his children. |
| 3. The derivative security is fully vested. |
| /s/ Brittany A. Uthoff as Attorney-in-Fact for Gregory B. Maffei | 12/17/2021 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||