R. Ted Weschler - 01 Nov 2021 Form 4 Insider Report for Liberty Media Corp (FWONA)

Signature
/s/ R. Ted Weschler
Issuer symbol
FWONA
Transactions as of
01 Nov 2021
Net transactions value
+$267,449,418
Form type
4
Filing time
03 Nov 2021, 20:45:24 UTC
Next filing
19 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSXMA Series A Liberty SiriusXM Common Stock Purchase $267,449,418 +5,347,320 +36% $50.02 20,207,680 01 Nov 2021 See footnote 1 F1, F5
holding LSXMA Series A Liberty SiriusXM Common Stock 271,034 01 Nov 2021 Direct
holding LSXMA Series A Liberty SiriusXM Common Stock 14,800 01 Nov 2021 See footnotes 2, 3 and 4 F2, F3, F4
holding LSXMA Series A Liberty SiriusXM Common Stock 8,277 01 Nov 2021 See footnotes 3, 4 and 5 F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired by certain subsidiaries and subsidiary benefit plans of Berkshire Hathaway Inc. ("Berkshire"). As a result of an agreement entered into on May 24, 2013 between Berkshire and the reporting person with respect to the reporting person's holdings of, and future transactions in, shares of Series A Liberty SiriusXM Common Stock ("Shares"), Berkshire and the reporting person have agreed to file as a "group" under Section 13 of the Exchange Act. The reporting person disclaims beneficial ownership of Shares owned by Berkshire, Berkshire's subsidiaries and its subsidiary pension plans. This report shall not be deemed an admission that the reporting person is the beneficial owner of any Shares that are not directly owned by the reporting person for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
F2 These Shares are owned by a daughter of the reporting person.
F3 The reporting person has or shares trading authority over these Shares.
F4 The reporting person may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, these Shares. The reporting person disclaims beneficial ownership of these Shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these Shares for purposes of Section 16 of the Exchange Act, or for any other purpose.
F5 These Shares are owned by the Rita E. and Frank J. Weschler Educational Trust, of which the reporting person's daughters are beneficiaries.