| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SCOR | Series B Convertible Preferred Stock | Disposed to Issuer | $1,581,779,172,500,000 | -27,509,203 | -100% | $57500000.00* | 0 | 16 May 2023 | Common Stock | 29,348,881 | By wholly-owned subsidiary | F1, F2 |
QVC Group, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Subject to certain anti-dilution adjustments and customary provisions related to partial dividend periods, the Series B Convertible Preferred Stock is convertible at the option of the holders at any time into a number of shares of Common Stock equal to the Conversion Rate (as defined in the Certificate of Designations for the Series B Convertible Preferred Stock), which was originally one-to-one, but was approximately 1.067 on the date hereof as a result of accrued but unpaid dividends. The Conversion Rate will continue to adjust to the extent there are accrued but unpaid dividends. Each holder of Series B Convertible Preferred Stock will receive cash in lieu of fractional shares (if any). The Series B Convertible Preferred Stock has no expiration date. |
| F2 | The shares of Series B Convertible Preferred Stock that were previously reported as directly held by the Reporting Person are now held indirectly through a wholly-owned subsidiary. |