| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | QRTEA | Dividend Equivalent Rights - QRTEA | Award | $0 | +69 | +1.41% | $0.00 | 4.95K | Dec 15, 2021 | Series A Common Stock | 69 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | On November 4, 2021, the Issuer announced that its board of directors declared a quarterly cash dividend in the amount of $2.00 per share on each outstanding share of its 8.0% Series A Cumulative Redeemable Preferred Stock ("Preferred Stock") payable on December 15, 2021 to all holders of record as of the close of business on November 30, 2021 (the "Dividend"). The dividend equivalent rights accrued on restricted stock units with respect to the Issuer's Preferred Stock ("Original RSUs") held by the reporting person as a result of the Dividend and are subject to the same terms and conditions (including vesting and expiration) as the Original RSUs to which they relate. Each dividend equivalent right entitles the reporting person to received one share of the Issuer's Series A common stock. The grant of dividend equivalent rights was approved by the Issuer's board of directors pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended. |
| F2 | Each dividend equivalent right vests upon the reporting person's termination of service to the Issuer's board of directors. |
| F3 | Each dividend equivalent right expires upon the reporting person's termination of service to the Issuer's board of directors. |