Gregory B. Maffei - Mar 14, 2023 Form 4 Insider Report for Liberty Media Corp (LSXMA)

Role
President, CEO, Director
Signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for Gregory B. Maffei
Stock symbol
LSXMA
Transactions as of
Mar 14, 2023
Transactions value $
-$853,027
Form type
4
Date filed
3/16/2023, 04:50 PM
Previous filing
Mar 13, 2023
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSXMA Series C Liberty Braves Common Stock Options Exercise $109K +6.26K +0.61% $17.47 1.04M Mar 14, 2023 Direct
transaction LSXMA Series C Liberty Braves Common Stock Tax liability -$148K -4.68K -0.45% $31.67 1.03M Mar 14, 2023 Direct F1
transaction LSXMA Series C Liberty Formula One Common Stock Options Exercise $273K +15.6K +1.67% $17.46 952K Mar 14, 2023 Direct
transaction LSXMA Series C Liberty Formula One Common Stock Sale -$458K -6.58K -0.69% $69.52 946K Mar 14, 2023 Direct F2
transaction LSXMA Series C Liberty Formula One Common Stock Tax liability -$629K -9.05K -0.96% $69.56 937K Mar 14, 2023 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LSXMA Stock Option (Right to Buy) - BATRK Options Exercise $0 -6.26K -100% $0.00* 0 Mar 14, 2023 Series C Liberty Braves Common Stock 6.26K $17.47 Direct F4
transaction LSXMA Stock Option (Right to Buy) - FWONK Options Exercise $0 -15.6K -100% $0.00* 0 Mar 14, 2023 Series C Liberty Formula One Common Stock 15.6K $17.46 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer has eliminated Series C Liberty Braves Common Stock as an investment alternative available under the Issuer's 401(k) plan (the "Plan"). Subsequently, in March 2023, the 3,880 shares of Series C Liberty Braves Common Stock the reporting person beneficially owned under the Plan were liquidated.
F2 The price is a weighted average price. These shares were sold in multiple transactions ranging from $69.5205 to $69.5450, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F3 The Issuer has eliminated Series C Liberty Formula One Common Stock as an investment alternative available under the Plan. Subsequently, in March 2023, the 9,670 shares of Series C Liberty Formula One Common Stock the reporting person beneficially owned under the Plan were liquidated.
F4 The derivative security is fully vested.