Brian J. Wendling - 27 Mar 2023 Form 4 Insider Report for Liberty Media Corp (FWONA)

Role
CAO/PFO
Signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for Brian J. Wendling
Issuer symbol
FWONA
Transactions as of
27 Mar 2023
Net transactions value
-$843,761
Form type
4
Filing time
29 Mar 2023, 16:29:00 UTC
Previous filing
23 Mar 2023
Next filing
26 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSXMA Series C Liberty Formula One Common Stock Options Exercise $321,715 +7,480 +92% $43.01 15,617 27 Mar 2023 Direct
transaction LSXMA Series C Liberty Formula One Common Stock Sale $167,774 -2,252 -14% $74.50 13,365 27 Mar 2023 Direct
transaction LSXMA Series C Liberty Formula One Common Stock Sale $372,600 -5,000 -37% $74.52 8,365 27 Mar 2023 Direct F1
transaction LSXMA Series C Liberty Formula One Common Stock Tax liability $389,486 -5,228 -62% $74.50 3,137 27 Mar 2023 Direct
transaction LSXMA Series C Liberty Formula One Common Stock Sale $235,616 -3,137 -100% $75.11 0 29 Mar 2023 Direct F2

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) - FWONK Options Exercise $0 -7,480 -34% $0.000000 14,480 27 Mar 2023 Series C Liberty Formula One Common Stock 7,480 $43.01 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price is a weighted average price. These shares were sold in multiple transactions ranging from $74.450 to $74.630, 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.
F2 The price is a weighted average price. These shares were sold in multiple transactions ranging from $75.100 to $75.185, 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 derivative security vested 50% on December 10, 2022, and will vest 50% on December 10, 2023.