John C. Malone - Jul 18, 2023 Form 4 Insider Report for Liberty Media Corp (LSXMA)

Role
Chairman of the Board, Director, 10%+ Owner
Signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for John C. Malone
Stock symbol
LSXMA
Transactions as of
Jul 18, 2023
Transactions value $
$0
Form type
4
Date filed
7/20/2023, 05:10 PM
Previous filing
May 17, 2023
Next filing
Jul 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSXMA Series A Liberty Braves Common Stock Other $0 -61.3K -100% $0.00* 0 Jul 18, 2023 Direct F1
transaction LSXMA Series B Liberty Braves Common Stock Other $0 -887K -100% $0.00* 0 Jul 18, 2023 Direct F1, F2
transaction LSXMA Series C Liberty Braves Common Stock Other $0 -2.58M -100% $0.00* 0 Jul 18, 2023 Direct F1
transaction LSXMA Series C Liberty Braves Common Stock Other $0 -137K -100% $0.00* 0 Jul 18, 2023 John C. Malone June 2003 Charitable Remainder Unitrust F1
transaction LSXMA Series A Liberty Braves Common Stock Other $0 -10.2K -100% $0.00* 0 Jul 18, 2023 Leslie A. Malone 1995 Revocable Trust F1, F3
transaction LSXMA Series B Liberty Braves Common Stock Other $0 -47.6K -100% $0.00* 0 Jul 18, 2023 Leslie A. Malone 1995 Revocable Trust F1, F3
transaction LSXMA Series C Liberty Braves Common Stock Other $0 -113K -100% $0.00* 0 Jul 18, 2023 Leslie A. Malone 1995 Revocable Trust F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 18, 2023, Liberty Media Corporation (the "Issuer") redeemed (the "Redemption") each share of its Liberty Braves common stock for shares of common stock of Atlanta Braves Holdings, Inc. ("Atlanta Braves Holdings"). In the Redemption, the Issuer redeemed (i) each outstanding share of its Series A Liberty Braves common stock for one share of Atlanta Braves Holdings' Series A common stock, (ii) each outstanding share of its Series B Liberty Braves common stock for one share of Atlanta Braves Holdings' Series B common stock and (iii) each outstanding share of its Series C Liberty Braves common stock for one share of Atlanta Braves Holdings' Series C common stock. Such transactions were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
F2 Each share of Series B Liberty Braves common stock is convertible, at the holder's election, into one share of Series A Liberty Braves common stock, at any time for no consideration other than the surrender of theshare of Series B Liberty Braves common stockfor each share of Series A Liberty Braves common stock.
F3 The reporting person disclaims beneficial ownership of these shares.