| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LSXMA | Series A Liberty Braves Common Stock | Other | $0 | -329 | -100% | $0.00* | 0 | Jul 18, 2023 | Direct | F1 |
| transaction | LSXMA | Series C Liberty Braves Common Stock | Other | $0 | -1.36K | -100% | $0.00* | 0 | Jul 18, 2023 | Direct | F1 |
| transaction | LSXMA | Series A Liberty Braves Common Stock | Other | $0 | -2.16K | -100% | $0.00* | 0 | Jul 18, 2023 | By Hilltop Investments, LLC | F1 |
| transaction | LSXMA | Series C Liberty Braves Common Stock | Other | $0 | -7.57K | -100% | $0.00* | 0 | Jul 18, 2023 | By Hilltop Investments, LLC | F1 |
| transaction | LSXMA | Series A Liberty Braves Common Stock | Other | $0 | -44 | -100% | $0.00* | 0 | Jul 18, 2023 | Deborah Bennett Revocable Trust | F1 |
| transaction | LSXMA | Series C Liberty Braves Common Stock | Other | $0 | -88 | -100% | $0.00* | 0 | Jul 18, 2023 | Deborah Bennett Revocable Trust | F1 |
| transaction | LSXMA | Series A Liberty Braves Common Stock | Other | $0 | -73.5K | -100% | $0.00* | 0 | Jul 18, 2023 | Hilltop Investments III, LLC | F1 |
| transaction | LSXMA | Series C Liberty Braves Common Stock | Other | $0 | -260K | -100% | $0.00* | 0 | Jul 18, 2023 | Hilltop Investments III, LLC | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LSXMA | Restricted Stock Units-BATRK | Other | -239 | -100% | 0 | Jul 18, 2023 | Series C Liberty Braves Common Stock | 239 | Direct | F2, F3, F4 |
| 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 | In connection with the Redemption, all restricted stock units held by the reporting person with respect to the Issuer's Liberty Braves common stock (each, a "Braves Award") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the restricted stock units were granted, such that each Braves Award was exchanged for a restricted stock unit with respect to an equivalent number of shares of the corresponding series of Atlanta Braves Holdings' common stock. These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. |
| F3 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's Series C Liberty Braves common stock. |
| F4 | In connection with the Redemption, all restricted stock units awards held by the reporting person with respect to Issuer's Liberty Braves common stock (each, a "Braves Award") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the restricted stock units were granted, such that each Braves Award was exchanged for a restricted stock unit with respect to an equivalent number of shares of the corresponding series of Atlanta Braves Holdings' common stock. These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. |