Evan Daniel Malone - 18 Jul 2023 Form 4 Insider Report for Liberty Media Corp (FWONA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Jul 2023, 17:11:43 UTC
Prior SEC filing
05 Jun 2023
Next SEC filing
28 Jul 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for Evan Daniel Malone

Key filing fact

Evan Daniel Malone filed Form 4 for Liberty Media Corp (FWONA) on 20 Jul 2023.

Key facts

  • This page summarizes Evan Daniel Malone's Form 4 filing for Liberty Media Corp (FWONA).
  • 9 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 20 Jul 2023, 17:11.

Change

  • Previous filing in this sequence was filed on 05 Jun 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LSXMA transaction

Series A Liberty Braves Common Stock

Other

Transaction value
$0
Shares
-1,084
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Jul 2023
Ownership
Direct
Footnotes
F1
LSXMA transaction

Series C Liberty Braves Common Stock

Other

Transaction value
$0
Shares
-4,518
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Jul 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LSXMA transaction Derivative

Restricted Stock Units-BATRK

Other

Transaction value
Shares
-239
Change %
-100%
Price
Shares after
0
Date
18 Jul 2023
Ownership
Direct
Underlying class
Series C Liberty Braves Common Stock
Underlying amount
239
Exercise price
Footnotes
F2, F3
LSXMA transaction Derivative

Stock Option (Right to Buy) - BATRK

Other

Transaction value
Shares
-888
Change %
-100%
Price
Shares after
0
Date
18 Jul 2023
Ownership
Direct
Underlying class
Series C Liberty Braves Common Stock
Underlying amount
888
Exercise price
$25.46
Footnotes
F2
LSXMA transaction Derivative

Stock Option (Right to Buy) - BATRK

Other

Transaction value
Shares
-596
Change %
-100%
Price
Shares after
0
Date
18 Jul 2023
Ownership
Direct
Underlying class
Series C Liberty Braves Common Stock
Underlying amount
596
Exercise price
$27.89
Footnotes
F2
LSXMA transaction Derivative

Stock Option (Right to Buy) - BATRK

Other

Transaction value
Shares
-980
Change %
-100%
Price
Shares after
0
Date
18 Jul 2023
Ownership
Direct
Underlying class
Series C Liberty Braves Common Stock
Underlying amount
980
Exercise price
$28.72
Footnotes
F2
LSXMA transaction Derivative

Stock Option (Right to Buy) - BATRK

Other

Transaction value
Shares
-793
Change %
-100%
Price
Shares after
0
Date
18 Jul 2023
Ownership
Direct
Underlying class
Series C Liberty Braves Common Stock
Underlying amount
793
Exercise price
$26.36
Footnotes
F2
LSXMA transaction Derivative

Stock Option (Right to Buy) - BATRK

Other

Transaction value
Shares
-1,409
Change %
-100%
Price
Shares after
0
Date
18 Jul 2023
Ownership
Direct
Underlying class
Series C Liberty Braves Common Stock
Underlying amount
1,409
Exercise price
$20.13
Footnotes
F2
LSXMA transaction Derivative

Stock Option (Right to Buy) - BATRK

Other

Transaction value
Shares
-932
Change %
-100%
Price
Shares after
0
Date
18 Jul 2023
Ownership
Direct
Underlying class
Series C Liberty Braves Common Stock
Underlying amount
932
Exercise price
$22.56
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

In connection with the Redemption, all equity 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 equity awards were granted, such that each Braves Award was exchanged for an option to purchase, or 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.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of the Issuer's Series C Liberty Braves common stock.

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