Gregory B. Maffei - Aug 3, 2023 Form 4 Insider Report for Liberty Media Corp (LSXMA)

Signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for Gregory B. Maffei
Stock symbol
LSXMA
Transactions as of
Aug 3, 2023
Transactions value $
$0
Form type
4
Date filed
8/16/2023, 05:50 PM
Previous filing
Jul 28, 2023
Next filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSXMA Series A Liberty Formula One Common Stock Other $0 +387K $0.00 387K Aug 3, 2023 Direct F1
transaction LSXMA Series A Liberty Formula One Common Stock Other $0 -387K -100% $0.00* 0 Aug 3, 2023 Direct F1
transaction LSXMA Series A Liberty Live Common Stock Other $0 +283K $0.00 283K Aug 3, 2023 Direct F1
transaction LSXMA Series A Liberty SiriusXM Common Stock Other $0 +1.06M $0.00 1.06M Aug 3, 2023 Direct F1
transaction LSXMA Series A Liberty SiriusXM Common Stock Other $0 -1.06M -100% $0.00* 0 Aug 3, 2023 Direct F1, F2
transaction LSXMA Series B Liberty Formula One Common Stock Other $0 +9.17K $0.00 9.17K Aug 3, 2023 Direct F1, F3
transaction LSXMA Series B Liberty Formula One Common Stock Other $0 -9.17K -100% $0.00* 0 Aug 3, 2023 Direct F1, F3
transaction LSXMA Series B Liberty Live Common Stock Other $0 +9.56K $0.00 9.56K Aug 3, 2023 Direct F1, F4
transaction LSXMA Series B Liberty SiriusXM Common Stock Other $0 +36.7K $0.00 36.7K Aug 3, 2023 Direct F1, F5
transaction LSXMA Series B Liberty SiriusXM Common Stock Other $0 -36.7K -100% $0.00* 0 Aug 3, 2023 Direct F1, F5
transaction LSXMA Series C Liberty Formula One Common Stock Other $0 +937K $0.00 937K Aug 3, 2023 Direct F1
transaction LSXMA Series C Liberty Formula One Common Stock Other $0 -937K -100% $0.00* 0 Aug 3, 2023 Direct F1
transaction LSXMA Series C Liberty Live Common Stock Other $0 +1.09M $0.00 1.09M Aug 3, 2023 Direct F1
transaction LSXMA Series C Liberty SiriusXM Common Stock Other $0 +4.2M $0.00 4.2M Aug 3, 2023 Direct F1
transaction LSXMA Series C Liberty SiriusXM Common Stock Other $0 -4.2M -100% $0.00* 0 Aug 3, 2023 Direct F1
transaction LSXMA Series A Liberty Live Common Stock Other $0 +111K $0.00 111K Aug 3, 2023 Maven 2017 - 2 GRAT F1
transaction LSXMA Series A Liberty SiriusXM Common Stock Other $0 +443K $0.00 443K Aug 3, 2023 Maven 2017 - 2 GRAT F1
transaction LSXMA Series A Liberty SiriusXM Common Stock Other $0 -443K -100% $0.00* 0 Aug 3, 2023 Maven 2017 - 2 GRAT F1, F2
transaction LSXMA Series C Liberty Live Common Stock Other $0 +97K $0.00 97K Aug 3, 2023 Maven 2017 - 2 GRAT F1
transaction LSXMA Series C Liberty SiriusXM Common Stock Other $0 +388K $0.00 388K Aug 3, 2023 Maven 2017 - 2 GRAT F1
transaction LSXMA Series C Liberty SiriusXM Common Stock Other $0 -388K -100% $0.00* 0 Aug 3, 2023 Maven 2017 - 2 GRAT F1
transaction LSXMA Series A Liberty Formula One Common Stock Other $0 +170 $0.00 170 Aug 3, 2023 Sheila Q Maffei 2010 Trust F1, F6
transaction LSXMA Series A Liberty Formula One Common Stock Other $0 -170 -100% $0.00* 0 Aug 3, 2023 Sheila Q Maffei 2010 Trust F1, F6
transaction LSXMA Series A Liberty Live Common Stock Other $0 +72 $0.00 72 Aug 3, 2023 Sheila Q Maffei 2010 Trust F1, F6
transaction LSXMA Series A Liberty SiriusXM Common Stock Other $0 +260 $0.00 260 Aug 3, 2023 Sheila Q Maffei 2010 Trust F1, F6
transaction LSXMA Series A Liberty SiriusXM Common Stock Other $0 -260 -100% $0.00* 0 Aug 3, 2023 Sheila Q Maffei 2010 Trust F1, F6
transaction LSXMA Series C Liberty Formula One Common Stock Other $0 +170 $0.00 170 Aug 3, 2023 Sheila Q Maffei 2010 Trust F1, F6
transaction LSXMA Series C Liberty Formula One Common Stock Other $0 -170 -100% $0.00* 0 Aug 3, 2023 Sheila Q Maffei 2010 Trust F1, F6
transaction LSXMA Series C Liberty Live Common Stock Other $0 +197 $0.00 197 Aug 3, 2023 Sheila Q Maffei 2010 Trust F1, F6
transaction LSXMA Series C Liberty SiriusXM Common Stock Other $0 +761 $0.00 761 Aug 3, 2023 Sheila Q Maffei 2010 Trust F1, F6

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 Other $0 +20.8K $0.00 20.8K Aug 8, 2023 Series C Liberty Formula One Common Stock 20.8K $33.22 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -21.4K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 21.4K $32.97 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +182K $0.00 182K Aug 8, 2023 Series C Liberty Formula One Common Stock 182K $56.44 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -187K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 187K $56.01 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +172K $0.00 172K Aug 8, 2023 Series C Liberty Formula One Common Stock 172K $33.20 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -176K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 176K $32.95 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +139K $0.00 139K Aug 8, 2023 Series C Liberty Formula One Common Stock 139K $31.31 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -143K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 143K $31.07 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +206K $0.00 206K Aug 8, 2023 Series C Liberty Formula One Common Stock 206K $33.22 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -211K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 211K $32.97 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +247K $0.00 247K Aug 8, 2023 Series C Liberty Formula One Common Stock 247K $28.00 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -254K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 254K $27.79 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +590K $0.00 590K Aug 8, 2023 Series C Liberty Formula One Common Stock 590K $42.92 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -606K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 606K $42.59 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +546K $0.00 546K Aug 8, 2023 Series C Liberty Formula One Common Stock 546K $42.10 Direct F7
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -561K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 561K $41.78 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +24.4K $0.00 24.4K Aug 8, 2023 Series C Liberty Live Common Stock 24.4K $43.61 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +892 $0.00 892 Aug 8, 2023 Series C Liberty Live Common Stock 892 $15.81 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +5.77K $0.00 5.77K Aug 8, 2023 Series C Liberty Live Common Stock 5.77K $39.57 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +95.4K $0.00 95.4K Aug 8, 2023 Series C Liberty Live Common Stock 95.4K $33.56 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +7.78K $0.00 7.78K Aug 8, 2023 Series C Liberty Live Common Stock 7.78K $26.85 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +7.35K $0.00 7.35K Aug 8, 2023 Series C Liberty Live Common Stock 7.35K $15.80 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +231K $0.00 231K Aug 8, 2023 Series C Liberty Live Common Stock 231K $39.57 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +5.94K $0.00 5.94K Aug 8, 2023 Series C Liberty Live Common Stock 5.94K $14.89 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +102K $0.00 102K Aug 8, 2023 Series C Liberty Live Common Stock 102K $43.61 Direct
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +8.8K $0.00 8.8K Aug 8, 2023 Series C Liberty Live Common Stock 8.8K $15.81 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +99.6K $0.00 99.6K Aug 8, 2023 Series C Liberty Live Common Stock 99.6K $42.90 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +10.6K $0.00 10.6K Aug 8, 2023 Series C Liberty Live Common Stock 10.6K $13.32 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +25.3K $0.00 25.3K Aug 8, 2023 Series C Liberty Live Common Stock 25.3K $20.42 Direct F7
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +23.4K $0.00 23.4K Aug 8, 2023 Series C Liberty Live Common Stock 23.4K $20.03 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 3, 2023, the Issuer effected a reclassification and exchange (the "Reclassification and Exchange"), pursuant to which: (i) each outstanding share of Liberty SiriusXM Common Stock was reclassified into and exchanged for one share of the corresponding series of new Liberty SiriusXM Common Stock and 0.2500 of a share of the corresponding series of new Liberty Live Common Stock, and (ii) each outstanding share of Liberty Formula One Common Stock was reclassified into and exchanged for one share of the corresponding series of new Liberty Formula One Common Stock and 0.0428 of a share of the corresponding series of new Liberty Live Common Stock. The Reclassification and Exchange was exempt pursuant to Rule 16b-7 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and such transactions were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Exchange Act ("Rule 16b-3").
F2 On January 10, 2020, January 22, 2020, January 14, 2021 January 11, 2022, and January 9, 2023, the reporting person received a distribution of 64,000 shares, 100 shares, 93,000 shares, 91,200 and 133,000 shares of Series A Liberty SiriusXM Common Stock, respectively, from a grantor retained annuity trust, of which the reporting person is the sole trustee, for the benefit of himself, his spouse and his children to his direct holdings.
F3 Each share of Series B Liberty Formula One Common Stock is convertible, at the holder's election, into one share of Series A Liberty Formula One Common Stock, at any time for no consideration other than the surrender of the share of Series B Liberty Formula One Common Stock for each share of Series A Liberty Formula One SiriusXM Common Stock.
F4 Each share of Series B Liberty Live Common Stock is convertible, at the holder's election, into one share of Series A Liberty Live Common Stock, at any time for no consideration other than the surrender of the share of Series B Liberty Live Common Stock for each share of Series A Liberty Live Common Stock.
F5 Each share of Series B Liberty SiriusXM Common Stock is convertible, at the holder's election, into one share of Series A Liberty SiriusXM Common Stock, at any time for no consideration other than the surrender of the share of Series B Liberty SiriusXM Common Stock for each share of Series A Liberty SiriusXM Common Stock.
F6 The Reporting Person is the successor trustee of the Sheila Q Maffei 2010 Trust and The Ralph Maffei 2010 Trust, which trusts are for the benefit of the estates of Ms. Sheila Maffei and Mr. Ralph Maffei, respectively. The reporting person disclaims any pecuniary interest in the shares held by the Sheila Q Maffei 2010 Trust and The Ralph Maffei 2010 Trust.
F7 In connection with the Reclassification and Exchange, each outstanding option award held by the reporting person with respect to the Issuer's Liberty SiriusXM Common Stock and/or with respect to the Issuer's Liberty Formula One Common Stock (together, the "original awards") was reclassified into and exchanged for a new option award with respect to shares of the corresponding series of new Liberty SiriusXM Common Stock or new Liberty Formula One Common Stock, as applicable (together, the "new awards"), and a new Liberty Live option award to purchase shares of the corresponding series of Liberty Live Common Stock. See remarks section for additional information regarding the new awards.

Remarks:

The number of shares and the exercise price of each new award were determined on August 8, 2023, and such adjustments were designed to preserve the value associated with the original awards prior to the Reclassification and Exchange. Otherwise such new award remains subject to the terms and conditions of the corresponding original award. Such adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3. Multiple Forms Filed,Multiple Forms Submitted