Larry E. Romrell - Aug 3, 2023 Form 4 Insider Report for Liberty Media Corp (LSXMA)

Role
Director
Signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for Larry E. Romrell
Stock symbol
LSXMA
Transactions as of
Aug 3, 2023
Transactions value $
$0
Form type
4
Date filed
8/16/2023, 05:52 PM
Previous filing
Jul 28, 2023
Next filing
Aug 16, 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 +5K $0.00 5K Aug 3, 2023 Direct F1
transaction LSXMA Series A Liberty Formula One Common Stock Other $0 -5K -100% $0.00* 0 Aug 3, 2023 Direct F1
transaction LSXMA Series A Liberty Live Common Stock Other $0 +5.16K $0.00 5.16K Aug 3, 2023 Direct F1
transaction LSXMA Series A Liberty SiriusXM Common Stock Other $0 +19.8K $0.00 19.8K Aug 3, 2023 Direct F1
transaction LSXMA Series A Liberty SiriusXM Common Stock Other $0 -19.8K -100% $0.00* 0 Aug 3, 2023 Direct F1
transaction LSXMA Series B Liberty Formula One Common Stock Other $0 +54 $0.00 54 Aug 3, 2023 Direct F1, F2
transaction LSXMA Series B Liberty Formula One Common Stock Other $0 -54 -100% $0.00* 0 Aug 3, 2023 Direct F1, F2
transaction LSXMA Series B Liberty Live Common Stock Other $0 +56 $0.00 56 Aug 3, 2023 Direct F1, F3
transaction LSXMA Series B Liberty SiriusXM Common Stock Other $0 +218 $0.00 218 Aug 3, 2023 Direct F1, F4
transaction LSXMA Series B Liberty SiriusXM Common Stock Other $0 -218 -100% $0.00* 0 Aug 3, 2023 Direct F1, F4
transaction LSXMA Series C Liberty Formula One Common Stock Other $0 +12.6K $0.00 12.6K Aug 3, 2023 Direct F1
transaction LSXMA Series C Liberty Formula One Common Stock Other $0 -12.6K -100% $0.00* 0 Aug 3, 2023 Direct F1
transaction LSXMA Series C Liberty Live Common Stock Other $0 +9.91K $0.00 9.91K Aug 3, 2023 Direct F1
transaction LSXMA Series C Liberty SiriusXM Common Stock Other $0 +37.5K $0.00 37.5K Aug 3, 2023 Direct F1
transaction LSXMA Series C Liberty SiriusXM Common Stock Other $0 -37.5K -100% $0.00* 0 Aug 3, 2023 Direct F1

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 +3.89K $0.00 3.89K Aug 8, 2023 Series C Liberty Formula One Common Stock 3.89K $29.92 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -3.99K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 3.99K $29.69 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +2.43K $0.00 2.43K Aug 8, 2023 Series C Liberty Formula One Common Stock 2.43K $60.73 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -2.49K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 2.49K $60.27 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +2.56K $0.00 2.56K Aug 8, 2023 Series C Liberty Formula One Common Stock 2.56K $58.69 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -2.63K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 2.63K $58.25 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +3.82K $0.00 3.82K Aug 8, 2023 Series C Liberty Formula One Common Stock 3.82K $43.84 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -3.93K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 3.93K $43.51 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +3.38K $0.00 3.38K Aug 8, 2023 Series C Liberty Formula One Common Stock 3.38K $42.10 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -3.47K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 3.47K $41.78 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +2.63K $0.00 2.63K Aug 8, 2023 Series C Liberty Formula One Common Stock 2.63K $29.85 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -2.7K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 2.7K $29.62 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 +4.1K $0.00 4.1K Aug 8, 2023 Series C Liberty Formula One Common Stock 4.1K $34.99 Direct F5
transaction LSXMA Stock Option (Right to Buy) - FWONK Other $0 -4.22K -100% $0.00* 0 Aug 8, 2023 Series C Liberty Formula One Common Stock 4.22K $34.72 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +1.55K $0.00 1.55K Aug 8, 2023 Series C Liberty Live Common Stock 1.55K $42.26 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +166 $0.00 166 Aug 8, 2023 Series C Liberty Live Common Stock 166 $14.23 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +1.09K $0.00 1.09K Aug 8, 2023 Series C Liberty Live Common Stock 1.09K $53.46 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +103 $0.00 103 Aug 8, 2023 Series C Liberty Live Common Stock 103 $28.89 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +1.16K $0.00 1.16K Aug 8, 2023 Series C Liberty Live Common Stock 1.16K $44.85 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +109 $0.00 109 Aug 8, 2023 Series C Liberty Live Common Stock 109 $27.92 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +1.56K $0.00 1.56K Aug 8, 2023 Series C Liberty Live Common Stock 1.56K $50.88 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +163 $0.00 163 Aug 8, 2023 Series C Liberty Live Common Stock 163 $20.86 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +1.44K $0.00 1.44K Aug 8, 2023 Series C Liberty Live Common Stock 1.44K $45.33 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +144 $0.00 144 Aug 8, 2023 Series C Liberty Live Common Stock 144 $20.03 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +2.82K $0.00 2.82K Aug 8, 2023 Series C Liberty Live Common Stock 2.82K $36.68 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +112 $0.00 112 Aug 8, 2023 Series C Liberty Live Common Stock 112 $14.20 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +1.6K $0.00 1.6K Aug 8, 2023 Series C Liberty Live Common Stock 1.6K $45.86 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LLYVK Other $0 +175 $0.00 175 Aug 8, 2023 Series C Liberty Live Common Stock 175 $16.64 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LSXMK Other $0 +6.2K $0.00 6.2K Aug 8, 2023 Series C Liberty SiriusXM Common Stock 6.2K $27.63 Direct F5
transaction LSXMA Stock Option (Right to Buy) - LSXMK Other $0 +11.3K $0.00 11.3K Aug 8, 2023 Series C Liberty SiriusXM Common Stock 11.3K $23.98 Direct F5
* 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 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 Common Stock.
F3 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.
F4 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.
F5 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