Brian J. Wendling - 14 Dec 2023 Form 4 Insider Report for Liberty Media Corp (FWONA)

Role
CAO/PFO
Signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for Brian J. Wendling
Issuer symbol
FWONA
Transactions as of
14 Dec 2023
Net transactions value
-$37,460
Form type
4
Filing time
18 Dec 2023, 17:00:51 UTC
Previous filing
14 Dec 2023
Next filing
07 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSXMA Series C Liberty Formula One Common Stock Options Exercise $0 +1,428 $0.000000 1,428 14 Dec 2023 Direct F1
transaction LSXMA Series C Liberty Formula One Common Stock Tax liability $25,893 -411 -29% $63.00 1,017 14 Dec 2023 Direct
transaction LSXMA Series C Liberty Live Common Stock Options Exercise $0 +1,177 +9.8% $0.000000 13,210 14 Dec 2023 Direct F2
transaction LSXMA Series C Liberty Live Common Stock Tax liability $11,567 -339 -2.6% $34.12 12,871 14 Dec 2023 Direct

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 Restricted Stock Units - LLYVK Options Exercise $0 -1,177 -33% $0.000000 2,392 14 Dec 2023 Series C Liberty Live Common Stock 1,177 Direct F3, F4
transaction LSXMA Restricted Stock Units-FWONK Options Exercise $0 -1,428 -33% $0.000000 2,900 14 Dec 2023 Series C Liberty Formula One Common Stock 1,428 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit converted into one share of Series C Liberty Formula One Common Stock.
F2 Each restricted stock unit converted into one share of Series C Liberty Live Common Stock.
F3 Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Live Common Stock.
F4 This restricted stock unit award vested 33% on December 14, 2023 and will vest 33% on December 9, 2024, and 34% on December 9, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
F5 Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Formula One Common Stock.