Andrea L. Wong - 23 Aug 2024 Form 4 Insider Report for Liberty Media Corp (FWONA)

Role
Director
Signature
/s/ Katherine C. Jewell as Attorney-in-Fact for Andrea L. Wong
Issuer symbol
FWONA
Transactions as of
23 Aug 2024
Net transactions value
$0
Form type
4
Filing time
26 Aug 2024, 17:12:01 UTC
Previous filing
03 Jun 2024
Next filing
11 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSXMA Series C Liberty SiriusXM Common Stock Options Exercise $0 +1,596 +8% $0.000000 21,432 23 Aug 2024 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 Restricted Stock Units-LSXMK Options Exercise $0 -1,596 -100% $0.000000 0 23 Aug 2024 Series C Liberty SiriusXM Common Stock 1,596 Direct F2, F3
* 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 SiriusXM Common Stock ("LSXMK").
F2 Each restricted stock unit represents a contingent right to receive one share of LSXMK.
F3 As previously disclosed, the Issuer is proposing to separate its Liberty SiriusXM Group on September 9, 2024 by means of a redemptive split-off (the "Transaction") as further discussed in the Remarks section. In connection with the proposed Transaction, the vesting of the equity award reported herein was accelerated to August 23, 2024.

Remarks:

As previously disclosed, the Issuer is proposing to separate its Liberty SiriusXM Group on September 9, 2024 by means of a redemptive split-off (the "Transaction") as further discussed in the Remarks section. In connection with the proposed Transaction, the vesting of the equity award reported herein was accelerated to August 23, 2024.