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

Role
Director
Signature
/s/ Katherine C. Jewell as Attorney-in-Fact for Andrea L. Wong
Stock symbol
LSXMA
Transactions as of
Aug 23, 2024
Transactions value $
$0
Form type
4
Date filed
8/26/2024, 05:12 PM
Previous filing
Jun 3, 2024
Next filing
Sep 11, 2024

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 +1.6K +8.05% $0.00 21.4K Aug 23, 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 -1.6K -100% $0.00 0 Aug 23, 2024 Series C Liberty SiriusXM Common Stock 1.6K 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.