| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LSXMA | Series A Liberty SiriusXM Common Stock | Other | $0 | -10K | -100% | $0.00 | 0 | Sep 9, 2024 | Direct | F1 |
| transaction | LSXMA | Series C Liberty SiriusXM Common Stock | Other | $0 | -17.8K | -100% | $0.00 | 0 | Sep 9, 2024 | Direct | F1 |
| 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) - LSXMK | Other | $0 | -6.2K | -100% | $0.00 | 0 | Sep 9, 2024 | Series C Liberty SiriusXM Common Stock | 6.2K | $27.63 | Direct | F2 |
| transaction | LSXMA | Stock Option (Right to Buy) - LSXMK | Other | $0 | -2.17K | -100% | $0.00 | 0 | Sep 9, 2024 | Series C Liberty SiriusXM Common Stock | 2.17K | $34.95 | Direct | F2 |
| transaction | LSXMA | Stock Option (Right to Buy) - LSXMK | Other | $0 | -2.33K | -100% | $0.00 | 0 | Sep 9, 2024 | Series C Liberty SiriusXM Common Stock | 2.33K | $29.32 | Direct | F2 |
| transaction | LSXMA | Stock Option (Right to Buy) - LSXMK | Other | $0 | -3.13K | -100% | $0.00 | 0 | Sep 9, 2024 | Series C Liberty SiriusXM Common Stock | 3.13K | $33.26 | Direct | F2 |
| transaction | LSXMA | Stock Option (Right to Buy) - LSXMK | Other | $0 | -2.87K | -100% | $0.00 | 0 | Sep 9, 2024 | Series C Liberty SiriusXM Common Stock | 2.87K | $29.63 | Direct | F2 |
| transaction | LSXMA | Stock Option (Right to Buy) - LSXMK | Other | $0 | -3.21K | -100% | $0.00 | 0 | Sep 9, 2024 | Series C Liberty SiriusXM Common Stock | 3.21K | $29.98 | Direct | F2 |
| Id | Content |
|---|---|
| F1 | On September 9, 2024, Liberty Media Corporation (the "Issuer") redeemed (the "Redemption") each share of its Series A Liberty SiriusXM common stock, Series B Liberty SiriusXM common stock and Series C Liberty SiriusXM common stock for 0.8375 of a share of common stock of Sirius XM Holdings Inc. (formerly known as Liberty Sirius XM Holdings Inc., "Sirius XM Holdings") (such exchange ratio, the "Exchange Ratio"), with cash (without interest) paid in lieu of any fractional shares of common stock of Sirius XM Holdings, after aggregating all shares of common stock of Sirius XM Holdings issuable by series of Liberty SiriusXM common stock. |
| F2 | In connection with the Redemption, all stock options held by the Reporting Person in the Issuer's Liberty SiriusXM common stock (each, a "Liberty SiriusXM Option") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the Liberty SiriusXM Options were granted, such that each Liberty SiriusXM Option was exchanged for an option to purchase the relevant number of shares of common stock of Sirius XM Holdings equal to the product of (i) the Exchange Ratio multiplied by (ii) the number of shares of Liberty SiriusXM common stock subject to the Liberty SiriusXM Option immediately prior to the effective time of the Redemption, rounded down to the nearest whole share, and the per share exercise price for such options equal to the quotient of (x) the exercise price per share of the Liberty SiriusXM Option immediately prior to the effective time of the Redemption divided by (y) the Exchange Ratio, with the result rounded up to the nearest whole cent. |
The transactions and adjustments described above were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.