Key facts
- This page summarizes John C. Malone's Form 4 filing for Qurate Retail, Inc. (QVCGA).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 22 Dec 2023, 16:28.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Other
No transaction description listed
No transaction description listed
No transaction description listed
Additional SEC filing notes
Footnote F1
On December 20, 2023, the Reporting Person withdrew 722,367 shares of the Issuer's 8.0% Series A Cumulative Redeemable Preferred Stock (the "Preferred Shares") from the Malone December 2022 QRTEP grantor retained annuity trust that was established for his benefit in exchange for a promissory note. This resulted in a decrease in the number of Preferred Shares the Reporting Person beneficially owned indirectly through the trust to zero and a corresponding increase in the number of Preferred Shares the Reporting Person beneficially owns directly. The Reporting Person believes that his withdrawal of the Preferred Shares from the trust constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.
Footnote F2
The Reporting Person disclaims beneficial ownership of these shares held by the Leslie A. Malone 1995 Revocable Trust.
Footnote F3
Includes 110,300 QRTEP shares held by a grantor trust of which Mrs. Malone is the grantor and Mr. Malone is the sole trustee. Mrs. Malone retains a power of substitution and Mr. Malone has a power of appointment over the assets in the trust.