Key facts
- This page summarizes Gregory B. Maffei's Form 4 filing for Atlanta Braves Holdings, Inc. (BATRA).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 30 Aug 2024, 16:30.
Gregory B. Maffei - 29 Aug 2024 Form 4 Insider Report for Atlanta Braves Holdings, Inc. (BATRA)
- Reporting relationship
- President, CEO, Director
- Issuer ticker
- BATRA
- Reported as of
- 29 Aug 2024
- Net transaction value
- -$674,148
- SEC form
- 4
- Accepted by SEC
- 30 Aug 2024, 16:30:59 UTC
- Prior SEC filing
- 28 Aug 2024
- Next SEC filing
- 11 Sep 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Katherine C. Jewell as Attorney-in-Fact for Gregory B. Maffei
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Gregory B. Maffei filed Form 4 for Atlanta Braves Holdings, Inc. (BATRA) on 30 Aug 2024.
Change
- Previous filing in this sequence was filed on 28 Aug 2024.
- Current net transaction value: -$674,148.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BATRK
transaction
Series C Common Stock
Award
- Transaction value
- $0
- Shares
- +35,044
- Change %
- +3.1%
- Price
- $0.000000
- Shares after
- 1,174,168
- Date
- 29 Aug 2024
- Ownership
- Direct
- Footnotes
- F1
BATRK
transaction
Series C Common Stock
Tax liability
- Transaction value
- $674,148
- Shares
- -15,332
- Change %
- -1.3%
- Price
- $43.97
- Shares after
- 1,158,836
- Date
- 29 Aug 2024
- Ownership
- Direct
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 1 footnote
Footnote F1
Represents shares underlying performance-based restricted stock units granted to the Reporting Person on March 11, 2024 that were subject to the satisfaction of performance criteria, the vesting of which was accelerated as explained in Remarks section below.
SEC remarks
On August 21, 2024, John C. Malone and certain affiliated trusts and entities entered into a Proxy and Voting Agreement with Terence F. McGuirk, Chairman of Braves Holdings, LLC and a director of the Issuer (the "Malone Voting Agreement"). On August 21, 2024, the Reporting Person notified the Issuer of his resignation as President, Chief Executive Officer, Chairman of the Board and a director of the Issuer effective August 31, 2024. The execution of the Malone Voting Agreement constitutes a Change in Control of the Issuer as defined in the Reporting Person's Executive Employment Agreement, dated effective as of December 13, 2019, by and between the Reporting Person and Liberty Media Corporation and the Reporting Person's separation from employment with the Issuer is for "Good Reason" within the meaning of the Reporting Person's Executive Employment Agreement. As a result, the vesting of the equity award reported herein was accelerated to August 29, 2024 and such performance-based restricted stock units were deemed satisfied at 100% of "target".