Key facts
- This page summarizes Gregory B. Maffei's Form 4 filing for Liberty Media Corp (FWONA).
- 14 reported transactions and 9 derivative rows are listed below.
- Accepted by SEC: 11 Sep 2024, 14:35.
Gregory B. Maffei - 09 Sep 2024 Form 4 Insider Report for Liberty Media Corp (FWONA)
- Reporting relationship
- President, CEO, Director
- Issuer ticker
- FWONA
- Reported as of
- 09 Sep 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 11 Sep 2024, 14:35:51 UTC
- Prior SEC filing
- 30 Aug 2024
- Next SEC filing
- 25 Nov 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 Liberty Media Corp (FWONA) on 11 Sep 2024.
Change
- Previous filing in this sequence was filed on 30 Aug 2024.
- Current net transaction value: $0.
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.
LSXMA
transaction
Series A Liberty SiriusXM Common Stock
Other
- Transaction value
- $0
- Shares
- -1,064,111
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Footnotes
- F1
LSXMA
transaction
Series B Liberty SiriusXM Common Stock
Other
- Transaction value
- $0
- Shares
- -36,690
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Footnotes
- F1
LSXMA
transaction
Series C Liberty SiriusXM Common Stock
Other
- Transaction value
- $0
- Shares
- -4,518,826
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Footnotes
- F1
LSXMA
transaction
Series A Liberty SiriusXM Common Stock
Other
- Transaction value
- $0
- Shares
- -442,769
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Maven 2017 - 2 GRAT
- Footnotes
- F1, F2
LSXMA
transaction
Series C Liberty SiriusXM Common Stock
Other
- Transaction value
- $0
- Shares
- -179,130
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Maven 2017 - 2 GRAT
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LSXMA
transaction
Derivative
Stock Option (Right to Buy) - LSXMK
Other
- Transaction value
- $0
- Shares
- -684,068
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Underlying class
- Series C Liberty SiriusXM Common Stock
- Underlying amount
- 684,068
- Exercise price
- $29.63
- Footnotes
- F3, F4
LSXMA
transaction
Derivative
Stock Option (Right to Buy) - LSXMK
Other
- Transaction value
- $0
- Shares
- -97,520
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Underlying class
- Series C Liberty SiriusXM Common Stock
- Underlying amount
- 97,520
- Exercise price
- $28.51
- Footnotes
- F3
LSXMA
transaction
Derivative
Stock Option (Right to Buy) - LSXMK
Other
- Transaction value
- $0
- Shares
- -381,945
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Underlying class
- Series C Liberty SiriusXM Common Stock
- Underlying amount
- 381,945
- Exercise price
- $21.94
- Footnotes
- F3
LSXMA
transaction
Derivative
Stock Option (Right to Buy) - LSXMK
Other
- Transaction value
- $0
- Shares
- -218,278
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Underlying class
- Series C Liberty SiriusXM Common Stock
- Underlying amount
- 218,278
- Exercise price
- $31.51
- Footnotes
- F3
LSXMA
transaction
Derivative
Stock Option (Right to Buy) - LSXMK
Other
- Transaction value
- $0
- Shares
- -650,781
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Underlying class
- Series C Liberty SiriusXM Common Stock
- Underlying amount
- 650,781
- Exercise price
- $29.89
- Footnotes
- F3
LSXMA
transaction
Derivative
Stock Option (Right to Buy) - LSXMK
Other
- Transaction value
- $0
- Shares
- -407,169
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Underlying class
- Series C Liberty SiriusXM Common Stock
- Underlying amount
- 407,169
- Exercise price
- $28.51
- Footnotes
- F3
LSXMA
transaction
Derivative
Stock Option (Right to Buy) - LSXMK
Other
- Transaction value
- $0
- Shares
- -398,666
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Underlying class
- Series C Liberty SiriusXM Common Stock
- Underlying amount
- 398,666
- Exercise price
- $28.04
- Footnotes
- F3
LSXMA
transaction
Derivative
Stock Option (Right to Buy) - LSXMK
Other
- Transaction value
- $0
- Shares
- -263,769
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Underlying class
- Series C Liberty SiriusXM Common Stock
- Underlying amount
- 263,769
- Exercise price
- $31.89
- Footnotes
- F3
LSXMA
transaction
Derivative
Stock Option (Right to Buy) - LSXMK
Other
- Transaction value
- $0
- Shares
- -953,043
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Sep 2024
- Ownership
- Direct
- Underlying class
- Series C Liberty SiriusXM Common Stock
- Underlying amount
- 953,043
- Exercise price
- $33.14
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote 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.
Footnote F2
The Reporting Person is the sole trustee of the grantor retained annuity trust, for the benefit of himself, his spouse and his children.
Footnote F3
As part of the Redemption, all stock options held by the Reporting Person in the Issuer's Liberty SiriusXM common stock (each, a "Liberty SiriusXM Option") were accelerated and 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.
Footnote F4
This Liberty SiriusXM Option is fully vested and exercisable immediately as described in note 3.
SEC remarks
The transactions, adjustments and accelerations 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.