SEC Form 4 · accession 0001225208-16-031329
Old QVC Group, Inc. · QVCGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark C Vadon
Director
Period of report
Apr 7, 2016
Accepted (ET)
Apr 11, 2016 · 6:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001355096
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series A QVC Group Common StockF2,F3 | Apr 7, 2016 | S | 125,000 | $25.5346 | D | 6,915,442 | I | Lake Tana LLC |
| Series A QVC Group Common StockF4,F3 | Apr 8, 2016 | S | 234,784 | $25.8878 | D | 6,680,658 | I | Lake Tana LLC |
| Series A QVC Group Common Stock | holding | — | — | — | 3,331,374 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Open market sale pursuant to a 10b5-1 trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2The price is a weighted average price. These shares were sold in multiple transactions ranging from $25.50 to $25.74, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F3The reporting person is the manager of Lake Tana LLC and has sole voting and investment power with respect to the shares held by Lake Tana LLC.
- F4The price is a weighted average price. These shares were sold in multiple transactions ranging from $25.67 to $26.12, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.