SEC Form 4 · accession 0001225208-16-043738
Old QVC Group, Inc. · QVCGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory B Maffei
Officer — President, CEO · Director
Period of report
Dec 23, 2016
Accepted (ET)
Dec 28, 2016 · 4:35 pm EST
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 Liberty Ventures Common StockF1 | Dec 23, 2016 | J | 19,708 | $37.78 | D | 654,646 | D | |
| Series A QVC Group Common StockF2 | Dec 23, 2016 | J | 135,643 | $20.24 | D | 3,697,939 | D | |
| Series B Liberty Ventures Common StockF3,F4,F5 | Dec 23, 2016 | J | 19,708 | $37.78 | A | 36,398 | D | |
| Series B QVC Group Common StockF6,F7 | Dec 23, 2016 | J | 135,643 | $20.24 | A | 291,176 | D | |
| Series A Liberty Ventures Common StockF8 | holding | — | — | — | 885 | I | By 401(k) Savings Plan | |
| Series A QVC Group Common StockF8 | holding | — | — | — | 7,081 | I | By 401(k) Savings Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price at which the reporting person sold the shares of Series A Liberty Ventures Common Stock ("LVNTA") has been determined in accordance with Rule 16b-6(c)(2) of the Securities Exchange Act of 1934, as amended, because the Series B Liberty Ventures Common Stock ("LVNTB") is a derivative security of LVNTA within the meaning of such rule. See Footnote 3.
- F2The price at which the reporting person sold the shares of Series A QVC Group Common Stock ("QVCA") has been determined in accordance with Rule 16b-6(c)(2) of the Securities Exchange Act of 1934, as amended, because the Series B QVC Group Common Stock ("QVCB") is a derivative security of QVCA within the meaning of such rule. See Footnote 6.
- F3Each share of LVNTB is convertible, at the holder's election, into one share of LVNTA, at any time for no consideration other than the surrender of the share of LVNTB for each share of LVNTA.
- F4The price at which the reporting person acquired the shares of LVNTB has been determined in accordance with Rule 16b-6(c)(2) of the Securities Exchange Act of 1934, as amended, because LVNTB is a derivative security of LVNTA within the meaning of such rule. See Footnote 3.
- F5These holdings were decreased by one share from the Form 4 filed by the reporting person on November 8, 2016, as a result of an accounting reconciliation.
- F6Each share of QVCB is convertible, at the holder's election, into one share of QVCA, at any time for no consideration other than the surrender of the share of QVCB for each share of QVCA.
- F7The price at which the reporting person acquired the shares of QVCB has been determined in accordance with Rule 16b-6(c)(2) of the Securities Exchange Act of 1934, as amended, because QVCB is a derivative security of QVCA within the meaning of such rule. See Footnote 6.
- F8The number of shares reported as held in the reporting person's 401(k) is based on a statement from the Plan Administrator dated as of November 30, 2016.