SEC Form 4 · accession 0001225208-17-014048
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
Aug 11, 2017
Accepted (ET)
Aug 15, 2017 · 5:58 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 StockF1,F2,F3 | Aug 11, 2017 | S | 516,022 | $22.5784 | D | 2,470,928 | I | Lake Tana LLC |
| Series A QVC Group Common StockF4,F3 | Aug 14, 2017 | S | 280,671 | $22.8282 | D | 2,190,257 | I | Lake Tana LLC |
| Series A QVC Group Common StockF5 | holding | — | — | — | 2,030,300 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price is a weighted average price. These shares were sold in multiple transactions ranging from $22.30 to $22.73, 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.
- F2Includes 525,000 shares previously held directly by the reporting person that were transferred to Lake Tana LLC pursuant to a Stock Exchange Agreement effective August 10, 2017, between the reporting person and Lake Tana LLC.
- 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 $22.54 to $23.03, 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.
- F5The number of shares held directly by the reporting person was decreased by 525,000 shares as the result of a transfer to Lake Tana LLC pursuant to a Stock Exchange Agreement effective August 10, 2017, between the reporting person and Lake Tana LLC. Such shares are now held indirectly by Lake Tana LLC.