SEC Form 4 · accession 0001225208-17-019095
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 26, 2017
Accepted (ET)
Dec 28, 2017 · 5:37 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 26, 2017 | M | 294,983 | $20.52 | A | 375,418 | D | |
| Series A Liberty Ventures Common Stock | Dec 26, 2017 | M | 206,127 | $13.67 | A | 581,545 | D | |
| Series A Liberty Ventures Common Stock | Dec 26, 2017 | M | 147,894 | $20.52 | A | 729,439 | D | |
| Series A Liberty Ventures Common Stock | Dec 26, 2017 | M | 116,437 | $13.67 | A | 845,876 | D | |
| Series A Liberty Ventures Common Stock | Dec 26, 2017 | F | 69,432 | $55.96 | D | 776,444 | D | |
| Series A Liberty Ventures Common Stock | Dec 26, 2017 | F | 122,914 | $55.96 | D | 653,530 | D | |
| Series A Liberty Ventures Common Stock | Dec 26, 2017 | F | 293,048 | $55.96 | D | 360,482 | D | |
| Series A QVC Group Common Stock | Dec 26, 2017 | M | 3,643,497 | $17.74 | A | 7,341,436 | D | |
| Series A QVC Group Common Stock | Dec 26, 2017 | M | 1,826,731 | $17.74 | A | 9,168,167 | D | |
| Series A QVC Group Common Stock | Dec 26, 2017 | F | 4,562,010 | $25.74 | D | 4,606,157 | D | |
| Series B Liberty Ventures Common StockF2 | Dec 26, 2017 | M | 803,245 | $34.61 | A | 839,643 | D | |
| Series B Liberty Ventures Common StockF2 | Dec 26, 2017 | M | 268,889 | $52.39 | A | 1,108,532 | D | |
| Series B Liberty Ventures Common StockF2 | Dec 26, 2017 | M | 119,545 | $35.68 | A | 1,228,077 | D | |
| Series B Liberty Ventures Common StockF2 | Dec 26, 2017 | M | 64,732 | $38.93 | A | 1,292,809 | D | |
| Series B Liberty Ventures Common StockF2 | Dec 26, 2017 | F | 54,030 | $56.38 | D | 1,238,779 | D | |
| Series B Liberty Ventures Common StockF2 | Dec 26, 2017 | F | 96,099 | $56.38 | D | 1,142,680 | D | |
| Series B Liberty Ventures Common StockF2 | Dec 26, 2017 | F | 258,724 | $56.38 | D | 883,956 | D | |
| Series B Liberty Ventures Common StockF2 | Dec 26, 2017 | F | 637,561 | $56.38 | D | 246,395 | D | |
| Series A Liberty Ventures Common Stock | Dec 27, 2017 | G | 2,460 | $0.00 | D | 358,022 | D | |
| Series A Liberty Ventures Common StockF3 | holding | — | — | — | 878 | I | By 401(k) Savings Plan | |
| Series A QVC Group Common StockF3 | holding | — | — | — | 7,511 | I | By 401(k) Savings Plan | |
| Series A Liberty Ventures Common StockF1 | holding | — | — | — | 574,211 | I | Maven 2017 - 1 GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) - LVNTAF4 | $55.96 | Dec 26, 2017 | A | 442,877 | A | — | Dec 17, 2019 | Series A Liberty Ventures Common Stock | 442,877 | 442,877 | D |
| Stock Option (right to buy) - LVNTAF4 | $55.96 | Dec 26, 2017 | A | 206,127 | A | — | Dec 17, 2019 | Series A Liberty Ventures Common Stock | 206,127 | 649,004 | D |
| Stock Option (right to buy) - LVNTAF4 | $55.96 | Dec 26, 2017 | A | 116,437 | A | — | Dec 17, 2019 | Series A Liberty Ventures Common Stock | 116,437 | 765,441 | D |
| Stock Option (right to buy) - LVNTAF4 | $13.67 | Dec 26, 2017 | M | 116,437 | D | — | Dec 17, 2019 | Series A Liberty Ventures Common Stock | 116,437 | 206,127 | D |
| Stock Option (right to buy) - LVNTAF4 | $20.52 | Dec 26, 2017 | M | 147,894 | D | — | Dec 17, 2019 | Series A Liberty Ventures Common Stock | 147,894 | 294,983 | D |
| Stock Option (right to buy) - LVNTAF4 | $13.67 | Dec 26, 2017 | M | 206,127 | D | — | Dec 17, 2019 | Series A Liberty Ventures Common Stock | 206,127 | 0 | D |
| Stock Option (right to buy) - LVNTAF4 | $20.52 | Dec 26, 2017 | M | 294,983 | D | — | Dec 17, 2019 | Series A Liberty Ventures Common Stock | 294,983 | 0 | D |
| Stock Option (right to buy) - LVNTA | $55.96 | Dec 26, 2017 | A | 108,557 | A | Dec 31, 2017 | Dec 26, 2024 | Series A Liberty Ventures Common Stock | 108,557 | 108,557 | D |
| Stock Option (right to buy) - LVNTBF4 | $56.38 | Dec 26, 2017 | A | 119,545 | A | — | Mar 29, 2023 | Series B Liberty Ventures Common Stock | 119,545 | 119,545 | D |
| Stock Option (right to buy) - LVNTBF4 | $35.68 | Dec 26, 2017 | M | 119,545 | D | — | Mar 29, 2023 | Series B Liberty Ventures Common Stock | 119,545 | 0 | D |
| Stock Option (right to buy) - LVNTBF4 | $56.38 | Dec 26, 2017 | A | 64,732 | A | — | Mar 31, 2022 | Series B Liberty Ventures Common Stock | 64,732 | 64,732 | D |
| Stock Option (right to buy) - LVNTBF4 | $38.93 | Dec 26, 2017 | M | 64,732 | D | — | Mar 31, 2022 | Series B Liberty Ventures Common Stock | 64,732 | 0 | D |
| Stock Option (right to buy) - LVNTBF5 | $56.38 | Dec 26, 2017 | A | 637,561 | A | — | Dec 24, 2021 | Series B Liberty Ventures Common Stock | 637,561 | 637,561 | D |
| Stock Option (right to buy) - LVNTBF6 | $34.61 | Dec 26, 2017 | M | 803,245 | D | — | Dec 24, 2021 | Series B Liberty Ventures Common Stock | 803,245 | 0 | D |
| Stock Option (right to buy) - LVNTB | $56.38 | Dec 26, 2017 | A | 258,724 | A | Dec 31, 2017 | May 11, 2024 | Series B Liberty Ventures Common Stock | 258,724 | 258,724 | D |
| Stock Option (right to buy) - LVNTBF6 | $52.39 | Dec 26, 2017 | M | 268,889 | D | Dec 31, 2017 | May 11, 2024 | Series B Liberty Ventures Common Stock | 268,889 | 0 | D |
| Stock Option (right to buy) QVCAF4 | $25.74 | Dec 26, 2017 | A | 5,470,228 | A | — | Dec 17, 2019 | Series A QVC Group Common Stock | 5,470,228 | 5,470,228 | D |
| Stock Option (right to buy) QVCAF4 | $17.74 | Dec 26, 2017 | M | 1,826,731 | D | — | Dec 17, 2019 | Series A QVC Group Common Stock | 1,826,731 | 3,643,497 | D |
| Stock Option (right to buy) QVCAF4 | $17.74 | Dec 26, 2017 | M | 3,643,497 | D | — | Dec 17, 2019 | Series A QVC Group Common Stock | 3,643,497 | 0 | D |
| Stock Option (right to buy) QVCA | $25.74 | Dec 26, 2017 | A | 200,402 | A | Dec 31, 2017 | Dec 26, 2024 | Series A QVC Group Common Stock | 200,402 | 200,402 | D |
Explanation of responses
- F1On March 17, 2017, the reporting person contributed 574,211 shares to a grantor retained annuity trust, of which the reporting person is the sole trustee, for the benefit of himself, his spouse and his children.
- F2Each share of Series B Liberty Ventures Common Stock ("LVNTB") is convertible, at the holder's election, into one share of Series A Liberty Ventures Common Stock ("LVNTA"), at any time for no consideration other than the surrender of the share of LVNTB for each share of LVNTA.
- F3The 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, 2017.
- F4The derivative security is fully vested.
- F5The options vest 50% on December 24, 2018, and 50% on December 24, 2019.
- F6The vesting of the options was accelerated by the registrant and became fully vested as of December 26, 2017.