SEC Form 4 · accession 0001225208-17-019098
Old QVC Group, Inc. · QVCGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard N Baer
Officer — Chief Legal Officer
Period of report
Dec 26, 2017
Accepted (ET)
Dec 28, 2017 · 5:38 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 Stock | Dec 26, 2017 | M | 59,225 | $34.66 | A | 59,225 | D | |
| Series A Liberty Ventures Common Stock | Dec 26, 2017 | F | 47,184 | $55.96 | D | 12,041 | D | |
| Series A QVC Group Common Stock | Dec 26, 2017 | M | 238,109 | $18.27 | A | 262,248 | D | |
| Series A QVC Group Common Stock | Dec 26, 2017 | F | 201,196 | $25.74 | D | 61,052 | D |
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) - LVNTAF1 | $55.96 | Dec 26, 2017 | A | 47,184 | A | — | Dec 31, 2023 | Series A Liberty Ventures Common Stock | 47,184 | 47,184 | D |
| Stock Option (right to buy) - LVNTAF2 | $34.66 | Dec 26, 2017 | M | 59,225 | D | — | Dec 31, 2023 | Series A Liberty Ventures Common Stock | 59,225 | 0 | D |
| Stock Option (right to buy) - LVNTA | $55.96 | Dec 26, 2017 | A | 2,659 | A | Dec 31, 2017 | Dec 26, 2024 | Series A Liberty Ventures Common Stock | 2,659 | 2,659 | D |
| Stock Option (right to buy) QVCAF3 | $25.74 | Dec 26, 2017 | A | 238,109 | A | — | Nov 8, 2022 | Series A QVC Group Common Stock | 238,109 | 238,109 | D |
| Stock Option (right to buy) QVCAF3 | $18.27 | Dec 26, 2017 | M | 238,109 | D | — | Nov 8, 2022 | Series A QVC Group Common Stock | 238,109 | 0 | D |
| Stock Option (right to buy) QVCA | $25.74 | Dec 26, 2017 | A | 8,179 | A | Dec 31, 2017 | Dec 26, 2024 | Series A QVC Group Common Stock | 8,179 | 8,179 | D |
Explanation of responses
- F1The options vest 50% on December 31, 2019, and 50% on December 31, 2020.
- F2The vesting of the options was accelerated by the registrant and became fully vested as of December 26, 2017.
- F3The derivative security is fully vested.