SEC Form 4 · accession 0001225208-18-006070
Old QVC Group, Inc. · QVCGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Malone
Director · 10% Owner
Period of report
Mar 9, 2018
Accepted (ET)
Mar 13, 2018 · 5:29 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 Liberty Ventures Common StockF1 | Mar 9, 2018 | J | 527,746 | $0.00 | D | 0 | D | |
| Series B Liberty Ventures Common StockF2,F1 | Mar 9, 2018 | J | 3,830,645 | $0.00 | D | 0 | D | |
| Series A Liberty Ventures Common StockF1,F3 | Mar 9, 2018 | J | 79,243 | $0.00 | D | 0 | I | By Spouse |
| Series B Liberty Ventures Common StockF2,F1,F3 | Mar 9, 2018 | J | 123,847 | $0.00 | D | 0 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 9, 2018, Liberty Interactive Corporation (the "Issuer") redeemed (the "Redemption") each share of its Liberty Ventures common stock for shares of common stock of GCI Liberty, Inc. ("GCI Liberty"). In the Redemption, the Issuer redeemed (i) each outstanding share of its Series A Liberty Ventures common stock for one share of GCI Liberty's Class A common stock and (ii) each outstanding share of its Series B Liberty Ventures common stock for one share of GCI Liberty's Class B common stock. Such transactions were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- F2Each share of Series B Liberty Ventures common stock was convertible, at the holder's election, into one share of Series A Liberty Ventures common stock, at any time for no consideration other than the surrender of the share of Series B Liberty Ventures common stock for each share of Series A Liberty Ventures common stock.
- F3The reporting person disclaims beneficial ownership of these shares owned by his spouse.