SEC Form 4 · accession 0001225208-16-029330
Liberty Media Corp · FWONA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard N Baer
Officer — Chief Legal Officer
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 7:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001560385
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series A Common Stock | Mar 3, 2016 | M | 43,966 | $23.66 | A | 53,652 | D | |
| Series A Common StockF3 | Mar 3, 2016 | S | 43,966 | $37.7295 | D | 9,686 | D | |
| Series C Common Stock | Mar 3, 2016 | M | 25,612 | $23.33 | A | 44,984 | D | |
| Series C Common StockF4 | Mar 3, 2016 | S | 25,612 | $36.51 | D | 19,372 | 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 - LMCA (Right to Buy)F5 | $23.66 | Mar 3, 2016 | M | 43,966 | D | — | Nov 8, 2022 | Series A Common Stock | 43,966 | 53,178 | D |
| Stock Option - LMCK (Right to Buy)F5 | $23.33 | Mar 3, 2016 | M | 25,612 | D | — | Nov 8, 2022 | Series C Common Stock | 25,612 | 107,429 | D |
Explanation of responses
- F1Such transactions were effected pursuant to a 10b5-1 trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2Open market sale pursuant to a 10b5-1 trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F3The price is a weighted average price. These shares were sold in multiple transactions ranging from $37.62 to $37.85, 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.
- F4The price is a weighted average price. These shares were sold in multiple transactions ranging from $36.22 to $36.67, 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 option award vested 50% on December 31, 2015, and the remainder of the award vests on December 31, 2016.