SEC Form 4 · accession 0001225208-16-031724
Liberty Media Corp · FWONA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Malone
Officer — Chairman of the Board · Director · 10% Owner
Period of report
Apr 15, 2016
Accepted (ET)
Apr 22, 2016 · 7:17 pm EDT
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 B Liberty Media Common StockF1,F2 | Apr 15, 2016 | J | 122,649 | $0.00 | A | 122,649 | I | John C. Malone June 2003 Charitable Remainder Unitrust |
| Series B Liberty SiriusXM Common StockF1,F2 | Apr 15, 2016 | J | 490,597 | $0.00 | A | 490,597 | I | John C. Malone June 2003 Charitable Remainder Unitrust |
| Series C Common StockF2 | Apr 15, 2016 | J | 981,194 | $0.00 | D | 0 | I | John C. Malone June 2003 Charitable Remainder Unitrust |
| Series C Liberty Braves Common StockF2 | Apr 15, 2016 | J | 98,119 | $0.00 | A | 98,119 | I | John C. Malone June 2003 Charitable Remainder Unitrust |
| Series C Liberty Media Common StockF2 | Apr 15, 2016 | J | 245,298 | $0.00 | A | 245,298 | I | John C. Malone June 2003 Charitable Remainder Unitrust |
| Series C Liberty SiriusXM Common StockF2 | Apr 15, 2016 | J | 981,194 | $0.00 | A | 981,194 | I | John C. Malone June 2003 Charitable Remainder Unitrust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each share of the Issuer's former Series B common stock was, and newly-issued Series B Liberty SiriusXM common stock, Series B Liberty Braves common stock and Series B Liberty Media common stock is, convertible, at the holder's election, into one share of the Issuer's corresponding former Series A common stock or newly-issued Series A Liberty SiriusXM common stock, Series A Liberty Braves common stock and Series A Liberty Media common stock, respectively, at any time for no consideration other than the surrender of the share of former Series B common stock or newly-issued Series B Liberty SiriusXM common stock, Series B Liberty Braves common stock or Series B Liberty Media common stock for the share of former Series A common stock or newly-issued Series A Liberty SiriusXM common stock, Series A Liberty Braves common stock or Series A Liberty Media common stock, respectively.
- F2Pursuant to the Reclassification and Exchange (as described in the Remarks section), all of the outstanding shares of Liberty Media Corporation's (the "Issuer") Series A common stock, Series B common stock and Series C common stock were reclassified into and exchanged for newly-issued shares of the corresponding series of the Issuer's Liberty SiriusXM common stock, Liberty Braves common stock and Liberty Media common stock (the "tracking stocks"). The Reclassification and Exchange was exempt under Rule 16b-7, and 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 ("Rule 16b-3").
Remarks
Multiple Forms Submitted