SEC Form 4 · accession 0001225208-17-000814
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
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 7:12 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 Liberty Braves Common Stock | Jan 3, 2017 | M | 5,046 | $11.32 | A | 5,046 | D | |
| Series A Liberty Braves Common StockF3 | Jan 3, 2017 | S | 5,046 | $20.5418 | D | 0 | D | |
| Series A Liberty Media Common Stock | Jan 3, 2017 | M | 13,349 | $11.58 | A | 13,349 | D | |
| Series A Liberty Media Common StockF4 | Jan 3, 2017 | S | 13,349 | $31.7912 | D | 0 | D | |
| Series A Liberty SiriusXM Common Stock | Jan 3, 2017 | M | 45,867 | $19.57 | A | 45,867 | D | |
| Series A Liberty SiriusXM Common StockF5 | Jan 3, 2017 | S | 45,867 | $34.5197 | D | 0 | D | |
| Series C Liberty Braves Common Stock | Jan 3, 2017 | M | 7,646 | $11.09 | A | 7,646 | D | |
| Series C Liberty Braves Common StockF6 | Jan 3, 2017 | S | 7,646 | $20.6027 | D | 0 | D | |
| Series C Liberty Media Common Stock | Jan 3, 2017 | M | 22,692 | $11.08 | A | 22,692 | D | |
| Series C Liberty Media Common StockF7 | Jan 3, 2017 | S | 22,692 | $31.577 | D | 0 | D | |
| Series C Liberty SiriusXM Common Stock | Jan 3, 2017 | M | 55,367 | $19.20 | A | 55,367 | D | |
| Series C Liberty SiriusXM Common StockF8 | Jan 3, 2017 | S | 55,367 | $33.9743 | D | 0 | D | |
| Series A Liberty Braves Common Stock | Jan 4, 2017 | M | 294 | $11.32 | A | 294 | D | |
| Series A Liberty Braves Common StockF9 | Jan 4, 2017 | S | 294 | $20.5568 | D | 0 | D | |
| Series A Liberty SiriusXM Common Stock | Jan 4, 2017 | M | 7,498 | $19.57 | A | 7,498 | D | |
| Series A Liberty SiriusXM Common StockF10 | Jan 4, 2017 | S | 7,498 | $34.6134 | D | 0 | D | |
| Series C Liberty Braves Common Stock | Jan 4, 2017 | M | 3,230 | $11.09 | A | 3,230 | D | |
| Series C Liberty Braves Common StockF11 | Jan 4, 2017 | S | 3,230 | $20.7485 | D | 0 | D | |
| Series C Liberty Media Common Stock | Jan 4, 2017 | M | 4,484 | $11.08 | A | 4,484 | D | |
| Series C Liberty Media Common StockF12 | Jan 4, 2017 | S | 4,484 | $31.427 | D | 0 | D | |
| Series C Liberty SiriusXM Common Stock | Jan 4, 2017 | M | 46,603 | $19.20 | A | 46,603 | D | |
| Series C Liberty SiriusXM Common StockF13 | Jan 4, 2017 | S | 46,603 | $34.446 | D | 0 | 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) - BATRA | $11.32 | Jan 3, 2017 | M | 5,046 | D | Dec 31, 2016 | Nov 8, 2022 | Series A Liberty Braves Common Stock | 5,046 | 294 | D |
| Stock Option (Right to Buy) - BATRK | $11.09 | Jan 3, 2017 | M | 7,646 | D | Dec 31, 2016 | Nov 8, 2022 | Series C Liberty Braves Common Stock | 7,646 | 3,230 | D |
| Stock Option (Right to Buy) - LMCA | $11.58 | Jan 3, 2017 | M | 13,349 | D | Dec 31, 2016 | Nov 8, 2022 | Series A Liberty Media Common Stock | 13,349 | 0 | D |
| Stock Option (Right to Buy) - LMCK | $11.08 | Jan 3, 2017 | M | 22,692 | D | Dec 31, 2016 | Nov 8, 2022 | Series C Liberty Media Common Stock | 22,692 | 4,484 | D |
| Stock Option (Right to Buy) - LSXMA | $19.57 | Jan 3, 2017 | M | 45,867 | D | Dec 31, 2016 | Nov 8, 2022 | Series A Liberty SiriusXM Common Stock | 45,867 | 7,498 | D |
| Stock Option (Right to Buy) - LSXMK | $19.20 | Jan 3, 2017 | M | 55,367 | D | Dec 31, 2016 | Nov 8, 2022 | Series C Liberty SiriusXM Common Stock | 55,367 | 53,294 | D |
| Stock Option (Right to Buy) - BATRA | $11.32 | Jan 4, 2017 | M | 294 | D | Dec 31, 2016 | Nov 8, 2022 | Series A Liberty Braves Common Stock | 294 | 0 | D |
| Stock Option (Right to Buy) - BATRK | $11.09 | Jan 4, 2017 | M | 3,230 | D | Dec 31, 2016 | Nov 8, 2022 | Series C Liberty Braves Common Stock | 3,230 | 0 | D |
| Stock Option (Right to Buy) - LMCK | $11.08 | Jan 4, 2017 | M | 4,484 | D | Dec 31, 2016 | Nov 8, 2022 | Series C Liberty Media Common Stock | 4,484 | 0 | D |
| Stock Option (Right to Buy) - LSXMA | $19.57 | Jan 4, 2017 | M | 7,498 | D | Dec 31, 2016 | Nov 8, 2022 | Series A Liberty SiriusXM Common Stock | 7,498 | 0 | D |
| Stock Option (Right to Buy) - LSXMK | $19.20 | Jan 4, 2017 | M | 46,603 | D | Dec 31, 2016 | Nov 8, 2022 | Series C Liberty SiriusXM Common Stock | 46,603 | 6,691 | 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.
- F10The price is a weighted average price. These shares were sold in multiple transactions ranging from $34.54 to $34.71, 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.
- F11The price is a weighted average price. These shares were sold in multiple transactions ranging from $20.65 to $20.87, 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.
- F12The price is a weighted average price. These shares were sold in multiple transactions ranging from $31.13 to $31.87, 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.
- F13The price is a weighted average price. These shares were sold in multiple transactions ranging from $34.12 to $34.58, 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.
- 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 $20.355 to $20.720, 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 $31.51 to $32.11, 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 price is a weighted average price. These shares were sold in multiple transactions ranging from $34.33 to $34.90, 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.
- F6The price is a weighted average price. These shares were sold in multiple transactions ranging from $20.42 to $20.79, 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.
- F7The price is a weighted average price. These shares were sold in multiple transactions ranging from $31.30 to $31.97, 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.
- F8The price is a weighted average price. These shares were sold in multiple transactions ranging from $33.62 to $34.29, 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.
- F9The price is a weighted average price. These shares were sold in multiple transactions ranging from $20.55 to $20.57, 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.