SEC Form 4 · accession 0001225208-17-015136
Liberty Media Corp · FWONA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark D Carleton
Officer — Chief Financial Officer
Period of report
Sep 15, 2017
Accepted (ET)
Sep 19, 2017 · 5:30 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 C Liberty Formula One Common Stock | Sep 15, 2017 | M | 10,000 | $18.83 | A | 10,000 | D | |
| Series C Liberty Formula One Common Stock | Sep 15, 2017 | M | 7,299 | $11.18 | A | 17,299 | D | |
| Series C Liberty Formula One Common StockF1 | Sep 15, 2017 | S | 5,536 | $38.9657 | D | 11,763 | D | |
| Series C Liberty Formula One Common Stock | Sep 15, 2017 | F | 11,763 | $38.95 | D | 0 | D | |
| Series C Liberty SiriusXM Common Stock | Sep 15, 2017 | M | 50,000 | $19.38 | A | 50,000 | D | |
| Series C Liberty SiriusXM Common StockF2 | Sep 15, 2017 | S | 14,307 | $41.6559 | D | 35,693 | D | |
| Series C Liberty SiriusXM Common Stock | Sep 15, 2017 | F | 35,693 | $41.74 | 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) - FWONKF3 | $18.83 | Sep 15, 2017 | M | 10,000 | D | — | Mar 4, 2022 | Series C Liberty Formula One Common Stock | 10,000 | 19,524 | D |
| Stock Option (Right to Buy) - FWONKF4 | $11.18 | Sep 15, 2017 | M | 7,299 | D | — | Mar 19, 2020 | Series C Liberty Formula One Common Stock | 7,299 | 0 | D |
| Stock Option (Right to Buy) - LSXMKF4 | $19.38 | Sep 15, 2017 | M | 50,000 | D | — | Mar 19, 2020 | Series C Liberty SiriusXM Common Stock | 50,000 | 99,218 | D |
Explanation of responses
- F1The price is a weighted average price. These shares were sold in multiple transactions ranging from $38.953 to $38.980, 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.
- F2The price is a weighted average price. These shares were sold in multiple transactions ranging from $41.620 to $41.750, 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.
- F3The options vested 33.33% on March 4, 2016, 33.33% on March 4, 2017, and the remainder vest on March 4, 2018.
- F4The derivative security is fully vested.