SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BENNETT ROBERT R

(Last) (First) (Middle)
12300 LIBERTY BOULEVARD

(Street)
ENGLEWOOD CO 80112

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Liberty Media Corp [ LSXMA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/06/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Series C Liberty Braves Common Stock 12/06/2022 M 207 A $0(1) 1,363 D
Series C Liberty Formula One Common Stock 12/06/2022 M 867 A $0(2) 2,516 D
Series C Liberty SiriusXM Common Stock 12/06/2022 M 1,309 A $0(3) 7,907 D
Series C Liberty Braves Common Stock 7,568 I By Hilltop Investments, LLC
Series C Liberty SiriusXM Common Stock 43,170 I By Hilltop Investments, LLC
Series C Liberty Braves Common Stock 88 I Deborah Bennett Revocable Trust(4)
Series C Liberty Formula One Common Stock 220 I Deborah Bennett Revocable Trust(5)
Series C Liberty SiriusXM Common Stock 882 I Deborah Bennett Revocable Trust(6)
Series C Liberty Braves Common Stock 260,012 I Hilltop Investments III, LLC
Series C Liberty Formula One Common Stock 384,960 I Hilltop Investments III, LLC
Series C Liberty SiriusXM Common Stock 1,525,435 I Hilltop Investments III, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units-BATRK (7) 12/06/2022 M 207 12/06/2022 12/06/2022 Series C Liberty Braves Common Stock 207 $0.0000 0.0000 D
Restricted Stock Units-FWONK (8) 12/06/2022 M 867 12/06/2022 12/06/2022 Series C Liberty Formula One Common Stock 867 $0.0000 0.0000 D
Restricted Stock Units-LSXMK (9) 12/06/2022 M 1,309 12/06/2022 12/06/2022 Series C Liberty SiriusXM Common Stock 1,309 $0.0000 0.0000 D
Explanation of Responses:
1. Each restricted stock unit converted into one share of Series C Liberty Braves Common Stock.
2. Each restricted stock unit converted into one share of Series C Liberty Formula One Common Stock.
3. Each restricted stock unit converted into one share of Series C Liberty SiriusXM Common Stock.
4. Includes 88 shares of the Issuer's Series C Liberty Braves common stock that were previously reported as indirectly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
5. Includes 220 shares of the Issuer's Series C Liberty Formula One common stock that were previously reported as indirectly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
6. Includes 882 shares of the Issuer's Series C Liberty SiriusXM common stock that were previously reported as indirectly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
7. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Braves Common Stock.
8. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Formula One Common Stock.
9. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty SiriusXM Common Stock.
/s/ Brittany A. Uthoff as Attorney-in-Fact for Robert R. Bennett 12/08/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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