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).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wendling Brian J

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
CAO/PFO
3. Date of Earliest Transaction (Month/Day/Year)
12/08/2023
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
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 - LLYVK (1) 12/08/2023 A 3,397 (2) (2) Series C Liberty Live Common Stock 3,397 $0.0000 3,397 D
Restricted Stock Units - LLYVK (1) 12/08/2023 A 3,569 (3) 12/09/2025(3) Series C Liberty Live Common Stock 3,569 $0.0000 3,569 D
Restricted Stock Units-FWONK (4) 12/08/2023 A 11,149 (2) (2) Series C Liberty Formula One Common Stock 11,149 $0.0000 11,149 D
Restricted Stock Units-FWONK (4) 12/08/2023 A 4,328 (3) 12/09/2025(3) Series C Liberty Formula One Common Stock 4,328 $0.0000 4,328 D
Restricted Stock Units-LSXMK (5) 12/08/2023 A 16,794 (2) (2) Series C Liberty SiriusXM Common Stock 16,794 $0.0000 16,794 D
Stock Option (Right to Buy) - FWONK $62.92 12/08/2023 A 27,321 (6) 12/08/2030 Series C Liberty Formula One Common Stock 27,321 $0.0000 27,321 D
Stock Option (Right to Buy) - LLYVK $33.97 12/08/2023 A 8,422 (6) 12/08/2030 Series C Liberty Live Common Stock 8,422 $0.0000 8,422 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Live Common Stock.
2. This restricted stock unit award vests in three substantially equal installments on December 9, 2024, 2025, and 2026.
3. Represents a retention grant which vests 33% on December 14, 2023 and December 9, 2024, and 34% on December 9, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
4. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Formula One Common Stock.
5. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty SiriusXM Common Stock.
6. This option award vests in three substantially equal installments on December 8, 2024, 2025, and 2026.
/s/ Brittany A. Uthoff as Attorney-in-Fact for Brian J. Wendling 12/12/2023
** 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.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.