0001225208-24-008317.txt : 20240830 0001225208-24-008317.hdr.sgml : 20240830 20240830163059 ACCESSION NUMBER: 0001225208-24-008317 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240829 FILED AS OF DATE: 20240830 DATE AS OF CHANGE: 20240830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MAFFEI GREGORY B CENTRAL INDEX KEY: 0001099636 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41746 FILM NUMBER: 241270580 MAIL ADDRESS: STREET 1: 12300 LIBERTY BLVD CITY: ENGLEWOOD STATE: CO ZIP: 80112 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Atlanta Braves Holdings, Inc. CENTRAL INDEX KEY: 0001958140 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 921284827 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 12300 LIBERTY BLVD CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 7208755400 MAIL ADDRESS: STREET 1: 12300 LIBERTY BLVD CITY: ENGLEWOOD STATE: CO ZIP: 80112 4 1 doc4.xml X0508 4 2024-08-29 0001958140 Atlanta Braves Holdings, Inc. BATRK 0001099636 MAFFEI GREGORY B 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112 1 1 President, CEO 0 Series C Common Stock 2024-08-29 4 A 0 35044.0000 0.0000 A 1174168.0000 D Series C Common Stock 2024-08-29 4 F 0 15332.0000 43.9700 D 1158836.0000 D Represents shares underlying performance-based restricted stock units granted to the Reporting Person on March 11, 2024 that were subject to the satisfaction of performance criteria, the vesting of which was accelerated as explained in Remarks section below. On August 21, 2024, John C. Malone and certain affiliated trusts and entities entered into a Proxy and Voting Agreement with Terence F. McGuirk, Chairman of Braves Holdings, LLC and a director of the Issuer (the "Malone Voting Agreement"). On August 21, 2024, the Reporting Person notified the Issuer of his resignation as President, Chief Executive Officer, Chairman of the Board and a director of the Issuer effective August 31, 2024. The execution of the Malone Voting Agreement constitutes a Change in Control of the Issuer as defined in the Reporting Person's Executive Employment Agreement, dated effective as of December 13, 2019, by and between the Reporting Person and Liberty Media Corporation and the Reporting Person's separation from employment with the Issuer is for "Good Reason" within the meaning of the Reporting Person's Executive Employment Agreement. As a result, the vesting of the equity award reported herein was accelerated to August 29, 2024 and such performance-based restricted stock units were deemed satisfied at 100% of "target". /s/ Katherine C. Jewell as Attorney-in-Fact for Gregory B. Maffei 2024-08-30