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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Liberty Media Corp [ LMCA ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/28/2011 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 A Liberty Starz Common Stock | 11/28/2011 | D(1) | 725 | D | (1) | 0 | D | |||
Series B Liberty Starz Common Stock | 11/28/2011 | D(1) | 64 | D | (1) | 0 | D | |||
Series A Liberty Capital Common Stock | 11/28/2011 | A(1) | 638 | A | (1) | 9,879 | D | |||
Series B Liberty Capital Common Stock | 11/28/2011 | A(1) | 56 | A | (1) | 218 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | ||||||||
Stock Appreciation Right | $25.43 | 11/28/2011 | D(2) | 220 | (3) | 09/09/2013 | Series A Liberty Starz Common Stock | 220 | $0 | 0 | D | ||||
Stock Appreciation Right | $28.86 | 11/28/2011 | A(2) | 193 | (3) | 09/09/2013 | Series A Liberty Capital Common Stock | 193 | $0 | 193 | D | ||||
Stock Appreciation Right | $23.44 | 11/28/2011 | D(2) | 220 | (3) | 06/01/2014 | Series A Liberty Starz Common Stock | 220 | $0 | 0 | D | ||||
Stock Appreciation Right | $26.6 | 11/28/2011 | A(2) | 193 | (3) | 06/01/2014 | Series A Liberty Capital Common Stock | 193 | $0 | 193 | D | ||||
Stock Appreciation Right | $26.2 | 11/28/2011 | D(2) | 220 | (3) | 06/01/2015 | Series A Liberty Starz Common Stock | 220 | $0 | 0 | D | ||||
Stock Appreciation Right | $29.73 | 11/28/2011 | A(2) | 193 | (3) | 06/01/2015 | Series A Liberty Capital Common Stock | 193 | $0 | 193 | D | ||||
Stock Option (right to buy) | $25.62 | 11/28/2011 | D(2) | 600 | (3) | 05/05/2016 | Series A Liberty Starz Common Stock | 600 | $0 | 0 | D | ||||
Stock Option (right to buy) | $29.07 | 11/28/2011 | A(2) | 528 | (3) | 05/05/2016 | Series A Liberty Capital Common Stock | 528 | $0 | 528 | D | ||||
Stock Option (right to buy) | $35.73 | 11/28/2011 | D(2) | 524 | (3) | 05/10/2017 | Series A Liberty Starz Common Stock | 524 | $0 | 0 | D | ||||
Stock Option (right to buy) | $40.54 | 11/28/2011 | A(2) | 461 | (3) | 05/10/2017 | Series A Liberty Capital Common Stock | 461 | $0 | 461 | D | ||||
Stock Option (right to buy) | $36.31 | 11/28/2011 | D(2) | 660 | (3) | 12/24/2014 | Series A Liberty Starz Common Stock | 660 | $0 | 0 | D | ||||
Stock Option (right to buy) | $41.2 | 11/28/2011 | A(2) | 581 | (3) | 12/24/2014 | Series A Liberty Capital Common Stock | 581 | $0 | 581 | D | ||||
Stock Option (right to buy) | $26.03 | 11/28/2011 | D(2) | 1,160 | (3) | 12/16/2015 | Series A Liberty Starz Common Stock | 1,160 | $0 | 0 | D | ||||
Stock Option (right to buy) | $29.54 | 11/28/2011 | A(2) | 1,022 | (3) | 12/16/2015 | Series A Liberty Capital Common Stock | 1,022 | $0 | 1,022 | D |
Explanation of Responses: |
1. On November 28, 2011, Liberty Media Corporation ("Liberty") converted all outstanding shares of its Liberty Starz common stock into shares of its Liberty Capital common stock (the "Conversion"). In the Conversion, (i) each outstanding share of Series A Liberty Starz common stock was converted into 0.88129 of a share of Series A Liberty Capital common stock and (ii) each outstanding share of Series B Liberty Starz common stock was converted into 0.88129 of a share of Series B Liberty Capital common stock, with cash paid in lieu of the issuance of fractional shares in each case. The Conversion was effected by action of the Liberty board of directors in accordance with Article IV, Section A.2(b)(ii) of Liberty's restated certificate of incorporation. |
2. All outstanding equity awards with respect to Series A Liberty Starz common stock and Series B Liberty Starz common stock (each such equity award a "LSTZ equity award") were automatically converted into equity awards with respect to Series A Liberty Capital common stock and Series B Liberty Capital common stock, respectively (each such equity award a "LCAP equity award"). Each LCAP equity award remains subject to the terms and conditions of the corresponding LSTZ equity award in all material respects. The number of shares of Liberty Capital common stock subject to such LCAP equity award was determined by multiplying the shares of Liberty Starz common stock subject to the LSTZ equity award by 0.88129. The per share exercise price or per share base price, as applicable, of each LCAP equity award is equal to the per share exercise price or per share base price, respectively, of the LSTZ equity award divided by 0.88129. |
3. The derivative security is fully vested. |
Remarks: |
In connection with the completion of the Conversion, on November 29, 2011 the trading symbol for Series A Liberty Capital common stock changed from LCAPA to LMCA and the trading symbol for Series B Liberty Capital common stock changed from LCAPB to LMCB. |
/s/ Pamela L. Coe as Attorney-in-fact for Larry E. Romrell | 11/30/2011 | |
** 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. |