0001225208-23-007601.txt : 20230720 0001225208-23-007601.hdr.sgml : 20230720 20230720170808 ACCESSION NUMBER: 0001225208-23-007601 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230718 FILED AS OF DATE: 20230720 DATE AS OF CHANGE: 20230720 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ROSENTHALER ALBERT E CENTRAL INDEX KEY: 0001195195 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41746 FILM NUMBER: 231100433 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] 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 2023-07-18 0001958140 Atlanta Braves Holdings, Inc. BATRK 0001195195 ROSENTHALER ALBERT E 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112 1 Corp. Dev. Officer 0 Series A Common Stock 2023-07-18 4 J 0 6662.0000 0 A 6662.0000 D Series C Common Stock 2023-07-18 4 J 0 40768.0000 0 A 40768.0000 D Series C Common Stock 2023-07-19 5 J 0 2196.0000 0 A 42964.0000 D Stock Option (Right to Buy) - BATRK 26.3600 2023-07-18 5 J 0 24656.0000 A 2027-12-10 Series C Common Stock 24656.0000 24656.0000 D Stock Option (Right to Buy) - BATRK 22.9600 2023-07-18 5 J 0 5031.0000 A 2017-03-20 2024-03-20 Series C Common Stock 5031.0000 5031.0000 D On July 18, 2023, Liberty Media Corporation ("Liberty Media") redeemed (the "Redemption") each share of its Liberty Braves common stock for shares of common stock of Atlanta Braves Holdings, Inc. (the "Issuer"). In the Redemption, Liberty Media redeemed (i) each outstanding share of its Series A Liberty Braves common stock for one share of the Issuer's Series A common stock, (ii) each outstanding share of its Series B Liberty Braves common stock for one share of the Issuer's Series B common stock and (iii) each outstanding share of its Series C Liberty Braves common stock for one share of the Issuer's Series C common stock. On July 19, 2023, following the Redemption, Liberty Media distributed on a pro rata basis 6,792,903 shares of the Issuer's Series C common stock to holders of Liberty Media's Series A Liberty Formula One common stock, Series B Liberty Formula One common stock and Series C Liberty Formula One common stock following the settlement and extinguishment of an intergroup interest in Liberty Media's Braves Group attributed to Liberty Media's Formula One Group, as described in the Registration Statement on Form S-4 filed by Liberty Media with the Securities and Exchange Commission (File No. 333-268921). In connection with the Redemption, all option awards held by the reporting person with respect to Liberty Media's Liberty Braves common stock (each, a "Braves Award") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the option awards were granted, such that each Braves Award was exchanged for an option to purchase an equivalent number of shares of the corresponding series of the Issuer's common stock. These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. This option award vested 50% on December 10, 2022, and will vest 50% on December 10, 2023. /s/ Brittany A. Uthoff as Attorney-in-Fact for Albert E. Rosenthaler 2023-07-20