0001104659-24-069611.txt : 20240607
0001104659-24-069611.hdr.sgml : 20240607
20240607160114
ACCESSION NUMBER: 0001104659-24-069611
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240605
FILED AS OF DATE: 20240607
DATE AS OF CHANGE: 20240607
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MALONE JOHN C
CENTRAL INDEX KEY: 0000937797
ORGANIZATION NAME:
STATE OF INCORPORATION: CO
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35707
FILM NUMBER: 241029165
MAIL ADDRESS:
STREET 1: 12300 LIBERTY BLVD
CITY: ENGLEWOOD
STATE: CO
ZIP: 80112
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Liberty Media Corp
CENTRAL INDEX KEY: 0001560385
STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 371699499
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 12300 LIBERTY BOULEVARD
CITY: ENGLEWOOD
STATE: CO
ZIP: 80112
BUSINESS PHONE: 720-875-5400
MAIL ADDRESS:
STREET 1: 12300 LIBERTY BOULEVARD
CITY: ENGLEWOOD
STATE: CO
ZIP: 80112
FORMER COMPANY:
FORMER CONFORMED NAME: Liberty Spinco, Inc.
DATE OF NAME CHANGE: 20121015
4
1
tm2416612-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-06-05
0
0001560385
Liberty Media Corp
LSXMA
0000937797
MALONE JOHN C
12300 LIBERTY BOULEVARD
ENGLEWOOD
CO
80112
1
1
1
0
Chairman of the Board
0
Call option (obligation to sell)
88.2792
2024-06-05
4
S
1
2280381
D
Series C Liberty Formula One Common Stock
2280381
2280381
D
Put option (right to sell)
70.5510
2024-06-05
4
P
1
2280381
A
Series C Liberty Formula One Common Stock
2280381
2280381
D
Call option (obligation to sell)
88.2792
2024-06-05
4
S
1
166171
D
Series C Liberty Formula One Common Stock
166171
166171
I
Leslie A. Malone 1995 Revocable Trust
Put option (right to sell)
70.5510
2024-06-05
4
P
1
166171
A
Series C Liberty Formula One Common Stock
166171
166171
I
Leslie A. Malone 1995 Revocable Trust
On June 5, 2024, the reporting person and his spouse entered into a "zero-cost collar" arrangement (the "Transactions") pursuant to which they wrote European call options and purchased European put options over an aggregate of 2,446,552 shares of Series C Liberty Formula One Common Stock. Only one of the options can be in the money on the expiration date, at which time the in-the-money options will be exercised, and the other options will expire. If neither the put options nor the call options are in the money on the expiration date, both the put and call options will expire. The Transaction will be settled in cash unless the reporting person or his spouse, as applicable, elects physical settlement.
This Transaction is divided into 20 components, the first 19 of which are with respect to 114,019 shares of Series C Liberty Formula One Common Stock and the last of which is with respect to 114,020 shares. The components mature on sequential trading days over the period beginning on May 17, 2027 and ending on June 14, 2027.
The Transactions are "zero-cost collars" in which no premium was exchanged for either the call options or the put options.
This Transaction is divided into 20 components, the first 19 of which are with respect to 8,308 shares of Series C Liberty Formula One Common Stock and the last of which is with respect to 8,319 shares. The components mature on sequential trading days over the period beginning on May 17, 2027 and ending on June 14, 2027.
The reporting person disclaims beneficial ownership of these securities owned by his spouse.
/s/ Brittany A. Uthoff as Attorney-in-Fact for John C. Malone
2024-06-07