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    SEC Form 4: Chang Derek converted options into 103 units of Series C Liberty Braves Common Stock, converted options into 424 units of Series C Liberty Formula One Common Stock and converted options into 627 units of Series C Liberty SiriusXM Common Stock

    12/14/21 5:19:06 PM ET
    $BATRA
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    Consumer Discretionary
    Get the next $BATRA alert in real time by email
    SEC FORM 4 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
    OMB APPROVAL
    OMB Number: 3235-0287
    Estimated average burden
    hours per response: 0.5
      
    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*
    CHANG DEREK

    (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)
    X Director 10% Owner
    Officer (give title below) Other (specify below)
    3. Date of Earliest Transaction (Month/Day/Year)
    12/10/2021
    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
    Series C Liberty Braves Common Stock 12/10/2021 M 103 A $0(1) 103 D
    Series C Liberty Formula One Common Stock 12/10/2021 M 424 A $0(2) 424 D
    Series C Liberty SiriusXM Common Stock 12/10/2021 M 627 A $0(3) 627 D
    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-BATRK (4) 12/10/2021 M 103 12/10/2021 12/10/2021 Series C Liberty Braves Common Stock 103 $0.0000 0.0000 D
    Restricted Stock Units-FWONK (5) 12/10/2021 M 424 12/10/2021 12/10/2021 Series C Liberty Formula One Common Stock 424 $0.0000 0.0000 D
    Restricted Stock Units-LSXMK (6) 12/10/2021 M 627 12/10/2021 12/10/2021 Series C Liberty SiriusXM Common Stock 627 $0.0000 0.0000 D
    Explanation of Responses:
    1. Each restricted stock unit converted into one share of Series C Liberty Braves common stock.
    2. Each restricted stock unit converted into one share of Series C Liberty Formula One common stock.
    3. Each restricted stock unit converted into one share of Series C Liberty SiriusXM common stock.
    4. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Braves common stock.
    5. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Formula One common stock.
    6. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty SiriusXM common stock.
    /s/ Brittany A. Uthoff as Attorney-in-Fact for Derek Chang 12/14/2021
    ** 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.
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