Sec Form 4 Filing - MAFFEI GREGORY B @ Liberty Media Corp - 2020-06-08

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MAFFEI GREGORY B
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
X __ Officer (give title below) _____ Other (specify below)
President, CEO
(Last) (First) (Middle)
12300 LIBERTY BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
06/08/2020
(Street)
ENGLEWOOD, CO80112
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 SiriusXM Common Stock 06/08/2020 A 209,290 A ( 1 ) $ 0 ( 1 ) 3,294,703 D
Series C Liberty SiriusXM Common Stock 38,683 ( 2 ) I By 401(k) Savings Plan
Series C Liberty SiriusXM Common Stock 383,378 I Maven 2017 - 2 GRAT ( 3 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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-LSXMK ( 4 ) ( 5 ) 06/08/2020 A 229 06/17/2020 06/17/2020 Series C Liberty SiriusXM Common Stock 229 $ 0 229 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MAFFEI GREGORY B
12300 LIBERTY BOULEVARD
ENGLEWOOD, CO80112
X President, CEO
Signatures
/s/ Craig Troyer as Attorney-in-Fact for Gregory B. Maffei 06/10/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents an award of restricted stock which will fully vest on June 17, 2020. In connection with the Issuer's recently completed rights offering to purchase shares of Series C Liberty SiriusXM common stock ("LSXMK"), holders of stock options relating to shares of Series A or Series C Liberty SiriusXM common stock received a grant of restricted shares of LSXMK to account for the impact on the value of the common stock underlying these options. These grants of restricted shares were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
( 2 )The number of shares reported as held in the reporting person's 401(k) is based on a statement from the Plan Administrator dated as of May 31, 2020.
( 3 )The reporting person is the sole trustee of the grantor retained annuity trust, for the benefit of himself, his spouse and his children.
( 4 )Represents an award of restricted stock units which will fully vest on June 17, 2020. In connection with the Issuer's recently completed rights offering to purchase shares of LSXMK, holders of restricted stock units relating to shares of Series A or Series C Liberty SiriusXM common stock received a grant of restricted stock units with respect to LSXMK to account for the impact on the value of the common stock underlying these restricted stock units. These grants of restricted stock units were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
( 5 )Each restricted stock unit represents a contingent right to receive one share of Series C Liberty SiriusXM common stock.

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).
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