Form 4 for FWONA Liberty Media Corp
Accepted 2024-08-26 00:00:00 ET · period of report 2024-08-23 · accession 0001225208-24-008222 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-08-26 | 2024-08-23 | FWONA | BENNETT ROBERT R | Dir | M - OptEx | $0.00 | +1,596 | 9,503 | +20% | $0 |
| D | 2024-08-26 | 2024-08-23 | FWONA | BENNETT ROBERT R | Dir | M - OptEx | $0.00 | -1,596 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Series C Liberty SiriusXM Common Stock | 2024-08-23 | M | A | 1,596 | $0.00 | 9,503 | D | — | — | (F1) Each restricted stock unit converted into one share of Series C Liberty SiriusXM Common Stock ("LSXMK"). (F2) On December 19, 2023, the reporting person transferred 1,450 shares of LSXMK to Hilltop Investments III, LLC, which is wholly owned by the reporting person and his spouse. |
| 2 | Derivative | Restricted Stock Units-LSXMK | 2024-08-23 | M | D | 1,596 | $0.00 | 0 | D | — · — to — | 1,596 Series C Liberty SiriusXM Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of LSXMK. (F5) As previously disclosed, the Issuer is proposing to separate its Liberty SiriusXM Group on September 9, 2024 by means of a redemptive split-off (the "Transaction") as further discussed in the Remarks section. In connection with the proposed Transaction, the vesting of the equity award reported herein was accelerated to August 23, 2024. |