Form 4 for BATRA Atlanta Braves Holdings, Inc.
Accepted 2024-08-30 00:00:00 ET · period of report 2024-08-29 · accession 0001225208-24-008318 · 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 | 2024-08-30 | 2024-08-29 | BATRA | Wendling Brian J | CAO, PFO | F - Tax | $43.97 | -1,824 | 20.8K | -8% | -$80.2K |
| D | 2024-08-30 | 2024-08-29 | BATRA | Wendling Brian J | CAO, PFO | A - Grant | $0.00 | +2,130 | 22.6K | +10% | $0 |
| D | 2024-08-30 | 2024-08-29 | BATRA | Wendling Brian J | CAO, PFO | M - OptEx | $0.00 | +3,726 | 20.5K | +22% | $0 |
| D | 2024-08-30 | 2024-08-29 | BATRA | Wendling Brian J | CAO, PFO | M - OptEx | $0.00 | -3,726 | 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 Common Stock | 2024-08-29 | F | D | 1,824 | $43.97 | 20,797 | D | — | — | |
| 2 | Common | Series C Common Stock | 2024-08-29 | A | A | 2,130 | $0.00 | 22,621 | D | — | — | (F2) Represents shares underlying performance-based restricted stock units granted to the Reporting Person on March 11, 2024 that were subject to the satisfaction of performance criteria, the vesting of which was accelerated as explained in Note 4 below. |
| 3 | Common | Series C Common Stock | 2024-08-29 | M | A | 3,726 | $0.00 | 20,491 | D | — | — | (F1) Each restricted stock unit converted into one share of Series C Common Stock ("BATRK"). |
| 4 | Derivative | Restricted Stock Units - BATRK | 2024-08-29 | M | D | 3,726 | $0.00 | 0 | D | — · — to — | 3,726 Series C Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of BATRK. (F4) On August 23, 2024, the Issuer and Liberty Media Corporation ("Liberty Media") announced the transition of various general and administrative services currently provided by Liberty Media to the Issuer (the Services Transition). In connection with the Services Transition, the vesting of the equity awards reported herein was accelerated to August 29, 2024 and, specifically with respect to the acceleration and vesting of performance-based restricted stock units granted to the Reporting Person, such performance-based restricted stock units were deemed satisfied at 100% of "target". |