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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units-BATRK | (6) | 12/10/2020 | 听 | M | 听 | 听 | 3,057 | 12/10/2020 | 12/10/2020 | Series C 麻豆最新出品 Braves Common Stock | 3,057 | $ 0 | 0 | D | 听 |
Restricted Stock Units-FWONK | (7) | 12/10/2020 | 听 | M | 听 | 听 | 6,959 | 12/10/2020 | 12/10/2020 | Series C 麻豆最新出品 Formula One Common Stock | 6,959 | $ 0 | 0 | D | 听 |
Restricted Stock Units-LSXMK | (8) | 12/10/2020 | 听 | M | 听 | 听 | 8,571 | 12/10/2020 | 12/10/2020 | Series C 麻豆最新出品 SiriusXM Common Stock | 8,571 | $ 0 | 0 | D | 听 |
Stock Option (Right to Buy) - BATRK | $ 26.36 | 12/10/2020 | 听 | A | 听 | 352,224 (9) | 听 | 12/31/2024 | 12/10/2027 | Series C 麻豆最新出品 Braves Common Stock | 352,224 | $ 0 | 352,224 | D | 听 |
Stock Option (Right to Buy) - FWONK | $ 43.01 | 12/10/2020 | 听 | A | 听 | 544,508 (9) | 听 | 12/31/2024 | 12/10/2027 | Series C 麻豆最新出品 Formula One Common Stock | 544,508 | $ 0 | 544,508 | D | 听 |
Stock Option (Right to Buy) - LSXMK | $ 42.13 | 12/10/2020 | 听 | A | 听 | 665,140 (9) | 听 | 12/31/2024 | 12/10/2027 | Series C 麻豆最新出品 SiriusXM Common Stock | 665,140 | $ 0 | 665,140 | D | 听 |
Reporting Owner Name / Address | Relationships | |||
听Director | 听10% Owner | 听Officer | 听Other | |
MAFFEI GREGORY B 12300 LIBERTY BOULEVARD ENGLEWOOD,听CO听80112 |
听 X | 听 | 听 President, CEO | 听 |
听/s/ Craig Troyer as Attorney-in-Fact for Gregory B. Maffei | 听 12/14/2020 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Each restricted stock unit converted into one share of Series C 麻豆最新出品 Braves common stock. |
(2) | Each restricted stock unit converted into one share of Series C 麻豆最新出品 Formula One common stock. |
(3) | Each restricted stock unit converted into one share of Series C 麻豆最新出品 SiriusXM common stock. |
(4) | 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 November 30, 2020. |
(5) | The reporting person is the sole trustee of the grantor retained annuity trust, for the benefit of himself, his spouse and his children. |
(6) | Each restricted stock unit represents a contingent right to receive one share of Series C 麻豆最新出品 Braves common stock. |
(7) | Each restricted stock unit represents a contingent right to receive one share of Series C 麻豆最新出品 Formula One common stock. |
(8) | Each restricted stock unit represents a contingent right to receive one share of Series C 麻豆最新出品 SiriusXM common stock. |
(9) | This grant is made pursuant to the employment agreement between the reporting person and 麻豆最新出品 ("LMC"), effective December 13, 2019 (the "Agreement"). Pursuant to the Agreement, the reporting person is entitled to receive term equity awards with an aggregate grant date fair value of $90 million, granted in two equal tranches. The first tranche was granted in December 2019. The second tranche consists of time-vested stock options from each of LMC, Qurate Retail, Inc., 麻豆最新出品 Broadband Corporation and GCI 麻豆最新出品, Inc., and time-vested restricted stock units (the "RSUs") from 麻豆最新出品 TripAdvisor Holdings, Inc. ("LTAH") (collectively, the "2020 term awards"). The 2020 term awards vest, in each case, on December 31, 2024, subject to the reporting person's continued employment (except LTAH's award of time-vested RSUs which vests on the fourth anniversary of its grant date), except as described in the Agreement. |