Maffei Gregory B Form 4 Liberty Media / GREGORY B MAFFEI ownership change

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

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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^*

MAFFEI GREGORY B

(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
X	Officer (give title below)	Other (specify below)
President, CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/16/2023

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 A Liberty Formula One Common Stock	08/16/2023		S		170	D	$61.5307(1)	0.0000	I	Sheila Q Maffei 2010 Trust(2)
Series A Liberty Live Common Stock	08/16/2023		S		72	D	$34.0088(3)	0.0000	I	Sheila Q Maffei 2010 Trust(2)
Series A Liberty SiriusXM Common Stock	08/16/2023		S		260	D	$23.6376(4)	0.0000	I	Sheila Q Maffei 2010 Trust(2)
Series C Liberty Formula One Common Stock	08/16/2023		S		170	D	$69.3883(5)	0.0000	I	Sheila Q Maffei 2010 Trust(2)
Series C Liberty Live Common Stock	08/16/2023		S		197	D	$34.0769(6)	0.0000	I	Sheila Q Maffei 2010 Trust(2)
Series C Liberty SiriusXM Common Stock	08/16/2023		S		761	D	$23.9201(7)	0.0000	I	Sheila Q Maffei 2010 Trust(2)
Series A Liberty Formula One Common Stock	08/16/2023		S		181	D	$61.5307(1)	0.0000	I	The Ralph Maffei 2010 Trust(2)
Series A Liberty Live Common Stock	08/16/2023		S		188	D	$34.0088(3)	0.0000	I	The Ralph Maffei 2010 Trust(2)
Series A Liberty SiriusXM Common Stock	08/16/2023		S		725	D	$23.6376(4)	0.0000	I	The Ralph Maffei 2010 Trust(2)
Series C Liberty Formula One Common Stock	08/16/2023		S		362	D	$69.3883(5)	0.0000	I	The Ralph Maffei 2010 Trust(2)
Series C Liberty Live Common Stock	08/16/2023		S		431	D	$34.0769(6)	0.0000	I	The Ralph Maffei 2010 Trust(2)
Series C Liberty SiriusXM Common Stock	08/16/2023		S		1,665	D	$23.9201(7)	0.0000	I	The Ralph Maffei 2010 Trust(2)
Series A Liberty Formula One Common Stock								386,719	D
Series A Liberty Live Common Stock								282,578	D
Series A Liberty SiriusXM Common Stock								1,064,111	D
Series C Liberty Formula One Common Stock								936,606	D
Series C Liberty Live Common Stock								1,091,035	D
Series C Liberty SiriusXM Common Stock								4,203,799	D
Series A Liberty Live Common Stock								110,692	I	Maven 2017 - 2 GRAT
Series A Liberty SiriusXM Common Stock								442,769	I	Maven 2017 - 2 GRAT
Series C Liberty Live Common Stock								97,007	I	Maven 2017 - 2 GRAT
Series C Liberty SiriusXM Common Stock								388,030	I	Maven 2017 - 2 GRAT

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

Explanation of Responses:

1. The price is a weighted average price. These shares were sold in multiple transactions ranging from $61.480 to $61.600, inclusive. The reporting person undertakes to provide to the Securities and ExchangeCommission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

2. The Reporting Person is the successor trustee of the Sheila Q Maffei 2010 Trust and The Ralph Maffei 2010 Trust, which trusts are for the benefit of the estates of Ms. Sheila Maffei and Mr. Ralph Maffei, respectively. The reporting person disclaims any pecuniary interest in the shares held by the Sheila Q Maffei 2010 Trust and The Ralph Maffei 2010 Trust.

3. The price is a weighted average price. These shares were sold in multiple transactions ranging from $34.000 to $34.030, inclusive. The reporting person undertakes to provide to the Securities and ExchangeCommission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

4. The price is a weighted average price. These shares were sold in multiple transactions ranging from $23.580 to $23.665, inclusive. The reporting person undertakes to provide to the Securities and ExchangeCommission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

5. The price is a weighted average price. These shares were sold in multiple transactions ranging from $69.350 to $69.410, inclusive. The reporting person undertakes to provide to the Securities and ExchangeCommission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

6. The price is a weighted average price. These shares were sold in multiple transactions ranging from $34.050 to $34.090, inclusive. The reporting person undertakes to provide to the Securities and ExchangeCommission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

7. The price is a weighted average price. These shares were sold in multiple transactions ranging from $23.880 to $23.955, inclusive. The reporting person undertakes to provide to the Securities and ExchangeCommission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

	/s/ Brittany A. Uthoff as Attorney-in-Fact for Gregory B. Maffei	08/18/2023
	** Signature of Reporting Person	Date
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