Liberty Live (LLYVK) 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)
03/06/2019

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 C Liberty Braves Common Stock	03/07/2019		A		12,279(1)	A	$0.0000	641,102	D
Series C Liberty Braves Common Stock	03/07/2019		F		5,401	D	$27.73	635,701	D
Series C Liberty Formula One Common Stock	03/07/2019		A		85,590(2)	A	$0.0000	854,856(3)	D
Series C Liberty Formula One Common Stock	03/07/2019		F		37,643	D	$33.94	817,213	D
Series C Liberty Braves Common Stock								3,780(4)	I	By 401(k) Savings Plan
Series C Liberty Formula One Common Stock								9,467(4)	I	By 401(k) Savings Plan

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
Restricted Stock Units-BATRK	(5)	03/06/2019		A		1,842		03/11/2019	03/11/2019	Series C Liberty Braves Common Stock	1,842	$0.0000	1,842	D
Restricted Stock Units-FWONK	(6)	03/06/2019		A		12,839		03/11/2019	03/11/2019	Series C Liberty Formula One Common Stock	12,839	$0.0000	12,839	D
Stock Option (Right to Buy) - BATRK	$27.73	03/06/2019		A		6,908		03/06/2019	03/06/2026	Series C Liberty Braves Common Stock	6,908	$0.0000	6,908	D
Stock Option (Right to Buy) - FWONK	$33.94	03/06/2019		A		20,798		03/06/2019	03/06/2026	Series C Liberty Formula One Common Stock	20,798	$0.0000	20,798	D
Stock Option (Right to Buy) - FWONK	$33.94	03/06/2019		A		205,149		12/31/2019	03/06/2026	Series C Liberty Formula One Common Stock	205,149	$0.0000	205,149	D
Stock Option (Right to Buy) - LSXMK	$40.53	03/06/2019		A		94,913		03/06/2019	03/06/2026	Series C Liberty SiriusXM Common Stock	94,913	$0.0000	94,913	D
Stock Option (Right to Buy) - LSXMK	$40.53	03/06/2019		A		396,283		12/31/2019	03/06/2026	Series C Liberty SiriusXM Common Stock	396,283	$0.0000	396,283	D

Explanation of Responses:

1. Represents shares of Series C Liberty Braves common stock issued upon satisfaction of performance criteria established for the performance-based restricted stock units granted to the reporting person on March 5, 2018.

2. Represents shares of Series C Liberty Formula One common stock issued upon satisfaction of performance criteria established for the performance-based restricted stock units granted to the reporting person on March 5, 2018.

3. These holdings were increased by one share from the Form 4 filed by the reporting person on December 11, 2018, as the result of an accounting reconciliation.

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 February 28, 2019.

5. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Braves common stock.

6. Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Formula One common stock.

	/s/ Craig Troyer as Attorney-in-Fact for Gregory B. Maffei	03/08/2019
	** Signature of Reporting Person	Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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