Liberty Live (LLYVK) Form 4 Liberty Media / Malcolm Ian Grant Gilchrist 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^*

Gilchrist Malcolm Ian Grant

(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
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2019

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 A Liberty Braves Common Stock	09/04/2019		M		85	A	$12.35	144(1)	D
Series A Liberty Braves Common Stock	09/04/2019		F		38	D	$27.85	106	D
Series A Liberty Formula One Common Stock	09/04/2019		M		213	A	$12.63	361(2)	D
Series A Liberty Formula One Common Stock	09/04/2019		F		68	D	$39.91	293	D
Series A Liberty SiriusXM Common Stock	09/04/2019		M		854	A	$21.36	1,449(3)	D
Series A Liberty SiriusXM Common Stock	09/04/2019		F		448	D	$40.8	1,001	D

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
Stock Option (Right to Buy) - BATRA	$12.35	09/04/2019		M			85	(4)	12/17/2019	Series A Liberty Braves Common Stock	85	$0.0000	0.0000	D
Stock Option (Right to Buy) - FWONA	$12.63	09/04/2019		M			213	(4)	12/17/2019	Series A Liberty Formula One Common Stock	213	$0.0000	0.0000	D
Stock Option (Right to Buy) - LSXMA	$21.36	09/04/2019		M			854	(4)	12/17/2019	Series A Liberty SiriusXM Common Stock	854	$0.0000	0.0000	D

Explanation of Responses:

1. These holdings were decreased by 29 shares from the Form 4 filed by the reporting person on April 22, 2016 to account for a sale of shares of the Issuer's former parent company that occurred prior to the completion of the Issuer's spin-off from its former parent company in January 2013.

2. These holdings were decreased by 72 shares from the Form 4 filed by the reporting person on April 22, 2016 to account for a sale of shares of the Issuer's former parent company that occurred prior to the completion of the Issuer's spin-off from its former parent company in January 2013.

3. These holdings were decreased by 287 shares from the Form 4 filed by the reporting person on April 22, 2016 to account for a sale of shares of the Issuer's former parent company that occurred prior to the completion of the Issuer's spin-off from its former parent company in January 2013.

4. The derivative security is fully vested.

	/s/ Craig Troyer as Attorney-in-Fact for Malcolm Ian Grant Gilchrist	09/06/2019
	** 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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