Formula One (FWONA) Form 4 Liberty Media / JOHN C MALONE 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^*

MALONE JOHN C

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
Chairman of the Board

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2020

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 SiriusXM Common Stock	05/29/2020		M		133,067	A	$25.47	14,160,322	D
Series C Liberty SiriusXM Common Stock	06/01/2020		M		701,579	A	$25.47	14,861,901	D
Series C Liberty SiriusXM Common Stock	06/01/2020		M		78,016	A	$25.47	828,723	I	By Spouse(1)
Series C Liberty SiriusXM Common Stock	06/01/2020		M		575,000	A	$25.47	575,000	I	John C. Malone 1997 Charitable Remainder Unitrust
Series C Liberty SiriusXM Common Stock	06/01/2020		M		250,974	A	$25.47	839,890	I	John C. Malone June 2003 Charitable Remainder Unitrust
Series C Liberty SiriusXM Common Stock	05/29/2020		M		575,000	A	$25.47	575,000	I	Malone Starz 2015 Charitable Remainder Trust
Series C Liberty SiriusXM Common Stock								129(2)	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
Subscription Right (Right to Buy) - LSXMK(3)	$25.47	05/29/2020		M			133,067	(4)	(5)	Series C Liberty SiriusXM Common Stock	133,067	$0.0000	701,579	D
Subscription Right (Right to Buy) - LSXMK(3)	$25.47	06/01/2020		M			701,579	(4)	(5)	Series C Liberty SiriusXM Common Stock	701,579	$0.0000	0.0000	D
Subscription Right (Right to Buy) - LSXMK(3)	$25.47	06/01/2020		M			78,016	(4)	(5)	Series C Liberty SiriusXM Common Stock	78,016	$0.0000	0.0000	I	By Spouse(1)
Subscription Right (Right to Buy) - LSXMK(3)	$25.47	06/01/2020		M			575,000	(4)	(5)	Series C Liberty SiriusXM Common Stock	575,000	$0.0000	0.0000	I	John C. Malone 1997 Charitable Remainder Unitrust
Subscription Right (Right to Buy) - LSXMK(3)	$25.47	06/01/2020		M			250,974	(4)	(5)	Series C Liberty SiriusXM Common Stock	250,974	$0.0000	0.0000	I	John C. Malone June 2003 Charitable Remainder Unitrust
Subscription Right (Right to Buy) - LSXMK(3)	$25.47	05/29/2020		M			575,000	(4)	(5)	Series C Liberty SiriusXM Common Stock	575,000	$0.0000	0.0000	I	Malone Starz 2015 Charitable Remainder Trust

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of these shares owned by his spouse.

2. 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 May 31, 2020.

3. The rights offering is subject to termination or extension by the Issuer at any time prior to consummation.

4. The rights offering commenced on May 18, 2020.

5. The rights offering will expire at 5:00 p.m., New York City time, on June 5, 2020 unless extended by the Issuer.

	/s/ Craig Troyer as Attorney-in-Fact for John C. Malone	06/02/2020
	** 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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