Formula One (FWONK) 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

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

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)
12/06/2021

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 Formula One Common Stock	12/08/2021		M		1,493	A	$17.71	2,976	D
Series C Liberty Formula One Common Stock	12/08/2021		M		1,311	A	$30.49	4,287	D
Series C Liberty Formula One Common Stock	12/08/2021		F		1,085	D	$61.22	3,202	D
Series C Liberty Formula One Common Stock	12/08/2021		S		1,719	D	$61.2217	1,483	D
Series C Liberty SiriusXM Common Stock	12/08/2021		S		2,050	D	$48.7309(1)	2,657	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) - BATRK	$27.89	12/06/2021		A		596		12/06/2022	12/06/2028	Series C Liberty Braves Common Stock	596	$0.0000	596	D
Stock Option (Right to Buy) - FWONK	$62.05	12/06/2021		A		2,419		12/06/2022	12/06/2028	Series C Liberty Formula One Common Stock	2,419	$0.0000	2,419	D
Stock Option (Right to Buy) - LSXMK	$49.69	12/06/2021		A		4,223		12/06/2022	12/06/2028	Series C Liberty SiriusXM Common Stock	4,223	$0.0000	4,223	D
Stock Option (Right to Buy) - FWONK	$17.71	12/08/2021		M			1,493	(2)	12/17/2022	Series C Liberty Formula One Common Stock	1,493	$0.0000	0.0000	D
Stock Option (Right to Buy) - FWONK	$30.49	12/08/2021		M			1,311	12/12/2017	12/12/2023	Series C Liberty Formula One Common Stock	1,311	$0.0000	0.0000	D

Explanation of Responses:

1. The price is a weighted average price. These shares were sold in multiple transactions ranging from $48.7305 to $48.7550, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, 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 derivative security is fully vested.

	/s/ Brittany A. Uthoff as Attorney-in-Fact for Malcolm Ian Grant Gilchrist	12/08/2021
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.