<SEC-DOCUMENT>0001225208-23-008280.txt : 20230816
<SEC-HEADER>0001225208-23-008280.hdr.sgml : 20230816
<ACCEPTANCE-DATETIME>20230816174914
ACCESSION NUMBER:		0001225208-23-008280
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230803
FILED AS OF DATE:		20230816
DATE AS OF CHANGE:		20230816

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CHANG DEREK
		CENTRAL INDEX KEY:			0001271943

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35707
		FILM NUMBER:		231179281

	MAIL ADDRESS:	
		STREET 1:		C/O CHARTER COMMUNICATIONS INC
		STREET 2:		12405 POWERCOURT DR
		CITY:			ST LOUIS
		STATE:			MO
		ZIP:			63131

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Liberty Media Corp
		CENTRAL INDEX KEY:			0001560385
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEVISION BROADCASTING STATIONS [4833]
		IRS NUMBER:				371699499
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		12300 LIBERTY BOULEVARD
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80112
		BUSINESS PHONE:		720-875-5400

	MAIL ADDRESS:	
		STREET 1:		12300 LIBERTY BOULEVARD
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80112

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Liberty Spinco, Inc.
		DATE OF NAME CHANGE:	20121015
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">On August 3, 2023, the Issuer effected a reclassification and exchange (the &quot;Reclassification and Exchange&quot;), pursuant to which: (i) each outstanding share of Liberty SiriusXM Common Stock was reclassified into and exchanged for one share of the corresponding series of new Liberty SiriusXM Common Stock and 0.2500 of a share of the corresponding series of new Liberty Live Common Stock, and (ii) each outstanding share of Liberty Formula One Common Stock was reclassified into and exchanged for one share of the corresponding series of new Liberty Formula One Common Stock and 0.0428 of a share of the corresponding series of new Liberty Live Common Stock. The Reclassification and Exchange was exempt pursuant to Rule 16b-7 under the Securities Exchange Act of 1934, as amended (the &quot;Exchange Act&quot;), and such transactions were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Exchange Act (&quot;Rule 16b-3&quot;).</footnote>
        <footnote id="F2">Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Live Common Stock.</footnote>
        <footnote id="F3">In connection with the Reclassification and Exchange, each outstanding option award and restricted stock unit held by the reporting person with respect to the Issuer's Liberty SiriusXM Common Stock and/or with respect to the Issuer's Liberty Formula One Common Stock (together, the &quot;original awards&quot;) was reclassified into and exchanged for a new option award or restricted stock unit, as applicable, with respect to shares of the corresponding series of new Liberty SiriusXM Common Stock or new Liberty Formula One Common Stock, as applicable (together, the &quot;new awards&quot;), and a new Liberty Live option award or restricted stock unit for the corresponding series of Liberty Live Common Stock. See remarks section for additional information regarding the new awards.</footnote>
        <footnote id="F4">Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Formuala One Common Stock.</footnote>
        <footnote id="F5">Each restricted stock unit represents a contingent right to receive one share of Series C Liberty SiriusXM Common Stock.</footnote>
    </footnotes>

    <remarks>The number of shares and the exercise price of each new award were determined on August 8, 2023, and such adjustments were designed to preserve the value associated with the original awards prior to the Reclassification and Exchange. Otherwise such new award remains subject to the terms and conditions of the corresponding original award.  Such adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3.</remarks>

    <ownerSignature>
        <signatureName>/s/ Brittany A. Uthoff as Attorney-in-Fact for Derek Chang</signatureName>
        <signatureDate>2023-08-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
