SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

LIBERTY MEDIA CORP /DE/

(Last)

(First)

(Middle)

12300 LIBERTY BOULEVARD

(Street)

ENGLEWOOD

80112

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/17/2003

3. Issuer Name and Ticker or Trading Symbol
KNOT INC [ KNOT.OB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,025,590⁽¹⁾⁽²⁾	I	By Interactive Technology Holdings LLC⁽¹⁾⁽²⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Options (right to buy)⁽³⁾	⁽⁴⁾	06/15/2011	Common Stock	15,000	$0.43	I	By Interactive Technology Holdings LLC⁽¹⁾⁽²⁾⁽³⁾
Stock Options (right to buy)⁽³⁾	05/15/2003	05/15/2012	Common Stock	5,000	$0.62	I	By Interactive Technology Holdings LLC⁽¹⁾⁽²⁾⁽³⁾
Stock Options (right to buy)⁽³⁾	05/14/2004	05/14/2013	Common Stock	5,000	$1.8	I	By Interactive Technology Holdings LLC⁽¹⁾⁽²⁾⁽³⁾

Explanation of Responses:

1. Interactive Technology Holdings, LLC ("Interactive") owns directly 4,025,590 shares of common stock of the Issuer. QK Holdings, Inc., a wholly owned subsidiary of QVC, Inc. ("QVC"), is the managing member of, and has an approximately 68.6% interest in the profits of, Interactive. On September 17, 2003, the Reporting Person acquired Comcast Corporation's approximately 57% interest in the common stock of QVC, which, when added to the approximately 41% interest in QVC previously beneficially owned by the Reporting Person, resulted in the Reporting Person becoming the beneficial owner of approximately 98% of the outstanding common stock of QVC.

2. The Reporting Person's beneficial ownership of QVC is held through wholly owned subsidiaries as follows: (a) Liberty QVC Holding, LLC owns approximately 19.9% of the outstanding shares of common stock of QVC; (b) LQ VII, Inc. owns approximately 36.7% of the outstanding shares of common stock of QVC and (c) Liberty QVC, Inc., through a series of wholly owned subsidiaries, beneficially owns, in the aggregate, approximately 41.7% of the outstanding shares of common stock of QVC.

3. Represents options to purchase shares of common stock of the Issuer granted to Mr. Randy Ronning, a director of The Knot, Inc. and an officer of QVC. Pursuant to a Nominee Agreement, dated as of July 1, 2001, between Interactive and Mr. Ronning, Interactive is the sole and absolute beneficial owner of all options and shares of common stock of the Issuer received by Mr. Ronning in his capacity as a director of the Issuer. Mr. Ronning is the record owner of all such shares and options and holds such shares and options for the sole benefit of Interactive.

4. The option becomes exercisable in three equal annual installments on June 15, 2002, 2003 and 2004.

	By: /s/ Charles Y. Tanabe, Senior Vice President	10/03/2003
	** 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 5 (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.