SEC FORM 4

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

80112

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Liberty Media Corp [ LMCA ]

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)
04/15/2016

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Series A Common Stock	04/15/2016		J⁽¹⁾	V	612,907	D	$0⁽¹⁾	0.0000	D
Series A Liberty Braves Common Stock	04/15/2016		J⁽¹⁾	V	61,290	A	$0⁽¹⁾	61,290	D
Series A Liberty Media Common Stock	04/15/2016		J⁽¹⁾	V	153,226	A	$0⁽¹⁾	153,226	D
Series A Liberty SiriusXM Common Stock	04/15/2016		J⁽¹⁾	V	612,907	A	$0⁽¹⁾	612,907	D
Series B Common Stock⁽²⁾	04/15/2016		J⁽¹⁾	V	8,625,493	D	$0⁽¹⁾	0.0000	D
Series B Liberty Braves Common Stock⁽²⁾	04/15/2016		J⁽¹⁾	V	862,549	A	$0⁽¹⁾	862,549	D
Series B Liberty Media Common Stock⁽²⁾	04/15/2016		J⁽¹⁾	V	2,156,373	A	$0⁽¹⁾	2,156,373	D
Series B Liberty SiriusXM Common Stock⁽²⁾	04/15/2016		J⁽¹⁾	V	8,625,493	A	$0⁽¹⁾	8,625,493	D
Series C Common Stock	04/15/2016		J⁽¹⁾	V	16,804,220	D	$0⁽¹⁾	0.0000	D
Series C Liberty Braves Common Stock	04/15/2016		J⁽¹⁾	V	1,680,422	A	$0⁽¹⁾	1,680,422	D
Series C Liberty Media Common Stock	04/15/2016		J⁽¹⁾	V	4,201,055	A	$0⁽¹⁾	4,201,055	D
Series C Liberty SiriusXM Common Stock	04/15/2016		J⁽¹⁾	V	16,804,220	A	$0⁽¹⁾	16,804,220	D
Series C Common Stock	04/15/2016		J⁽¹⁾	V	530	D	$0⁽¹⁾	0.0000⁽³⁾	I	By 401(k) Savings Plan
Series C Liberty Braves Common Stock	04/15/2016		J⁽¹⁾	V	53	A	$0⁽¹⁾	53⁽³⁾	I	By 401(k) Savings Plan
Series C Liberty Media Common Stock	04/15/2016		J⁽¹⁾	V	132	A	$0⁽¹⁾	132⁽³⁾	I	By 401(k) Savings Plan
Series C Liberty SiriusXM Common Stock	04/15/2016		J⁽¹⁾	V	530	A	$0⁽¹⁾	530⁽³⁾	I	By 401(k) Savings Plan
Series A Common Stock	04/15/2016		J⁽¹⁾	V	101,778	D	$0⁽¹⁾	0.0000⁽⁴⁾	I	By Spouse
Series A Liberty Braves Common Stock	04/15/2016		J⁽¹⁾	V	10,177	A	$0⁽¹⁾	10,177⁽⁴⁾	I	By Spouse
Series A Liberty Media Common Stock	04/15/2016		J⁽¹⁾	V	25,444	A	$0⁽¹⁾	25,444⁽⁴⁾	I	By Spouse
Series A Liberty SiriusXM Common Stock	04/15/2016		J⁽¹⁾	V	101,778	A	$0⁽¹⁾	101,778⁽⁴⁾	I	By Spouse
Series B Common Stock⁽²⁾	04/15/2016		J⁽¹⁾	V	230,564	D	$0⁽¹⁾	0.0000⁽⁴⁾	I	By Spouse
Series B Liberty Braves Common Stock⁽²⁾	04/15/2016		J⁽¹⁾	V	23,056	A	$0⁽¹⁾	23,056⁽⁴⁾	I	By Spouse
Series B Liberty Media Common Stock⁽²⁾	04/15/2016		J⁽¹⁾	V	57,641	A	$0⁽¹⁾	57,641⁽⁴⁾	I	By Spouse
Series B Liberty SiriusXM Common Stock⁽²⁾	04/15/2016		J⁽¹⁾	V	230,564	A	$0⁽¹⁾	230,564⁽⁴⁾	I	By Spouse
Series C Common Stock	04/15/2016		J⁽¹⁾	V	664,684	D	$0⁽¹⁾	0.0000⁽⁴⁾	I	By Spouse
Series C Liberty Braves Common Stock	04/15/2016		J⁽¹⁾	V	66,468	A	$0⁽¹⁾	66,468⁽⁴⁾	I	By Spouse
Series C Liberty Media Common Stock	04/15/2016		J⁽¹⁾	V	166,171	A	$0⁽¹⁾	166,171⁽⁴⁾	I	By Spouse
Series C Liberty SiriusXM Common Stock	04/15/2016		J⁽¹⁾	V	664,684	A	$0⁽¹⁾	664,684⁽⁴⁾	I	By Spouse
Series B Common Stock⁽²⁾	04/15/2016		J⁽¹⁾	V	490,597	D	$0⁽¹⁾	0.0000	I	John C. Malone June 2003 Charitable Remainder Unitrust
Series B Liberty Braves Common Stock⁽²⁾	04/15/2016		J⁽¹⁾	V	49,059	A	$0⁽¹⁾	49,059	I	John C. Malone June 2003 Charitable Remainder Unitrust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Pursuant to the Reclassification and Exchange (as described in the Remarks section), all of the outstanding shares of Liberty Media Corporation's (the "Issuer") Series A common stock, Series B common stock and Series C common stock were reclassified into and exchanged for newly-issued shares of the corresponding series of the Issuer's Liberty SiriusXM common stock, Liberty Braves common stock and Liberty Media common stock (the "tracking stocks"). The Reclassification and Exchange was exempt under Rule 16b-7, and such transactions were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended ("Rule 16b-3").

2. Each share of the Issuer's former Series B common stock was, and newly-issued Series B Liberty SiriusXM common stock, Series B Liberty Braves common stock and Series B Liberty Media common stock is, convertible, at the holder's election, into one share of the Issuer's corresponding former Series A common stock or newly-issued Series A Liberty SiriusXM common stock, Series A Liberty Braves common stock and Series A Liberty Media common stock, respectively, at any time for no consideration other than the surrender of the share of former Series B common stock or newly-issued Series B Liberty SiriusXM common stock, Series B Liberty Braves common stock or Series B Liberty Media common stock for the share of former Series A common stock or newly-issued Series A Liberty SiriusXM common stock, Series A Liberty Braves common stock or Series A Liberty Media common stock, respectively.

3. 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 April 19, 2016.

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

Remarks:

(1) On April 15, 2016, the Issuer effected a reclassification and exchange (the "Reclassification and Exchange") of all of the outstanding shares of its Series A common stock, Series B common stock and Series C common stock for newly-issued shares of the corresponding series of the tracking stocks. In the Reclassification and Exchange, the Issuer reclassified and exchanged (i) each outstanding share of its Series A common stock into and for 1 newly issued share of its Series A Liberty SiriusXM common stock, 0.1 of a newly issued share of its Series A Liberty Braves common stock, and 0.25 of a newly issued share of its Series A Liberty Media common stock; (ii) each outstanding share of its Series B common stock into and for 1 newly issued share of its Series B Liberty SiriusXM common stock, 0.1 of a newly issued share of its Series B Liberty Braves common stock, and 0.25 of a newly issued share of its Series B Liberty Media common stock; and (iii) each outstanding share of its Series C common stock into and for 1 newly issued share of its Series C Liberty SiriusXM common stock, 0.1 of a newly issued share of its Series C Liberty Braves common stock, and 0.25 of a newly issued share of Series C Liberty Media common stock. (2) One of multiple Form 4s filed for this reporting person on April 22, 2016.,Multiple Forms Submitted

	/s/ Craig Troyer as Attorney-in-Fact for John C. Malone	04/22/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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