X0303 4 2011-05-10 0 0001355096 LIBERTY MEDIA CORP LCAPA 0001195197 SHEAN CHRISTOPHER W 12300 LIBERTY BLVD. ENGLEWOOD CO 80112 0 1 0 0 Senior Vice President Series A Liberty Capital Common Stock 2011-05-10 4 M 0 16900 15.96 A 32120 D Series A Liberty Capital Common Stock 2011-05-10 4 M 0 13923 17.26 A 46043 D Series A Liberty Capital Common Stock 2011-05-10 4 S 0 30823 87.59 D 15220 D Series A Liberty Capital Common Stock 3760 I By 401(k) Savings Plan Employee Stock Option (right to buy) 15.96 2011-05-10 4 M 0 16900 0 D 2014-03-29 Series A Liberty Capital Common Stock 16900 0 D Employee Stock Option (right to buy) 17.26 2011-05-10 4 M 0 13923 0 D 2014-12-24 Series A Liberty Capital Common Stock 13923 3218 D The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.25 to $88.00, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The number of shares reported as held in the reporting person's 401(k) is based on a plan statement from the Plan Administrator for the Issuer's 401(k) Savings Plan dated as of April 30, 2011. The stock options became exercisable in equal installments quarterly over four years beginning June 29, 2007. The stock options in this grant, representing a right to purchase a total of 17,141 shares, became exercisable in equal installments quarterly over four years beginning March 24, 2008. /s/ Christopher W. Shean 2011-05-12