X0304 4 2011-11-28 0 0001507934 Liberty Media Corp LMCA 0001195206 TANABE CHARLES Y 12300 LIBERTY BLVD. ENGLEWOOD CO 80112 0 1 0 0 Executive Vice President Series A Liberty Starz Common Stock 2011-11-28 4 D 0 8048 D 0 D Series A Liberty Starz Common Stock 2011-11-28 4 D 0 565 D 0 I By 401(k) Savings Plan Series A Liberty Capital Common Stock 2011-11-28 4 A 0 7092 A 48218 D Series A Liberty Capital Common Stock 2011-11-28 4 A 0 497 A 1405 I By 401(k) Savings Plan Stock Option (right to buy) 33.72 2011-11-28 4 D 0 798 0 D 2014-03-29 Series A Liberty Starz Common Stock 798 0 D Stock Option (right to buy) 38.26 2011-11-28 4 A 0 703 0 A 2014-03-29 Series A Liberty Capital Common Stock 703 703 D Stock Option (right to buy) 36.31 2011-11-28 4 D 0 3234 0 D 2014-12-24 Series A Liberty Starz Common Stock 3234 0 D Stock Option (right to buy) 41.20 2011-11-28 4 A 0 2850 0 A 2014-12-24 Series A Liberty Capital Common Stock 2850 2850 D Stock Option (right to buy) 26.03 2011-11-28 4 D 0 19473 0 D 2015-12-16 Series A Liberty Starz Common Stock 19473 0 D Stock Option (right to buy) 29.54 2011-11-28 4 A 0 17160 0 A 2015-12-16 Series A Liberty Capital Common Stock 17160 17160 D Stock Option (right to buy) 47.70 2011-11-28 4 D 0 19819 0 D 2016-12-17 Series A Liberty Starz Common Stock 19819 0 D Stock Option (right to buy) 54.13 2011-11-28 4 A 0 17465 0 A 2016-12-17 Series A Liberty Capital Common Stock 17465 17465 D Stock Option (right to buy) 51.21 2011-11-28 4 D 0 106182 0 D 2020-03-19 Series A Liberty Starz Common Stock 106182 0 D Stock Option (right to buy) 58.11 2011-11-28 4 A 0 93577 0 A 2020-03-19 Series A Liberty Capital Common Stock 93577 93577 D On November 28, 2011, Liberty Media Corporation ("Liberty") converted all outstanding shares of its Liberty Starz common stock into shares of its Liberty Capital common stock (the "Conversion"). In the Conversion, (i) each outstanding share of Series A Liberty Starz common stock was converted into 0.88129 of a share of Series A Liberty Capital common stock and (ii) each outstanding share of Series B Liberty Starz common stock was converted into 0.88129 of a share of Series B Liberty Capital common stock, with cash paid in lieu of the issuance of fractional shares in each case. The Conversion was effected by action of the Liberty board of directors in accordance with Article IV, Section A.2(b)(ii) of Liberty's restated certificate of incorporation. The number of shares reported as held in the reporting person's 401(k) is based on a statement from the Plan Administrator as of October 31, 2011. All outstanding equity awards with respect to Series A Liberty Starz common stock and Series B Liberty Starz common stock (each such equity award a "LSTZ equity award") were automatically converted into equity awards with respect to Series A Liberty Capital common stock and Series B Liberty Capital common stock, respectively (each such equity award a "LCAP equity award"). Each LCAP equity award remains subject to the terms and conditions of the corresponding LSTZ equity award in all material respects. The number of shares of Liberty Capital common stock subject to such LCAP equity award was determined by multiplying the shares of Liberty Starz common stock subject to the LSTZ equity award by 0.88129. The per share exercise price or per share base price, as applicable, of each LCAP equity award is equal to the per share exercise price or per share base price, respectively, of the LSTZ equity award divided by 0.88129. The option is fully vested. The option vests quarterly over four years, starting on the date the option was originally granted The option vests in three equal installments on June 30, 2013, June 30, 2014 and December 31, 2015. In connection with the completion of the Conversion, on November 29, 2011 the trading symbol for Series A Liberty Capital common stock changed from LCAPA to LMCA and the trading symbol for Series B Liberty Capital common stock changed from LCAPB to LMCB. /s/ Pamela L. Coe as Attorney-in-Fact for Charles Y. Tanabe 2011-11-30