X0306 4 2016-11-09 0001669600 Liberty Expedia Holdings, Inc. LEXEA 0001195195 ROSENTHALER ALBERT E 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112 1 Chief Corp. Dev. Officer Stock Option (right to buy) - LEXEA 40.4900 2016-11-09 5 J 0 12225.0000 0.0000 A 2022-03-04 Series A Common Stock 12225.0000 12225.0000 D Stock Option (right to buy) - LEXEA 40.4900 2016-11-09 5 J 0 27124.0000 0.0000 A 2023-03-04 Series A Common Stock 27124.0000 27124.0000 D Stock Option (right to buy) - LEXEA 22.5400 2016-11-09 5 J 0 8796.0000 0.0000 A 2020-03-19 Series A Common Stock 8796.0000 8796.0000 D Stock Option (right to buy) - LEXEA 15.0200 2016-11-09 5 J 0 6317.0000 0.0000 A 2020-03-19 Series A Common Stock 6317.0000 6317.0000 D This stock option was granted as a result of the adjustments described in this footnote. In connection with the completion of the Redemption (as defined in the Remarks section), all option awards held by the reporting person with respect to Liberty Interactive Corporation's ("Liberty") Liberty Ventures common stock (each, a "Pre-Split Ventures Award") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the option awards were granted, such that the reporting person received (i) an adjustment to the exercise price and number of shares relating to the Pre-Split Ventures Award and (ii) an option relating to shares of the corresponding series of Liberty Expedia Holdings, Inc.'s (the "Issuer") common stock ("Post-Split LEXE Award"). These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. The options were granted on March 4, 2015; 33.33% vested on March 4, 2016, 33.33% will vest on March 4, 2017, and 33.33% will vest on March 4, 2018. Except as set forth on this Form 4, the terms of the Post-Split LEXE Award will, in all material respects, be the same as those of the corresponding Pre-Split Ventures Award. The options were granted on March 4, 2015; 50% will vest on December 31, 2019, and 50% will vest on December 31, 2020. The derivative security is fully vested. On November 4, 2016, Liberty redeemed (the "Redemption") a portion of the shares of its Liberty Ventures common stock for shares of common stock of the Issuer. In the Redemption, Liberty redeemed (i) 0.4 of each outstanding share of its Series A Liberty Ventures common stock for 0.4 of a share of the Issuer's Series A common stock and (ii) 0.4 of each outstanding share of its Series B Liberty Ventures common stock for 0.4 of a share of the Issuer's Series B common stock (in each case, with cash paid in lieu of any fractional shares). /s/ Craig Troyer as Attorney-in-Fact for Albert E. Rosenthaler 2016-11-14