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Liberty Media Corporation's Chief Financial Officer just picked up 53,762 shares

Christopher W Shean, Liberty Media Corporation's Chief Financial Officer, recently acquired 53,762 shares of the company. The buys took place at $0.00 per share, on April 15, 2016. Shean now owns 106,879 shares of the company. Shean operates out of Englewood, CO. Some additional info was provided as follows:

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 Reclassifi cation 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"). 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. In connection with the Reclassification and Exchange, all outstanding equity awards with respect to the Issuer's common stock (each such equity award, an "original equity award") were automatically converted pursuant to the anti-dilution provisions of the incentive plan under which such original equity award was granted into equity awards with respect to the corresponding series of each group of the Issuer's tracking stocks (each such equity award, a "new equity award"). The number of shares and the exercise price of each new equity award were determined on April 20, 2016, and such adjustments were designed to preserve the value associated with the original equity awards prior to the Reclassification and Exchange. Otherwise such new equity award remains subject to the terms and conditions of the corresponding original equity award. Such adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3. The derivative security is fully vested. The derivative security vested 33.33% on March 4, 2016, and will vest 33.33% on each of March 4, 2017, and March 4, 2018. The derivative security vests 50% on December 31, 2019, and 50% on December 31, 2020. The derivative security is presently vested as to 33.33% of the award, and will vest 33.33% on each of March 4, 2017, and March 4, 2018.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Major owner of Liberty Media Corporation just picked up 956,663 shares - April 22, 2016
Liberty Media Corporation's Chief Legal Officer just picked up 10,169 shares - April 22, 2016
Liberty Media Corporation director just picked up 19,860 shares - April 22, 2016

Major owner of Liberty Media Corporation just picked up 9,022,519 shares - April 22, 2016