Filing Details

Accession Number:
0000950170-24-036129
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-25 20:58:46
Reporting Period:
2024-03-21
Accepted Time:
2024-03-25 20:58:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1560385 Liberty Media Corp LSXMK () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
315090 E Warren Buffett 3555 Farnam Street
Omaha NE 68131
No No No No
1067983 Berkshire Hathaway Inc 3555 Farnam Street
Omaha NE 68131
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Series C Liberty Siriusxm Common Stock Acquisiton 2024-03-21 333,916 $28.92 56,944,193 No 4 P Indirect See footnotes
Series C Liberty Siriusxm Common Stock Acquisiton 2024-03-22 742,859 $28.75 57,687,052 No 4 P Indirect See footnotes
Series C Liberty Siriusxm Common Stock Acquisiton 2024-03-25 199,664 $28.82 57,886,716 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
No 4 P Indirect See footnotes
No 4 P Indirect See footnotes
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.6650 to $29.1200. The Reporting Persons undertake to provide Liberty Media Corporation ("Liberty"), any security holder of Liberty, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 1 to this Form 4.
  2. 43,108,394 of the total reported shares of Series C Liberty SiriusXM Common Stock are owned as of March 25, 2024 by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): Government Employees Insurance Company (36,708,758), National Fire & Marine Insurance Company (650,480), and National Indemnity Company (5,749,156). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all such shares presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, such shares presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  3. 14,778,322 of the total reported shares of Series C Liberty SiriusXM Common Stock are owned as of March 25, 2024 by the following pension plans of Berkshire's subsidiaries: Berkshire Hathaway Consolidated Pension Plan (10,244,748), BNSF Master Retirement Trust (3,014,156), Precision Castparts Corp. Master Trust (1,319,418), and Scott Fetzer Collective Investment Trust (200,000). Each of Berkshire, Mr. Buffett and these pension plans disclaims beneficial ownership in such shares.
  4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.6150 to $28.9500. The Reporting Persons undertake to provide Liberty, any security holder of Liberty, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 4 to this Form 4.
  5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.6950 to $29.1500. The Reporting Persons undertake to provide Liberty, any security holder of Liberty, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 5 to this Form 4.