Liberty Media Corp — Director's Dealing 2017

May 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Liberty Media Corp (LSXMK)
CIK: 0001560385
Period of Report: 2017-05-26

Reporting Person: WESCHLER, R. TED (Member of 10% owner group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-26	Series C Liberty SiriusXM Common Stock	P	22813	$40.9877	Acquired	30469626	Indirect
2017-05-26	Series C Liberty SiriusXM Common Stock	P	116788	$41.7432	Acquired	30586414	Indirect
2017-05-30	Series C Liberty SiriusXM Common Stock	P	278557	$41.5787	Acquired	30864971	Indirect
2017-05-31	Series C Liberty SiriusXM Common Stock	P	226014	$41.4159	Acquired	31090985	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Series C Liberty SiriusXM Common Stock	542068	Direct
Series C Liberty SiriusXM Common Stock	29600	Indirect
Series C Liberty SiriusXM Common Stock	16544	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $40.40 to $41.39. The reporting person undertakes to provide to Liberty Media Corp ("Liberty"), any security holder of Liberty, 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 set forth in footnotes 1, 3, 4 and 5 to this Form 4.

F2: These shares were acquired by certain subsidiaries and subsidiary benefit plans of Berkshire Hathaway Inc. ("Berkshire"). As a result of an agreement entered into on May 24, 2013 between Berkshire and the reporting person with respect to the reporting person's holdings of, and future transactions in, shares of Series C Liberty SiriusXM Common Stock ("Shares"), Berkshire and the reporting person have agreed to file as a "group" under Section 13 of the Exchange Act. The reporting person disclaims beneficial ownership of Shares owned by Berkshire, Berkshire's subsidiaries and its subsidiary pension plans. This report shall not be deemed an admission that the reporting person is the beneficial owner of any Shares that are not directly owned by the reporting person for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

F3: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $41.40 to $41.90.

F4: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $41.19 to $41.92.

F5: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $41.23 to $41.66.

F6: These Shares are owned by a daughter of the reporting person.

F7: The reporting person has or shares trading authority over these Shares.

F8: The reporting person may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, these Shares. The reporting person disclaims beneficial ownership of these Shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these Shares for purposes of Section 16 of the Exchange Act, or for any other purpose.

F9: These Shares are owned by the Rita E. and Frank J. Weschler Educational Trust, of which the reporting person's daughters are beneficiaries.