QVC Group, Inc. — Director's Dealing 2010

Sep 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIBERTY MEDIA CORP (LCAPA)
CIK: 0001355096
Period of Report: 2010-09-01

Reporting Person: ROSENTHALER ALBERT E (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-01	Series A Liberty Capital Common Stock	M	9462	$3.57	Acquired	27827	Direct
2010-09-01	Series A Liberty Capital Common Stock	S	9462	$46.92	Disposed	18365	Direct
2010-09-01	Series A Liberty Starz Common Stock	M	452	$24.36	Acquired	5890	Direct
2010-09-01	Series A Liberty Starz Common Stock	S	452	$60.08	Disposed	5438	Direct
2010-09-01	Series A Liberty Starz Common Stock	M	1267	$33.72	Acquired	6705	Direct
2010-09-01	Series A Liberty Starz Common Stock	S	1267	$60.08	Disposed	5438	Direct
2010-09-01	Series A Liberty Starz Common Stock	M	1286	$36.31	Acquired	6724	Direct
2010-09-01	Series A Liberty Starz Common Stock	S	1286	$60.08	Disposed	5438	Direct
2010-09-01	Series A Liberty Starz Common Stock	M	3895	$26.03	Acquired	9333	Direct
2010-09-01	Series A Liberty Starz Common Stock	S	3895	$60.08	Disposed	5438	Direct
2010-09-01	Series A Liberty Starz Common Stock	M	1761	$47.70	Acquired	7199	Direct
2010-09-01	Series A Liberty Starz Common Stock	S	1761	$60.08	Disposed	5438	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-01	Stock Option (right to buy)	$3.57	M	9462	Disposed	2015-12-16	Series A Liberty Capital Common Stock (9462)	Direct
2010-09-01	Stock Option (right to buy)	$24.36	M	452	Disposed	2013-02-28	Series A Liberty Starz Common Stock (452)	Direct
2010-09-01	Stock Option (right to buy)	$33.72	M	1267	Disposed	2014-03-29	Series A Liberty Starz Common Stock (1267)	Direct
2010-09-01	Stock Option (right to buy)	$36.31	M	1286	Disposed	2014-12-24	Series A Liberty Starz Common Stock (1286)	Direct
2010-09-01	Stock Option (right to buy)	$26.03	M	3895	Disposed	2015-12-16	Series A Liberty Starz Common Stock (3895)	Direct
2010-09-01	Stock Option (right to buy)	$47.70	M	1761	Disposed	2016-12-17	Series A Liberty Starz Common Stock (1761)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Liberty Capital Common Stock	1006	Indirect
Series A Liberty Starz Common Stock	1076	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.87 to $47.01, inclusive. The reporting person undertakes to provide to Liberty Media Corporation, any security holder of Liberty Media Corporation, 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.

F2: The number of shares represents equivalent shares based on the fair market value of the shares of Series A Liberty Capital Common Stock, Series A Liberty Interactive Common Stock and Series A Liberty Starz Common Stock held by the unitized stock fund under the Issuer's 401(k) Savings Plan based on a report from the Plan Administrator dated as of July 31, 2010. The Reporting Person has an interest in the unitized fund, which holds shares of Series A Liberty Capital Common Stock, Series A Liberty Interactive Common Stock, Series A Liberty Starz Common Stock and short-term investments.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.02 to $60.38, inclusive. The reporting person undertakes to provide to Liberty Media Corporation, any security holder of Liberty Media Corporation, 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.

F4: The option was granted on 12/16/2008 and vests quarterly on March 16, June 16, September 16 and December 16 over four years.

F5: The option was granted on 2/28/2006 and vested in full on 2/28/2010.

F6: The option was granted on 3/29/2007 and vests quarterly on June 29, September 29, December 29 and March 29 over four years.

F7: The option was granted on 12/24/2007 and vests quarterly on March 24, June 24, September 24 and December 24 over four years.

F8: The option was granted on 12/16/2008 and vests quarterly on March 16, June 16, September 16 and December 16 over four years.

F9: The option was granted on 12/17/2009 and vests quarterly on March 17, June 17, September 17 and December 17 over four years.