QVC Group, Inc. — Director's Dealing 2010

Aug 20, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIBERTY MEDIA CORP (LCAPA)
CIK: 0001355096
Period of Report: 2010-08-18

Reporting Person: TANABE CHARLES Y (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-18	Series A Liberty Capital Common Stock	M	14000	$11.93	Acquired	86609	Direct
2010-08-18	Series A Liberty Capital Common Stock	S	14000	$47.57	Disposed	72609	Direct
2010-08-18	Series A Liberty Capital Common Stock	M	10208	$11.27	Acquired	82817	Direct
2010-08-18	Series A Liberty Capital Common Stock	S	10208	$47.57	Disposed	72609	Direct
2010-08-18	Series A Liberty Capital Common Stock	M	35484	$3.57	Acquired	108093	Direct
2010-08-18	Series A Liberty Capital Common Stock	S	35484	$47.57	Disposed	72609	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-18	Stock Option (right to buy)	$11.93	M	14000	Disposed	2012-08-02	Series A Liberty Capital Common Stock (14000)	Direct
2010-08-18	Stock Option (right to buy)	$11.27	M	10208	Disposed	2013-02-28	Series A Liberty Capital Common Stock (10208)	Direct
2010-08-18	Stock Option (right to buy)	$3.57	M	35484	Disposed	2015-12-16	Series A Liberty Capital Common Stock (35484)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Sreies A Liberty Capital Common Stock	153	Indirect
Series A Liberty Capital Common Stock	908	Indirect

Footnotes

F1: The price reflects a weighted average price. The shares were sold in multiple transactions at prices ranging from $47.34 to $47.90, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

F2: The Reporting Person disclaims beneficial ownership of these shares owned by his spouse.

F3: 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.

F4: 100% of the options exercised were exercisable on the transaction date.

F5: 100% of the options exercised were exercisable on the transaction date; 59,141 options under this grant are unvested as of the date of this filing.