QVC Group, Inc. — Director's Dealing 2010

Sep 14, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIBERTY MEDIA CORP (LSTZA)
CIK: 0001355096
Period of Report: 2010-09-10

Reporting Person: TANABE CHARLES Y (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-10	Series A Liberty Starz Common Stock	M	510	$24.36	Acquired	10419	Direct
2010-09-10	Series A Liberty Starz Common Stock	S	510	$61.00	Disposed	9909	Direct
2010-09-10	Series A Liberty Starz Common Stock	M	2392	$33.72	Acquired	12301	Direct
2010-09-10	Series A Liberty Starz Common Stock	S	2392	$61.00	Disposed	9909	Direct
2010-09-10	Series A Liberty Starz Common Stock	M	8085	$36.31	Acquired	17994	Direct
2010-09-10	Series A Liberty Starz Common Stock	S	8085	$61.00	Disposed	9909	Direct
2010-09-10	Series A Liberty Starz Common Stock	M	7302	$26.03	Acquired	17211	Direct
2010-09-10	Series A Liberty Starz Common Stock	S	7302	$61.00	Disposed	9909	Direct
2010-09-10	Series A Liberty Starz Common Stock	M	3303	$47.70	Acquired	13212	Direct
2010-09-10	Series A Liberty Starz Common Stock	S	3303	$61.00	Disposed	9909	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-10	Stock Option (right to buy)	$24.36	M	510	Disposed	2013-02-28	Series A Liberty Starz Common Stock (510)	Direct
2010-09-10	Stock Option (right to buy)	$33.72	M	2392	Disposed	2014-03-29	Series A Liberty Starz Common Stock (2392)	Direct
2010-09-10	Stock Option (right to buy)	$36.31	M	8085	Disposed	2014-12-24	Series A Liberty Starz Common Stock (8085)	Direct
2010-09-10	Stock Option (right to buy)	$26.03	M	7302	Disposed	2015-12-16	Series A Liberty Starz Common Stock (7302)	Direct
2010-09-10	Stock Option (right to buy)	$47.70	M	3303	Disposed	2016-12-17	Series A Liberty Starz Common Stock (3303)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Liberty Starz Common Stock	61	Indirect
Series A Liberty Starz Common Stock	448	Indirect

Footnotes

F1: The shares were sold pursuant to a limit order of $61.00.

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 August 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: The options were granted on 3/29/07 and vest quarterly over four years.

F6: The options were granted on 12/24/07 and vest quarterly over four years.

F7: The options were granted on 12/16/08 and vest quarterly over four years.

F8: The options were granted on 12/17/09 and vest quarterly over four years.