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QVC Group, Inc. — Director's Dealing 2012
Aug 16, 2012
34089_dirs_2012-08-16_5c4164b3-cd1c-4b47-807e-0e263b263569.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Liberty Interactive Corp (LINTA)
CIK: 0001355096
Period of Report: 2012-08-14
Reporting Person: MALONE EVAN DANIEL (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-14 | Stock Option (right to buy) - LINTA | $12.4300 | J | 3592.0000 | Acquired | 2015-08-13 | Series A Liberty Interactive Common Stock (3592.0000) | Direct |
| 2012-08-14 | Stock Option (right to buy) - LINTA | $13.9000 | J | 11889.0000 | Acquired | 2018-12-15 | Series A Liberty Interactive Common Stock (11889.0000) | Direct |
| 2012-08-14 | Stock Option (right to buy) - LINTA | $2.6500 | J | 15609.0000 | Acquired | 2015-12-16 | Series A Liberty Interactive Common Stock (15609.0000) | Direct |
| 2012-08-14 | Stock Option (right to buy) - LVNTA | $32.3800 | A | 179.0000 | Acquired | 2015-08-13 | Series A Liberty Ventures Common Stock (179.0000) | Direct |
| 2012-08-14 | Stock Option (right to buy) - LVNTA | $36.2100 | A | 593.0000 | Acquired | 2018-12-15 | Series A Liberty Ventures Common Stock (593.0000) | Direct |
| 2012-08-14 | Stock Option (right to buy) - LVNTA | $6.8900 | A | 780.0000 | Acquired | 2015-12-16 | Series A Liberty Ventures Common Stock (780.0000) | Direct |
Footnotes
F1: On August 9, 2012, the Issuer completed a transaction (the "Transaction") whereby it distributed, by means of a dividend, to each holder of its Liberty Interactive common stock (i) 0.05 of a share of the corresponding series of Liberty Ventures common stock for each share of that series of Liberty Interactive common stock held by such holder as of the distribution record date and (ii) 1/3 of a subscription right to purchase one share of Series A Liberty Ventures common stock for each share of Liberty Ventures common stock received by such holder in the distribution. See footnote (2) herein for the continuation of the description of the reported transaction.
F2: In connection with the completion of the Transaction, all equity awards held by the Reporting Person with respect to Series A and Series B Liberty Interactive common stock (each an "Original Interactive Award") were adjusted pursuant to the anti-dilution provisions of the incentive plans under which the equity awards were granted, such that the Reporting Person received (i) an adjustment to the exercise price or base price, as applicable, and number of shares relating to the Original Interactive Award (as so adjusted, an "Adjusted Interactive Award") and (ii) an equity award relating to shares of the corresponding series of Liberty Ventures common stock (a "Ventures Award"). These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
F3: The derivative security is fully vested.
F4: Except as set forth on this Form 4, (i) the terms of the Adjusted Interactive Award will, in all material respects, be the same as those of the corresponding Original Interactive Award and (ii) the terms of the Ventures Award will, in all material respects, be the same as those of the corresponding Original Interactive Award.
F5: The options were granted on December 15, 2011, and vest 100% on December 15, 2013.