QVC Group, Inc. — Director's Dealing 2021

Dec 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Qurate Retail, Inc. (QRTEA)
CIK: 0001355096
Period of Report: 2021-12-10

Reporting Person: GEORGE MICHAEL A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-10	Series A Common Stock	M	423403.0000	—	Acquired	2236332.0000	Direct
2021-12-10	Series A Common Stock	F	184096.0000	$8.1200	Disposed	2052236.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-10	Restricted Stock Units - QRTEA	$	M	423403.0000	Disposed	2021-12-10	Series A Common Stock (423403.0000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy) - QRTEA	$10.7700	2025-08-15	Series A Common Stock (1184334.0000)	1184334.0000	Direct
Stock Option (right to buy) - QRTEA	$12.6200	2022-12-31	Series A Common Stock (3458652.0000)	3458652.0000	Direct

Footnotes

F1: Each restricted stock unit converted into one share of Series A Common Stock.

F2: Each restricted stock unit represents a contingent right to receive one share of Series A Common Stock.

F3: This stock option award was previously reported as an option relating to 947,754 shares of the Issuer's Series A common stock at an exercise price of $13.51 per share and was adjusted as a result of the Dividends (as defined in the Remarks section). In connection with the Dividends, all common stock options held by the reporting person were adjusted pursuant to the anti-dilution provisions of the incentive plan under which such award was granted, such that the reporting person received an adjustment to (i) the exercise price and (ii) the number of shares relating to such option. These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended ("Rule 16b-3").

F4: This stock option award was previously reported as an option relating to 2,757,029 shares of the Issuer's Series A common stock at an exercise price of $15.84 per share and was adjusted as a result of the Dividends. In connection with the Dividends, all common stock options held by the reporting person were adjusted pursuant to the anti-dilution provisions of the incentive plan under which such award was granted, such that the reporting person received an adjustment to (i) the exercise price and (ii) the number of shares relating to such option. These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3.