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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
1% sr. exchangeable debentures due 2043 (obligation to sell) | (1) (2) | 09/09/2013 | S(1)(2) | $ 400,000,000 | (2) | 09/28/2043 | Common Stock | 5,383,200 | $ 400,000,000 | $ 400,000,000 (1) | I | Held through wholly owned subsidiary |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Liberty Interactive Corp 12300 LIBERTY BOULEVARD ENGLEWOOD, CO 80112 |
X |
Richard N. Baer, Senior Vice President and General Counsel | 09/11/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On September 9, 2013, a wholly owned subsidiary of the reporting person sold $400,000,000 aggregate principal amount of its 1% senior exchangeable debentures due 2043 to qualified institutional buyers in a private sale pursuant to Rule 144A. Each $1,000 principal amount of the debentures is initially exchangeable for 13.4580 shares of the issuer's common stock. Upon exchange at the option of the holder, the reporting person may elect physical or cash settlement or a combination thereof. |
(2) | Exchangeable at the option of the holders at any time after the occurrence of certain triggering events, based on: (i) after March 31, 2014, (x) the closing price of the issuer's common stock and/or (y) the trading price of the debentures compared to the aggregate trading price of the underlying shares of the issuer's common stock; (ii) during specified periods in connection with a call by the reporting person of the debentures or the occurrence of a "fundamental change"; (iii) at any time on or after July 7, 2016 until October 3, 2016; and (iv) at any time on or after July 2, 2043 until September 28, 2043. |