FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
MAFFEI GREGORY B
   2. Issuer Name and Ticker or Trading Symbol
Liberty Interactive Corp [LINTA] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, CEO
(Last)
(First)
(Middle)
12300 LIBERTY BOULEVARD		 3. Date of Earliest Transaction (Month/Day/Year)
08/14/2012
(Street)

ENGLEWOOD, CO 80112		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) - LINTA $ 16.02 08/14/2012   J(1)   76,368 (2)     (3) 03/02/2013(4) Series A Liberty Interactive Common Stock 76,368 $ 0 76,368 D  
Stock Option (right to buy) - LINTA $ 21.84 08/14/2012   J(1)   441,817 (2)     (3) 03/29/2014(4) Series A Liberty Interactive Common Stock 441,817 $ 0 441,817 D  
Stock Option (right to buy) - LINTA $ 15.35 08/14/2012   J(1)   1,343,915 (2)     (3) 11/08/2012(4) Series A Liberty Interactive Common Stock 1,343,915 $ 0 1,343,915 D  
Stock Option (right to buy) - LINTA $ 2.65 08/14/2012   J(1)   1,339,587 (2)     (5) 12/16/2015(4) Series A Liberty Interactive Common Stock 1,339,587 $ 0 1,339,587 D  
Stock Option (right to buy) - LINTA $ 9.32 08/14/2012   J(1)   8,524,685 (2)     (6) 12/17/2019(4) Series A Liberty Interactive Common Stock 8,524,685 $ 0 8,524,685 D  
Stock Option (right to buy) - LINTA $ 18.12 08/14/2012   J(1)   446,089 (2)     (3) 12/24/2014(4) Series A Liberty Interactive Common Stock 446,089 $ 0 446,089 D  
Stock Option (right to buy) - LVNTA $ 41.75 08/14/2012   A(1)   3,815 (2)     (3) 03/02/2013(4) Series A Liberty Ventures Common Stock 3,815 $ 0 3,815 D  
Stock Option (right to buy) - LVNTA $ 56.91 08/14/2012   A(1)   22,113 (2)     (3) 03/29/2014(4) Series A Liberty Ventures Common Stock 22,113 $ 0 22,113 D  
Stock Option (right to buy) - LVNTA $ 40 08/14/2012   A(1)   67,112 (2)     (3) 11/08/2012(4) Series A Liberty Ventures Common Stock 67,112 $ 0 67,112 D  
Stock Option (right to buy) - LVNTA $ 6.89 08/14/2012   A(1)   66,950 (2)     (5) 12/16/2015(4) Series A Liberty Ventures Common Stock 66,950 $ 0 66,950 D  
Stock Option (right to buy) - LVNTA $ 24.29 08/14/2012   A(1)   426,218 (2)     (6) 12/17/2019(4) Series A Liberty Ventures Common Stock 426,218 $ 0 426,218 D  
Stock Option (right to buy) - LVNTA $ 47.21 08/14/2012   A(1)   22,513 (2)     (3) 12/24/2014(4) Series A Liberty Ventures Common Stock 22,513 $ 0 22,513 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MAFFEI GREGORY B
12300 LIBERTY BOULEVARD
ENGLEWOOD, CO 80112		   X     President, CEO  

Signatures

 Craig Troyer as Attorney-in-Fact for Gregory B. Maffei   08/16/2012
**Signature of Reporting Person Date

Explanation of Responses:

* 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 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.
(2) 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.
(3) The derivative security is fully vested.
(4) 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.
(5) The options vest quarterly over four years from the date the options were originally granted.
(6) The options were granted on December 17, 2009, and vest 50% on December 17, 2013, and 50% on December 17, 2014.
 
Remarks:
poamaflic.txt

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