LIBERTY SATELLITE & TECHNOLOGY INC 4
4 · LIBERTY SATELLITE & TECHNOLOGY INC · Filed Nov 14, 2003
Insider Transaction Report
Form 4
LIBERTY MEDIA CORP /DE/
10% Owner
Transactions
- Other
Series A Common Stock
2003-11-12−8,145,659→ 10,000 total(indirect: By subsidiary) - Other
Series B Common Stock
2003-11-12−34,332,265→ 10,000 total(indirect: By subsidiary)
Footnotes (2)
- [F1]On 11/12/03, Liberty Satellite Acquisition Co. ("Merger Sub"), an indirectly controlled subsidiary of Reporting Person, merged with and into Issuer with Issuer as the surviving corporation in the merger. Immediately prior to the effective time of the merger, Merger Sub held 8,145,659 shares of Series A common stock and 34,332,265 shares of Series B common stock of the Issuer. At the effective time of the merger, each publicly held share of Series A and Series B common stock of the Issuer was converted into the right to receive .2750 shares of Series A common stock of the Reporting Person and cash in lieu of a fractional share; all of Issuer's outstanding common stock was canceled and retired; and, each share of common stock of the Merger Sub was converted into one share of common stock of the surviving corporation. Reporting Person directly and indirectly beneficially owns 10,000 shares of common stock of the surviving corporation.
- [F2]Subsequent to the merger, Issuer's Series A and Series B common stock was delisted from the NASDAQ National Market and Issuer filed Form 15 with the Securities and Exchange Commission.