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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BENNETT ROBERT R
2. Issuer Name and Ticker or Trading Symbol

Liberty Media Corp [ LSXMA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

12300 LIBERTY BOULEVARD
3. Date of Earliest Transaction (MM/DD/YYYY)

12/10/2021
(Street)

ENGLEWOOD, CO 80112
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Series C Liberty Braves Common Stock 12/10/2021  M  248.0000 A$0 (1)1404.0000 (2)D  
Series C Liberty Formula One Common Stock 12/10/2021  M  1147.0000 A$0 (3)2796.0000 (4)D  
Series C Liberty SiriusXM Common Stock 12/10/2021  M  1640.0000 A$0 (5)8238.0000 (6)D  
Series C Liberty Braves Common Stock         7568.0000 I By Hilltop Investments, LLC 
Series C Liberty SiriusXM Common Stock         43170.0000 I By Hilltop Investments, LLC 
Series C Liberty Braves Common Stock         259764.0000 (2)I Hilltop Investments III, LLC 
Series C Liberty Formula One Common Stock         383813.0000 (4)I Hilltop Investments III, LLC 
Series C Liberty SiriusXM Common Stock         1523795.0000 (6)I Hilltop Investments III, LLC 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units-BATRK  (7)12/10/2021  M     248.0000  12/10/2021 12/10/2021 Series C Liberty Braves Common Stock 248.0000 $0.0000 0.0000 D  
Restricted Stock Units-FWONK  (8)12/10/2021  M     1147.0000  12/10/2021 12/10/2021 Series C Liberty Formula One Common Stock 1147.0000 $0.0000 0.0000 D  
Restricted Stock Units-LSXMK  (9)12/10/2021  M     1640.0000  12/10/2021 12/10/2021 Series C Liberty SiriusXM Common Stock 1640.0000 $0.0000 0.0000 D  

Explanation of Responses:
(1) Each restricted stock unit converted into one share of Series C Liberty Braves common stock.
(2) On December 14, 2020, the reporting person transferred 242 shares of Series C Liberty Braves common stock to Hilltop Investments III, LLC, which is wholly owned by the reporting person and his spouse.
(3) Each restricted stock unit converted into one share of Series C Liberty Formula One common stock.
(4) On December 14, 2020, the reporting person transferred 1,039 shares of Series C Liberty Formula One common stock to Hilltop Investments III, LLC, which is wholly owned by the reporting person and his spouse.
(5) Each restricted stock unit converted into one share of Series C Liberty SiriusXM common stock.
(6) On December 14, 2020, the reporting person transferred 1,524 shares of Series C Liberty SiriusXM common stock to Hilltop Investments III, LLC, which is wholly owned by the reporting person and his spouse.
(7) Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Braves common stock.
(8) Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Formula One common stock.
(9) Each restricted stock unit represents a contingent right to receive one share of Series C Liberty SiriusXM common stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
BENNETT ROBERT R
12300 LIBERTY BOULEVARD
ENGLEWOOD, CO 80112
X



Signatures
/s/ Brittany A. Uthoff as Attorney-in-Fact for Robert R. Bennett12/14/2021
**Signature of Reporting PersonDate

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