Albert E. Rosenthaler - Mar 17, 2023 Form 4 Insider Report for Qurate Retail, Inc. (QRTEA)

Signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for Albert E. Rosenthaler
Stock symbol
QRTEA
Transactions as of
Mar 17, 2023
Transactions value $
-$16,704
Form type
4
Date filed
3/21/2023, 04:44 PM
Previous filing
Mar 17, 2023
Next filing
Jun 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRTEA Series A Common Stock Sale -$16.7K -18.1K -8.34% $0.92 199K Mar 17, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of shares of Series A Common Stock pursuant to a performance-based restricted stock unit granted on March 10, 2022. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the reporting person.
F2 The price is a weighted average price. These shares were sold in multiple transactions ranging from $0.8849 to $0.9868, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F3 The Issuer has eliminated Series A Common Stock as an investment alternative available under the Liberty Media 401(k) Savings Plan (the "Plan"). Subsequently, in March 2023, the 35,604 shares of Series A Common Stock the reporting person beneficially owned under the Plan were liquidated.