Director Romrell Larry E exercised 4,101 units of Series C Liberty Formula One Common Stock at a strike of $34.99, covered exercise/tax liability with 1,537 units of Series C Liberty Formula One Common Stock, exercised 1,779 units of Series C Liberty Live Common Stock at a strike of $42.99 and covered exercise/tax liability with 1,073 units of Series C Liberty Live Common Stock, decreasing direct ownership by 25% to 10,616 units (SEC Form 4)