UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

​

Washington, D.C. 20549

​

FORM 8-K

CURRENT REPORT

​

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

​

Date of Report (date of earliest event reported): March 9, 2022

​

LIBERTY MEDIA CORPORATION

(Exact name of registrant as specified in its charter)

​

12300 Liberty Blvd.

Englewood, Colorado 80112

(Address of principal executive offices and zip code)

Registrant's telephone number, including area code: (720) 875-5400

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

​

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

​

​

​

​

​

​

Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

​

On March 9, 2022, David E. Rapley resigned from the board of directors (the “Board”) of Liberty Media Corporation (the “Company”), effective April 4, 2022.  In connection with his resignation from the Board, effective April 4, 2022, Mr. Rapley will no longer serve as a member of the Compensation Committee of the Board or as Chair of the Nominating and Corporate Governance Committee of the Board.  Mr. Rapley’s resignation as a member of the Board was not the result of any dispute or disagreement with the Company. Following Mr. Rapley’s resignation and effective April 5, 2022, (i) Larry Romrell will serve as a member of the Compensation Committee and will step down as a member of the Nominating and Corporate Governance Committee, and (ii) Derek Chang will serve as the Chair of the Nominating and Corporate Governance Committee. The Board has determined that each of Mr. Romrell and Mr. Chang qualifies as an independent director for purposes of the rules of The Nasdaq Stock Market as well as applicable rules and regulations adopted by the Securities and Exchange Commission.

​

​

​

SIGNATURE

​

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

​

Date: March 11, 2022

​

​