SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
(Amendment No. 1)
Statement of
GREGORY B. MAFFEI
Pursuant to Section 13(d) of the Securities Exchange Act of 1934
in respect of
LIBERTY EXPEDIA HOLDINGS, INC.
(
LEMS I LLC as successor by merger to Liberty Expedia Holdings, Inc
.)
This Report on Schedule 13D relates to the Series A common stock, par value $0.01 per share (the
Series A Common Stock
), and Series B common stock, par value $0.01 per share (the
Series B Common Stock
and, together with the Series A Common Stock, the
Common Stock
), of Liberty Expedia Holdings, Inc., a Delaware corporation (the
Issuer
). The Report on Schedule 13D originally filed with the Securities and Exchange Commission (the
SEC
) by the Reporting Person, Mr. Gregory B. Maffei (
Mr. Maffei
or the
Reporting Person
), on December 21, 2018 (the
Schedule 13D
), is hereby amended and supplemented to include the information set forth herein.
This amended statement to the Schedule 13D (this
Amendment
) constitutes Amendment No. 1 to the Schedule 13D (the Schedule 13D, as amended by the Amendment, collectively, the
Statement
). This Amendment is the final amendment to the Schedule 13D and an exit filing for the Reporting Person. Capitalized terms not defined herein have the meanings given to such terms in the Schedule 13D. Except as set forth herein, the Schedule 13D is unmodified.
Item 4.
Purpose of the Transaction
Item 4 of the Schedule 13D is amended and supplemented to include the following information:
On July 26, 2019, Expedia Group, Inc. (
Expedia Group
) completed its previously announced combination (the
Combination
) with the Issuer, which was effected by (i) a merger of LEMS II Inc. (
Merger Sub
), a Delaware corporation and wholly owned subsidiary of LEMS I LLC (
Merger LLC
), with and into the Issuer (the
Merger
) with the Issuer surviving as a wholly owned subsidiary of Merger LLC and (ii) the merger of the Issuer (as the surviving corporation in the Merger) with and into Merger LLC (the
Upstream Merger
), with Merger LLC surviving the Upstream Merger as a wholly owned subsidiary of Expedia Group. In accordance with the terms and conditions of the Agreement and Plan of Merger (the
Merger Agreement
), dated as of April 15, 2019, by and among Expedia Group, Merger LLC, Merger Sub and the Issuer, as amended, each share of Series A Common Stock and Series B Common Stock was converted into the right to receive 0.36 of a share of Expedia Group common stock (the
Merger Consideration
). Prior to the consummation of the Merger, the Reporting Person, a grantor retained annuity trust (the
Trust
) and the Maffei Foundation collectively beneficially owned approximately 1.7% of the outstanding shares of Series A Common Stock and approximately 12.8% of the outstanding shares of Series B Common Stock.
Item 5. Interest in Securities of the Issuer
The information set forth in Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:
(a)
Mr. Maffei beneficially owns no shares of Series A Common Stock or Series B Common Stock.
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(b)
Not applicable.
(c)
Other than as described in this Amendment, Mr. Maffei, the Trust and the Maffei Foundation have not executed any transactions in respect of Common Stock within the last sixty days.
(d)
Not applicable.
(e)
Mr. Maffei, the Trust and the Maffei Foundation ceased to be the beneficial owners of more than five percent of the Common Stock on July 26, 2019.
Item 6.
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
Item 6 of the Schedule 13D is hereby amended and supplemented to include the following information:
On July 26, 2019, Expedia Group completed its previously announced combination with the Issuer, which was effected by the Merger and the Upstream Merger. As a result, all shares of Common Stock beneficially owned by the Reporting Person were converted into the right to receive the Merger Consideration subject to the terms and conditions of the Merger Agreement.
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