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SEC 1474 POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTIONS OF INFORMATION
(02-02) CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
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FORM 4 OMB APPROVAL
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[ ] CHECK THIS BOX IF NO OMB Number: 3235-0287
LONGER SUBJECT TO Expires: January 31, 2005
SECTION 16. FORM 4 Estimated average burden
OR FORM 5 OBLIGATIONS hours per response.... 0.5
MAY CONTINUE. SEE --------------------------
INSTRUCTION 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
LIBERTY MEDIA CORPORATION On Command Corporation (ONCO) to Issuer (Check all applicable)
--------------------------------------------- ---------------------------------------------- Director X 10% Owner
(Last) (First) (Middle) 3. IRS Identification 4. Statement for ---- ---
Number of Reporting Month/Year Officer (give Other (Specify
12300 LIBERTY BLVD. Person, if an entity 04/2002 ---- title --- below)
--------------------------------------------- (voluntary) ------------------- below)
(Street) 5. If Amendment,
ENGLEWOOD, CO 80112 84-1288730 Date of Original
--------------------------------------------- -------------------- (Month/Year) --------------------------------
(City) (State) (Zip) 7. Individual or Joint/Group Filing
------------- (Check Applicable Line)
X Form filed by One Reporting
--- Person
Form filed by More than One
--- Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ ------------------------------------ Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr. 4)
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Common Stock 04/01/2002 J (1) (1) (1) 19,404,365 I(1) By majority
owned
subsidiary(1)
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Series B Preferred Stock 04/01/2002 J (1) (1) (1) 15,000 I(1) By majority
owned
subsidiary(1)
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Series C Preferred Stock 04/01/2002 J (1) (1) (1) 10,000 I(1) By majority
owned
subsidiary(1)
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FORM 4 (CONTINUED)
TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Series A Warrants $15.27/sh 4/1/2002 J (1) (1) Immed. 10/7/2003 Common Stock 1,123,792 (1)
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Series D Preferred Stock $7.55/sh 4/1/2002 J (1) (1) 12/31/2002 6/30/2011 Common Stock 7,947,018 (1)
(2)
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Series B Warrants $15.27/sh N/A N/A N/A N/A Immed. 10/7/2003 Common Stock 40 N/A
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9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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1,123,792(1) I By majority
owned subsidiary
(1)
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60,000(1) I By majority
owned subsidiary
(1)
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40(3) I By wholly owned
subsidiary
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Explanation of Responses:
SEE ATTACHED PAGE FOR FOOTNOTES.
/s/ Elizabeth M. Markowski May 9, 2002
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**Signature of Reporting Person Date
Name: Elizabeth M. Markowski
Title: Senior Vice President
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
See Instruction 6 for procedure.
ATTACHMENT TO FORM 4
Name and Address of Reporting Person: LIBERTY MEDIA CORPORATION
12300 Liberty Boulevard
Englewood, Colorado 80112
Issuer Name and Ticker or Trading Symbol: On Command Corporation
(ONCO)
Statement for Month/Year: 04/2002
Explanation of Responses:
(1) The Reporting Person is filing this Form 4 because of the change in its
indirect ownership of the securities covered hereby (other than 125 shares of
Common Stock and the Series B Warrants, which are owned by a wholly owned
subsidiary of the Reporting Person) as a result of the transfer of Ascent
Entertainment Group, Inc., a wholly-owned subsidiary of the Reporting Person and
direct owner of such securities ("Ascent"), to a non-wholly-owned subsidiary of
the Reporting Person. This transaction may be deemed to constitute a reduction
in the Reporting Person's indirect pecuniary interest in such shares. On April
1, 2002, pursuant to a Purchase Agreement dated as of August 16, 2001, as
amended, by and among Liberty Satellite & Technology, Inc. ("LSAT"), the
Reporting Person, only for certain limited purposes, and another entity, all of
the shares of Ascent were transferred by the Reporting Person to LSAT. Following
this transaction, the Reporting Person is the owner of 84.1% of the outstanding
common stock of LSAT and 100% of LSAT's outstanding preferred stock, including
both convertible and nonconvertible preferred stock with an aggregate stated
value of $300 million.
(2) The Issuer is required to redeem all outstanding shares of Series D
Preferred Stock on June 30, 2011. At any time prior to that time and on or after
December 31, 2002, each share of Series D Preferred Stock, with a stated value
per share of $1,000, may be converted into 132.4503 fully paid and
non-assessable shares of Common Stock.
(3) Due to a clerical error, the Reporting Person had previously reported owning
39 Series B Warrants.
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