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| FORM 3 | U.S. SECURITIES AND EXCHANGE COMMISSION
+--------+ Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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*
Liberty Media Corporation
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(Last) (First) (Middle)
9197 South Peoria Street
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(Street)
Englewood, Colorado 80112
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year) 10/27/00
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3. IRS or Social Security Number of Reporting Person
(Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Liberty Satellite & Technology, Inc. (OTC BB: LSATA.OB & LSATB.OB).
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5. Relationship of Reporting Person to Issuer (Check all applicable)
___ Director ___ Officer X 10% Owner ___ Other
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(give title below) (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable line)
X Form filed by One Reporting Person
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____ Form filed by More than One Reporting Person
Table I--Non-Derivative Securities Beneficially Owned
<TABLE>
<CAPTION>
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1. Title 2. Amount of 3. Ownership Form: 4. Nature of
of Securities Bene- Direct (D) or Indirect Bene-
Security ficially Owned Indirect (I) ficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5)
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<S> <C> <C> <C>
Series A common Stock 663,968 I By liberty LSAT, Inc. a subsidiary
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Series A common Stock 995,953 I By liberty LSAT II, Inc. a
subsidiary
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Series A common Stock 1,790,499 I By liberty TSAT, Inc. a subsidiary
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Series A Common Stock 539,831 I By Liberty TP Management, Inc.,
an indirect subsidiary
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Series B Common Stock 3,322,658 I By Liberty TP Management, Inc.,
an indirect subsidiary
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Series A Cumulative 150,000 I By Liberty LSAT II, Inc., a
Preferred Stock subsidiary
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Table II--Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities 4. Conversion 5. Ownership 6. Nature of In-
Security (Instr. 4) cisable and Underlying Derivative Security or Form of direct Bene-
Expiration (Instr. 4) Exercise Derivative ficial
Date Price Security: Ownership
(Month/Day/ of Direct (D) (Instr. 5)
Year) Derivative or In-
---------------------------------------------------- Security direct (I)
Date Expira- Amount or (Instr. 5)
Exer- tion Title Number of
cisable Date Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
Series B Cumulative 03/16/ Series B Common (1) (1) I By Liberty LSAT,
Convertible Voting 2002 Stock Inc., a
Preferred Stock subsidiary
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Explanation of Responses:
(1) On and after March 16, 2002, at the option of the holder, each share of
Series B Preferred Stock will be convertible into 113.1145 shares of Series
B Common Stock; provided that such conversion ratio is subject to
adjustment in certain circumstances, including cumulation of dividends,
distributions or dividends on, splits, combinations or reclassifications
of, and certain issuances of shares of, the Series B Common Stock. Assuming
no such adjustments, the Series B Preferred Stock held by the reporting
person will be convertible into 16,967,175 shares of Series B Common Stock.
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LIBERTY MEDIA CORPORATION
By: /s/ Vivian J. Carr November 6, 2000
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Name: Vivian J. Carr Date
Title: Senior Vice President
** 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.
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