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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MALONE JOHN C
Ìý 2. Issuer Name and Ticker or Trading Symbol
º¬Ð߲ݴ«Ã½. [QRTEA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
12300 LIBERTY BOULEVARD
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2021
(Street)

ENGLEWOOD,ÌýCOÌý80112
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Series A Common Stock 06/03/2021 Ìý A Ìý 28,979,089 A $ 0 (1) 29,800,491 (2) D Ìý
Series B Common Stock (3) 06/03/2021 Ìý D Ìý 26,344,627 D $ 0 (1) 0 D Ìý
Series A Common Stock 06/03/2021 Ìý A Ìý 937,593 A $ 0 (1) 1,313,853 (4) I Leslie A. Malone 1995 Revocable Trust
Series B Common Stock (3) 06/03/2021 Ìý D Ìý 852,358 (5) D $ 0 (1) 0 I Leslie A. Malone 1995 Revocable Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
ÌýDirector Ìý10% Owner ÌýOfficer ÌýOther
MALONE JOHN C
12300 LIBERTY BOULEVARD
ENGLEWOOD,ÌýCOÌý80112
Ìý X Ìý Ìý Ìý

Signatures

Ìý/s/ Brittany A. Uthoff as Attorney-in-Fact for John C. Malone Ìý 06/07/2021
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Pursuant to (i) the Call Agreement and (ii) the Stock Exchange Agreement (each as defined and further described in the Remarks section), the Malone Trusts (as defined in the Remarks section) transferred 27,196,985 shares of Series B Common Stock to the Issuer in exchange for 29,916,682 shares of Series A Common Stock. Under the terms of the Call Agreement, the aggregate call price converts into an equivalent ratio of 1.1 shares of Series A Common Stock for each share of Series B Common Stock with the aggregate number of shares of Series A Common Stock issued to each of the Malone Trusts rounded down to the nearest whole share. This exchange was approved by a committee of the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
(2) Includes 3,756 shares of Series A Common Stock previously reported as held indirectly by a 401(k) savings plan for the benefit of the reporting person that were distributed to the reporting person and are now owned directly.
(3) Each share of Series B Common Stock is convertible, at the holder's election, into one share of Series A Common Stock, at any time for no consideration other than the surrender of the share of Series B Common Stock for each share of Series A Common Stock.
(4) Includes 376,260 shares of Series A Common Stock held by the Leslie A. Malone 1995 Revocable Trust that were previously reported as indirectly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
(5) Consists of shares of Series B Common Stock held by the Leslie A. Malone 1995 Revocable Trust that were previously reported as indirectly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
Ìý
Remarks:
TheÌýCallÌýAgreement,ÌýdatedÌýFebruaryÌý9,Ìý1998,ÌýamongÌýtheÌýIssuer,ÌýasÌýsuccessor-in-interestÌýtoÌýtheÌýassigneeÌýofÌýTele-Communications,ÌýInc.,ÌýtheÌýreportingÌýpersonÌýandÌýhisÌýspouseÌý(theÌý"CallÌýAgreement"),ÌýprovidedÌýtheÌýIssuerÌýwithÌýtheÌýrightÌýtoÌýacquireÌýall,ÌýbutÌýnotÌýlessÌýthanÌýall,ÌýofÌýtheÌýSeriesÌýBÌýCommonÌýStockÌýofÌýtheÌýIssuerÌýbeneficiallyÌýownedÌýbyÌýtheÌýreportingÌýperson,ÌýhisÌýspouseÌýandÌýcertainÌýtrustsÌýforÌýtheÌýbenefitÌýofÌýeachÌýofÌýthemÌý(theÌý"MaloneÌýTrusts"),ÌýamongÌýothers,ÌýatÌýaÌýperÌýshareÌýpriceÌýequalÌýtoÌýtheÌýlowerÌýofÌý(x)ÌýtheÌý$14.00ÌýperÌýshareÌýpriceÌýstatedÌýinÌýtheÌýofferÌýdeliveredÌýtoÌýtheÌýreportingÌýpersonÌýbyÌýMr.ÌýGregoryÌýB.ÌýMaffeiÌýonÌýMayÌý18,Ìý2021Ìý(theÌý"Offer")ÌýorÌý(y)Ìý110%ÌýofÌýtheÌýaverageÌýclosingÌýpricesÌýofÌýaÌýshareÌýofÌýSeriesÌýAÌýCommonÌýStockÌýofÌýtheÌýIssuerÌýforÌýtheÌý30ÌýconsecutiveÌýtradingÌýdaysÌýendingÌýonÌýMayÌý17,Ìý2021Ìý(withÌýtheÌýpriceÌýcalculatedÌýpursuantÌýtoÌýclauseÌý(y)ÌýequalÌýtoÌý$13.62ÌýperÌýshareÌý(theÌý"CallÌýPrice"))Ìý(theÌý"CallÌýRight").ÌýÌýOnÌýMayÌý18,Ìý2021,ÌýtheÌýreportingÌýpersonÌýprovidedÌýwrittenÌýnoticeÌýtoÌýtheÌýIssuerÌýofÌýhisÌýdesireÌýtoÌýacceptÌýtheÌýOffer,ÌýsubjectÌýtoÌýcertainÌýconditions,ÌýandÌýonÌýJuneÌý2,Ìý2021,ÌýtheÌýIssuerÌýdeliveredÌýwrittenÌýnoticeÌýtoÌýtheÌýreportingÌýpersonÌýtoÌýexerciseÌýtheÌýCallÌýRightÌýandÌýtoÌýpayÌýtheÌýperÌýshareÌýCallÌýPriceÌýrequiredÌýbyÌýtheÌýCallÌýAgreementÌýinÌýsharesÌýofÌýSeriesÌýAÌýCommonÌýStockÌýofÌýtheÌýIssuer.ÌýÌýOnÌýJuneÌý3,Ìý2021,ÌýtheÌýIssuer,ÌýtheÌýreportingÌýperson,ÌýhisÌýspouseÌýandÌýtheÌýMaloneÌýTrusts,ÌýamongÌýothers,ÌýenteredÌýintoÌýaÌýStockÌýExchangeÌýAgreementÌý(theÌý"StockÌýExchangeÌýAgreement")ÌýtoÌýeffectÌýtheÌýclosingÌýofÌýtheÌýCallÌýRightÌýexercise.ÌýExhibitÌý24:ÌýPowerÌýofÌýAttorney.

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