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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 *
MAFFEI GREGORY B
Ìý 2. Issuer Name and Ticker or Trading Symbol
Liberty Interactive Corp [LINTA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, CEO
(Last)
(First)
(Middle)
12300 LIBERTY BLVD.
3. Date of Earliest Transaction (Month/Day/Year)
09/23/2011
(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 Liberty Capital Common Stock 09/23/2011 Ìý J(1) Ìý 522,322 D (1) 0 D Ìý
Series A Liberty Capital Common Stock 09/23/2011 Ìý J(1) Ìý 2,343 (2) D (1) 0 I By 401(k) Savings Plan
Series A Liberty Starz Common Stock 09/23/2011 Ìý J(1) Ìý 42,261 D (1) 0 D Ìý
Series A Liberty Starz Common Stock 09/23/2011 Ìý J(1) Ìý 3,665 (2) D (1) 0 I By 401(k) Savings Plan

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
Stock Option (right to buy) $ 10.88 09/23/2011 Ìý J(3) Ìý Ìý 275,000 Ìý (4) 11/08/2012 Series A Liberty Capital Common Stock 275,000 $ 0 0 D Ìý
Stock Option (right to buy) $ 11.36 09/23/2011 Ìý J(3) Ìý Ìý 15,625 Ìý (4) 03/02/2013 Series A Liberty Capital Common Stock 15,625 $ 0 0 D Ìý
Stock Option (right to buy) $ 15.96 09/23/2011 Ìý J(3) Ìý Ìý 112,600 Ìý (4) 03/29/2014 Series A Liberty Capital Common Stock 112,600 $ 0 0 D Ìý
Stock Option (right to buy) $ 17.26 09/23/2011 Ìý J(3) Ìý Ìý 114,606 Ìý (5) 12/24/2014 Series A Liberty Capital Common Stock 114,606 $ 0 0 D Ìý
Stock Option (right to buy) $ 3.57 09/23/2011 Ìý J(3) Ìý Ìý 333,747 Ìý (5) 12/16/2015 Series A Liberty Capital Common Stock 333,747 $ 0 0 D Ìý
Stock Option (right to buy) $ 23.28 09/23/2011 Ìý J(3) Ìý Ìý 1,353,000 Ìý (6) 12/17/2019 Series A Liberty Capital Common Stock 1,353,000 $ 0 0 D Ìý
Stock Option (right to buy) $ 23.57 09/23/2011 Ìý J(3) Ìý Ìý 110,000 Ìý (4) 11/08/2012 Series A Liberty Starz Common Stock 110,000 $ 0 0 D Ìý
Stock Option (right to buy) $ 24.53 09/23/2011 Ìý J(3) Ìý Ìý 6,250 Ìý (4) 03/02/2013 Series A Liberty Starz Common Stock 6,250 $ 0 0 D Ìý
Stock Option (right to buy) $ 33.72 09/23/2011 Ìý J(3) Ìý Ìý 45,040 Ìý (4) 03/29/2014 Series A Liberty Starz Common Stock 45,040 $ 0 0 D Ìý
Stock Option (right to buy) $ 36.31 09/23/2011 Ìý J(3) Ìý Ìý 45,842 Ìý (5) 12/24/2014 Series A Liberty Starz Common Stock 45,842 $ 0 0 D Ìý
Stock Option (right to buy) $ 26.03 09/23/2011 Ìý J(3) Ìý Ìý 137,365 Ìý (5) 12/16/2015 Series A Liberty Starz Common Stock 137,365 $ 0 0 D Ìý
Stock Option (right to buy) $ 47.70 09/23/2011 Ìý J(3) Ìý Ìý 760,000 Ìý (6) 12/17/2019 Series A Liberty Starz Common Stock 760,000 $ 0 0 D Ìý

Reporting Owners

Reporting Owner Name / Address Relationships
ÌýDirector Ìý10% Owner ÌýOfficer ÌýOther
MAFFEI GREGORY B
12300 LIBERTY BLVD.
ENGLEWOOD,ÌýCOÌý80112
Ìý X Ìý Ìý President, CEO Ìý

Signatures

Ìý/s/ Gregory B. Maffei Ìý 09/27/2011
**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) On September 23, 2011, the Issuer (formerly known as Liberty Media Corporation) redeemed (the "Redemption") all of the shares of its Liberty Capital common stock and Liberty Starz common stock for shares of common stock of Liberty Media Corporation (formerly known as Liberty CapStarz, Inc., "Splitco"). In the Redemption, the Issuer redeemed (i) each outstanding share of its Series A Liberty Capital common stock for one share of Splitco's Series A Liberty Capital common stock, (ii) each outstanding share of its Series B Liberty Capital common stock for one share of Splitco's Series B Liberty Capital common stock, (iii) each outstanding share of its Series A Liberty Starz common stock for one share of Splitco's Series A Liberty Starz common stock, and (iv) each outstanding share of its Series B Liberty Starz common stock for one share of Splitco's Series B Liberty Starz common stock.
(2) The number of shares reported as held in the reporting person's 401(k) is based on a statement from the Plan Administrator dated as of August 31, 2011.
(3) All outstanding equity awards with respect to the Issuer's Series A Liberty Capital common stock, Series B Liberty Capital common stock, Series A Liberty Starz common stock and Series B Liberty Starz common stock (each such equity award an "original equity award") were automatically converted into equity awards with respect to Splitco's Series A Liberty Capital common stock, Series B Liberty Capital common stock, Series A Liberty Starz common stock and Series B Liberty Starz common stock, respectively (each such equity award a "new equity award). Each new equity award remains subject to the terms and conditions of the corresponding original equity award.
(4) The option is fully vested.
(5) The option vests quarterly over four years, starting on the grant date.
(6) The option vests in two equal installments on December 17, 2013 and December 17, 2014.
Ìý
Remarks:
TheÌýtradingÌýsymbolÌýforÌýSplitco'sÌýSeriesÌýAÌýLibertyÌýCapitalÌýCommonÌýStockÌýisÌýLCAPAÌý[LCPAD]ÌýandÌýSeriesÌýAÌýLibertyÌýStarzÌýCommonÌýStockÌýisÌýLSTZAÌý[LSTAD].ÌýTemporaryÌýtradingÌýsymbolsÌýinÌýeffectÌýfromÌýSeptemberÌý26,Ìý2011ÌýtoÌýSeptemberÌý30,Ìý2011ÌýareÌýindicatedÌýinÌýbrackets.

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