-------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 3 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 (Print or Type Responses) Section 30(f) of the Investment Company Act of 1940 ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Date of Event Re- 4. Issuer Name and Ticker or Trading Symbol quiring Statement Liberty Satellite & Technology, Inc. (Month/Day/Year) On Command Corporation (ONCO) ------------------------------------------------- ------------------------------------------------------------- (Last) (First) (Middle) 04/01/02 5. Relationship of Reporting Person(s) 6. If Amendment, Date --------------------- to Issuer (Check all applicable) of Original 3. IRS or Social Se- Director X 10% Owner (Month/Day/Year) curity Number of ---- ---- 12300 Liberty Blvd. Reporting Person Officer (give Other (specify --------------------- ------------------------------------------------- (Voluntary) title below) below) 7. Individual or (Street) ---- ---- Joint/Group Filing (Check Applicable Line) --------------------------- Form filed by One Reporting Person --- Form filed by More than One X Reporting Person Englewood, Colorado 80112 --- ------------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial (Instr. 4) Beneficially Owned Form: Direct Ownership (Instr. 5) (Instr. 4) (D) or Indirect (I) (Instr. 5) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 19,404,240 I By Ascent Entertainment Group, Inc. (1) ------------------------------------------------------------------------------------------------------------------------------------ Series B Preferred Stock 15,000 I By Ascent Entertainment Group, Inc. (1) ------------------------------------------------------------------------------------------------------------------------------------ Series C Preferred Stock 10,000 I By Ascent Entertainment Group, Inc. (1) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ (Over) FORM 3 (CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative Security 2. Date Exer- 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of Indirect (Instr. 4) cisable and Underlying Derivative Security sion or ship Beneficial Expiration (Instr. 4) Exercise Form of Ownership Date Price of Deriv- (Instr. 5) (Month/Day/ Deri- ative Year) vative Security: -------------------------------------------------- Security Direct Amount (D) or Date Expir- or Indirect Exer- ation Title Number (I) cisable Date of Shares (Instr. 5) ------------------------------------------------------------------------------------------------------------------------------------ Series A Warrants Immediately October 7, 1,123,792 $15.27 per I By Ascent 2003 Common Stock share Entertainment Group, Inc. (1) ------------------------------------------------------------------------------------------------------------------------------------ Series D Preferred Stock December 31, June 30, 7,947,018 $7.55 per I By Ascent 2002 2011(2) Common Stock share (2) Entertainment Group, Inc.(1) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Explanation of Responses: (1) The shares and Series A Warrants shown are owned by Ascent Entertainment Group, Inc., a Delaware corporation ("Ascent"). Pursuant to a Purchase Agreement dated as of August 16, 2001, as amended, by and among the Reporting Person, Liberty AEG, Inc., a Delaware corporation, and, only for certain limited purposes, Liberty Media Corporation, a Delaware corporation ("Liberty"), the Reporting Person acquired all of the shares of Ascent from a subsidiary of Liberty. By virtue of its control of the Reporting Person, Liberty continues to be a beneficial owner of the securities covered hereby as well. (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, 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. **Intentional misstatements or omissions of facts constitute Federal Liberty Satellite & Technology, Inc. Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). April 10, 2002 By: /s/ Kenneth G. Carroll ------------------- ------------------------------------- Date Name: Kenneth G. Carroll Title: Acting President and CFO Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, SEE Instruction 6 for procedure. Page 2 JOINT FILER INFORMATION NAME: ASCENT ENTERTAINMENT GROUP, INC. ADDRESS: 12300 LIBERTY BLVD. ENGLEWOOD, COLORADO 80112 DESIGNATED FILER: LIBERTY SATELLITE & TECHNOLOGY, INC. ISSUER AND TICKER SYMBOL: ON COMMAND CORPORATION (ONCO) DATE OF EVENT REQUIRING STATEMENT: APRIL 1, 2002 SIGNATURE: ASCENT ENTERTAINMENT GROUP, INC. BY: /s/ ELIZABETH M. MARKOWSKI ----------------------------------- NAME: ELIZABETH M. MARKOWSKI TITLE: SENIOR VICE PRESIDENT AND ASSISTANT SECRETARY