Filing Details

Accession Number:
0001181431-10-051731
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-10-22 14:24:19
Reporting Period:
2010-10-21
Filing Date:
2010-10-22
Accepted Time:
2010-10-22 14:24:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
808461 General Communication Inc GNCMA Telephone Communications (No Radiotelephone) (4813) 920072737
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1428711 Arctic Slope Regional Corp 3900 C Street Suite 801
Anchorage AK 99503
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock, No Par Value Disposition 2010-10-21 7,486,240 $10.16 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. On October 21, 2010, Arctic Slope Regional Corporation ("ASRC") and General Communication, Inc. (the "Issuer") entered into a Stock Purchase Agreement whereby the Issuer purchased 7,486,240 shares of Class A Common Stock, no par value (the "Class A Common Stock"), of the Issuer, which represented all of the outstanding shares of Class A Common Stock held by ASRC, for an aggregate purchase price of $76,031,750.69. The aggregate amount of shares of Class A Common Stock sold by ASRC to the Issuer includes 5,000 shares of Class A Common Stock held by ASRC that were inadvertently excluded from the number of shares previously disclosed on the Form 3 filed by ASRC on April 25, 2008. These excluded 5,000 shares of Class A Common Stock were not the result of a stock purchase.
  2. The aggregate purchase price of $76,031,750.69 was calculated by multiplying 7,486,240 by the average per share volume-weighted price over five consecutive trading days.