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Filing Details

Accession Number:
0001225208-15-009372
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-04-02 18:50:33
Reporting Period:
2015-03-31
Filing Date:
2015-04-02
Accepted Time:
2015-04-02 18:50:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1611983 Liberty Broadband Corp LBRDA Cable & Other Pay Television Services (4841) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1195195 E Albert Rosenthaler 12300 Liberty Blvd.
Englewood CO 80112
Senior Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Series C Common Stock Acquisiton 2015-03-31 33,499 $33.11 68,437 No 4 M Direct
Series C Common Stock Acquisiton 2015-03-31 3,855 $33.11 72,292 No 4 M Direct
Series C Common Stock Acquisiton 2015-03-31 2,086 $33.11 74,378 No 4 M Direct
Series C Common Stock Disposition 2015-03-31 2,710 $57.35 71,668 No 4 F Direct
Series C Common Stock Disposition 2015-03-31 4,602 $57.34 67,066 No 4 F Direct
Series C Common Stock Disposition 2015-03-31 7,743 $57.36 59,323 No 4 F Direct
Series C Common Stock Disposition 2015-03-31 8,887 $57.33 50,436 No 4 S Direct
Series C Common Stock Disposition 2015-03-31 15,498 $57.25 34,938 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 S Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Series C Common Stock Stock Option - LBRDK (Right to Buy) Disposition 2015-03-31 33,499 $0.00 33,499 $33.11
Series C Common Stock Stock Option - LBRDK (Right to Buy) Disposition 2015-03-31 2,086 $0.00 2,086 $33.11
Series C Common Stock Stock Option - LBRDK (Right to Buy) Disposition 2015-03-31 3,855 $0.00 3,855 $33.11
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,750 2020-03-19 No 4 M Direct
0 2015-12-16 No 4 M Direct
0 2016-12-17 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Series C Common Stock 1,078 Indirect By 401(k) Savings Plan
Footnotes
  1. The price is a weighted average price. These shares were sold in multiple transactions ranging from $57.2620 to $57.3780, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
  2. The number of shares reported as held in the reporting person's 401(k) is based on a statement from the Plan Administator dated as of March 31, 2015.
  3. On November 4, 2014, Liberty Media Corporation ("Liberty") completed the spin-off (the "spin-off") of the Issuer (its former wholly-owned subsidiary), which was effected by the distribution to each holder of its common stock of shares of the corresponding series of the Issuer's common stock. In connection with the completion of the spin-off, all equity awards held by the reporting person with respect to Liberty's common stock (each an "Original LMC Award") were adjusted pursuant to the anti-dilution provisions of the incentive plans under which the equity awards were granted, such that the reporting person received (i) an adjustment to the exercise price or base price, as applicable, and number of shares relating to the Original LMC Award and (ii) an equity award relating to shares of the corresponding series of the Issuer's common stock. These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
  4. The portion equal to 66.67% of these options vested as of November 4, 2015. The remainder vest on December 31, 2015.
  5. The derivative security is fully vested.