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
- 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.
- 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.