Filing Details

Accession Number:
0001209191-15-004189
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-01-14 16:12:06
Reporting Period:
2015-01-13
Filing Date:
2015-01-14
Accepted Time:
2015-01-14 16:12:06
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
1429074 Mast Capital Management, Llc 200 Clarendon Street
51St Floor
Boston MA 02116
No No Yes No
1429076 J. David Steinberg 200 Clarendon Street
51St Floor
Boston MA 02116
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 Disposition 2015-01-13 336 $14.65 412,989 No 4 S Indirect See Footnote
Class A Common Stock Disposition 2015-01-13 797 $14.65 978,951 No 4 S Indirect See Footnote
Class A Common Stock Disposition 2015-01-13 1,358 $14.65 1,669,503 No 4 S Indirect See Footnote
Class A Common Stock Disposition 2015-01-13 809 $14.65 993,665 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
Footnotes
  1. The filing of this Form 4 shall not be construed as an admission that MAST Capital Management, LLC ("MAST Capital") or David J. Steinberg, the principal of MAST Capital, is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Class A common stock (the "Common Stock") of General Communications, Inc. (the "Issuer") purchased by certain private investment funds advised by MAST Capital (collectively, the "MAST Accounts"). Pursuant to Rule 16a-1, both MAST Capital and Mr. Steinberg disclaim such beneficial ownership except to the extent of such person's pecuniary interest.
  2. Mast Admiral Master Fund LP, for which MAST Capital is the investment manager, holds 412,989 shares of Common Stock of the Issuer. David J. Steinberg reports the Common Stock held indirectly by MAST Capital because, as the principal of MAST Capital at the time of purchase, he controlled the disposition and voting of the securities. MAST Capital has the right to an asset-based fee relating the above fund.
  3. Mast Credit Opportunities I Master Fund Limited, for which MAST Capital is the investment manager, holds 978,951 shares of Common Stock of the Issuer. David J. Steinberg reports the Common Stock held indirectly by MAST Capital because, as the principal of MAST Capital at the time of purchase, he controlled the disposition and voting of the securities. MAST Capital has the right to an asset-based fee relating the above fund.
  4. Mast OC I Master Fund LP, for which MAST Capital is the investment manager, holds 1,669,503 shares of Common Stock of the Issuer. David J. Steinberg reports the Common Stock held indirectly by MAST Capital because, as the principal of MAST Capital at the time of purchase, he controlled the disposition and voting of the securities. MAST Capital has the right to an asset-based fee relating the above fund.
  5. Mast Select Opportunities Master Fund LP, for which MAST Capital is the investment manager, holds 993,665 shares of Common Stock of the Issuer. David J. Steinberg reports the Common Stock held indirectly by MAST Capital because, as the principal of MAST Capital at the time of purchase, he controlled the disposition and voting of the securities. MAST Capital has the right to an asset-based fee relating the above fund.