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
- 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.
- 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.
- 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.
- The portion equal to 66.67% of these options vested as of November 4, 2015. The remainder vest on December 31, 2015.
- The derivative security is fully vested.
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