Filing Details

Accession Number:
0001225208-16-023915
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-01-07 18:32:18
Reporting Period:
2016-01-05
Filing Date:
2016-01-07
Accepted Time:
2016-01-07 18:32:18
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
1241852 N Richard Baer 12300 Liberty Blvd.
Englewood CO 80112
Chief Legal Officer 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 A Common Stock Acquisiton 2016-01-05 12,883 $32.81 16,598 No 4 M Direct
Series A Common Stock Disposition 2016-01-05 100 $50.49 16,498 No 4 S Direct
Series A Common Stock Disposition 2016-01-05 1,293 $49.85 15,205 No 4 S Direct
Series A Common Stock Disposition 2016-01-05 12,783 $49.70 2,422 No 4 S Direct
Series C Common Stock Acquisiton 2016-01-05 23,673 $32.80 33,088 No 4 M Direct
Series C Common Stock Disposition 2016-01-05 200 $50.58 32,888 No 4 S Direct
Series C Common Stock Disposition 2016-01-05 2,587 $50.00 30,301 No 4 S Direct
Series C Common Stock Disposition 2016-01-05 23,473 $49.83 6,828 No 4 S Direct
Series A Common Stock Acquisiton 2016-01-06 403 $32.81 2,825 No 4 M Direct
Series A Common Stock Disposition 2016-01-06 403 $49.53 2,422 No 4 S Direct
Series C Common Stock Acquisiton 2016-01-06 3,178 $32.80 10,006 No 4 M Direct
Series C Common Stock Disposition 2016-01-06 3,178 $49.55 6,828 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Series A Common Stock Stock Option - LBRDA (Right to Buy) Disposition 2016-01-05 12,883 $0.00 12,883 $32.81
Series C Common Stock Stock Option - LBRDK (Right to Buy) Disposition 2016-01-05 23,673 $0.00 23,673 $32.80
Series A Common Stock Stock Option - LBRDA (Right to Buy) Disposition 2016-01-06 403 $0.00 403 $32.81
Series C Common Stock Stock Option - LBRDK (Right to Buy) Disposition 2016-01-06 3,178 $0.00 3,178 $32.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
13,691 2022-11-08 No 4 M Direct
30,029 2022-11-08 No 4 M Direct
13,288 2022-11-08 No 4 M Direct
26,851 2022-11-08 No 4 M Direct
Footnotes
  1. Such transactions were effected pursuant to a 10b5-1 trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  2. Open market sale pursuant to a 10b5-1 trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  3. The price is a weighted average price. These shares were sold in multiple transactions ranging from $49.51 to $50.49, 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.
  4. The price is a weighted average price. These shares were sold in multiple transactions ranging from $49.46 to $50.24, 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.
  5. The price is a weighted average price. These shares were sold in multiple transactions ranging from $50.45 to $50.70, 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.
  6. The price is a weighted average price. These shares were sold in multiple transactions ranging from $49.73 to $50.70, 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.
  7. The price is a weighted average price. These shares were sold in multiple transactions ranging from $49.445 to $50.380, 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.
  8. The price is a weighted average price. These shares were sold in multiple transactions ranging from $49.45 to $49.64, 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.
  9. The price is a weighted average price. These shares were sold in multiple transactions ranging from $49.21 to $49.81, 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.
  10. On November 4, 2014, Liberty Media Corporation ("Liberty") completed the spin-off of the Issuer (formerly a wholly-owned subsidiary of Liberty), 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.
  11. This option award vested 50% on December 31, 2015, and the remainder of the award will vest on December 31, 2016.