Filing Details

Accession Number:
0000808461-16-000266
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-10-05 14:27:43
Reporting Period:
2016-10-03
Filing Date:
2016-10-05
Accepted Time:
2016-10-05 14:27:43
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
1267621 Louis Eric Zinterhofer 745 Fifth Avenue, 27Th Floor
New York NY 10151
Yes No No Yes
1635184 Searchlight Alx Lp 745 Fifth Avenue, 27Th Floor
New York NY 10151
No No No Yes
1635187 Searchlight Alx Gp Llc 745 Fifth Avenue, 27Th Floor
New York NY 10151
No No No Yes
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 Acquisiton 2016-10-03 30,000 $13.78 1,662,661 No 4 P Direct
Class A Common Stock Acquisiton 2016-10-05 50,000 $14.50 1,712,661 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 15,000 Indirect by Searchlight Capital Partners, L.P.
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $13.65 to $13.90. The price reported above reflects the weighted average price. The reporting entity hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  2. The securities are owned by Searchlight ALX, L.P. (the "Fund"). Searchlight ALX GP, LLC (the "Searchlight GP") is the general partner of the Fund. Eric L. Zinterhofer is a manager of the Searchlight GP. By reason of the provisions of Rule 16a-1, Mr. Zinterhofer and the Searchlight GP may be deemed to be the beneficial owners of the securities beneficially owned by the Fund. Mr. Zinterhofer does not alone have dispositive or voting power with respect to any securities owned, directly or indirectly, by the Searchlight GP or by the Fund. Mr. Zinterhofer and the Searchlight GP hereby disclaim beneficial ownership of all securities, except to the extent of any indirect pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  3. The securities are owned by Searchlight Capital Partners, LP ("SCP LP"). Searchlight Capital Partners, LLC ("SCP LLC"), an affiliate of the Searchlight ALX GP LLC (the "Searchlight GP"), is the general partner of SCP LP. Eric L. Zinterhofer is a manager of SCP LLC. By reason of the provisions of Rule 16a-1, Mr. Zinterhofer and SCP LLC may be deemed to be the beneficial owners of the securities beneficially owned by SCP LP. Mr. Zinterhofer does not alone have dispositive or voting power with respect to any securities owned, directly or indirectly, by SCP LLC or by SCP LP. Mr. Zinterhofer and SCP LLC hereby disclaim beneficial ownership of all securities, except to the extent of any indirect pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.