-
Signature
-
/s/ Brittany A. Uthoff as Attorney-in-Fact for Gregory B. Maffei
-
Stock symbol
-
LBRDA
-
Transactions as of
-
Dec 15, 2021
-
Transactions value $
-
-$50
-
Form type
-
4
-
Date filed
-
12/17/2021, 03:31 PM
Transactions Table
Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
transaction |
LBRDA |
Series B Common Stock |
Options Exercise |
$35.9M |
+370K |
+4031.67% |
$97.21 |
379K |
Dec 15, 2021 |
Direct |
F1 |
transaction |
LBRDA |
Series B Common Stock |
Disposed to Issuer |
$0 |
-131K |
-34.53% |
$0.00 |
248K |
Dec 15, 2021 |
Direct |
F1 |
transaction |
LBRDA |
Series B Common Stock |
Tax liability |
-$35.9M |
-239K |
-96.3% |
$150.46 |
9.17K |
Dec 15, 2021 |
Direct |
|
transaction |
LBRDA |
Series C Common Stock |
Award |
$0 |
+131K |
+15.77% |
$0.00 |
961K |
Dec 15, 2021 |
Direct |
F1, F2 |
holding |
LBRDA |
Series C Common Stock |
|
|
|
|
|
576K |
Dec 15, 2021 |
Maven 2016 - 1 GRAT |
F3 |
holding |
LBRDA |
Series C Common Stock |
|
|
|
|
|
365K |
Dec 15, 2021 |
Maven 2017 - 1 GRAT |
F3, F4 |
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Underlying Class |
Amount |
Exercise Price |
Ownership |
Footnotes |
transaction |
LBRDA |
Stock Option - LBRDB (Right to Buy) |
Options Exercise |
$0 |
-370K |
-100% |
$0.00* |
0 |
Dec 15, 2021 |
Series B Common Stock |
370K |
$97.21 |
Direct |
F5, F6 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
Remarks:
On October 9, 2020, a putative class action complaint was filed by two purported stockholders of GCI Liberty, Inc. ("GCI Liberty"). The lawsuit named as defendants GCI Liberty, as well as the members of the GCI Liberty board of directors, including the reporting person. On November 21, 2020, the plaintiffs and defendants filed a stipulation and proposed order describing an agreement reached among them, which stipulation and proposed order the Court granted on November 23, 2020 (the "stipulation and order"). As part of the agreement reached among the parties to the lawsuit, Mr. Maffei agreed that immediately following the exercise of any options to acquire Series B Common Stock Mr. Maffei holds as a result of the completion of the transactions pursuant to the Merger Agreement (such options, the "Options" and each, an "Option"), he will exchange each share of Series B Common Stock of the Issuer issued upon such exercise for one share of non-voting Series C Common Stock of the Issuer.