Julie D. Frist - Feb 23, 2021 Form 4 Insider Report for Liberty Broadband Corp (LBRDA)

Role
Director
Signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for Julie D. Frist
Stock symbol
LBRDA
Transactions as of
Feb 23, 2021
Transactions value $
$78,483
Form type
4
Date filed
8/4/2022, 05:07 PM
Next filing
Dec 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LBRDA Series A Common Stock Purchase $12.2K +85 $143.48 85 Feb 23, 2021 By Trusts F1
transaction LBRDA Series C Common Stock Purchase $73.4K +500 $146.87 500 Feb 23, 2021 By Trusts F1
transaction LBRDA Series C Common Stock Sale -$69.7K -500 -100% $139.39 0 Jan 27, 2022 By Trusts F1, F2
transaction LBRDA Series A Common Stock Sale -$11.5K -85 -100% $134.81 0 Mar 3, 2022 By Trusts F1, F3
transaction LBRDA Series C Common Stock Purchase $6.2K +45 $137.77 45 Mar 3, 2022 By Trusts F1, F2
transaction LBRDA Series A Common Stock Purchase $11.4K +85 $134.56 85 Apr 6, 2022 By Trusts F1, F3
transaction LBRDA Series C Common Stock Purchase $56.4K +405 +900% $139.17 450 Apr 6, 2022 By Trusts F1, F2
holding LBRDA Series C Common Stock 3.37K Feb 23, 2021 By Annabel D. Frist 2003 Trust F4
holding LBRDA Series C Common Stock 20.8K Feb 23, 2021 By Annabel D. Frist 2021 FCT F5
holding LBRDA Series C Common Stock 3.3K Feb 23, 2021 By Caroline M. Frist 2001 Trust F4
holding LBRDA Series C Common Stock 20.8K Feb 23, 2021 By Caroline M. Frist 2021 FCT F6
holding LBRDA Series C Common Stock 574 Feb 23, 2021 By John M. Damgard 2012 Trust F7
holding LBRDA Series C Common Stock 558 Feb 23, 2021 By Lily M. Damgard 2012 Trust F7
holding LBRDA Series C Common Stock 602K Feb 23, 2021 By Spouse F8, F9
holding LBRDA Series C Common Stock 574 Feb 23, 2021 By Theodor D. Damgard 2012 Trust F7
holding LBRDA Series C Common Stock 466K Feb 23, 2021 By Thomas F. Frist III 2007 Family Trust F10
holding LBRDA Series C Common Stock 4.92K Feb 23, 2021 By Thomas F. Frist III 2011 Family Trust F10
holding LBRDA Series C Common Stock 3.43K Feb 23, 2021 By Thomas F. Frist IV 2005 Trust F4
holding LBRDA Series C Common Stock 20.9K Feb 23, 2021 By Thomas F. Frist IV 2021 FCT F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were by a managed account under the trading discretion of an investment manager (the "Managed Account"). Three trusts (the "Trusts") for the benefit of members of the reporting person's immediate family collectively have a one-third interest in the Managed Account. The reporting person's spouse was appointed as the successor trustee of the Trusts. Following the transactions reported on this Form 4, the Managed Account holds an aggregate of 85 shares of the Issuer's Series A Common Stock and an aggregate of 450 shares of the Issuer's Series C Common Stock. The reporting person disclaims beneficial ownership of the securities held by the Trusts and the Managed Account except to the extent of her pecuniary interest therein.
F2 The sale of 500 shares of the Issuer's Series C Common Stock by the Managed Account reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act"), to the extent of 450 shares of Series C Common Stock, with the purchases of 45 shares and 405 shares, in each case, of the Issuer's Series C Common Stock by the Managed Account reported herein. The reporting person has paid to the Issuer $51.94, representing the full amount of the profit realized from the Trusts' one-third interest in the Managed Account in connection with the short-swing transactions, less transaction costs.
F3 The sale of 85 shares of the Issuer's Series A Common Stock by the Managed Account reported herein was matchable under Section 16(b) of the Exchange Act with the purchase of 85 shares of the Issuer's Series A Common Stock by the Managed Account reported herein. The reporting person has paid to the Issuer $6.77, representing the full amount of the profit realized from the Trusts' one-third interest in the Managed Account in connection with the short-swing transaction, less transaction costs.
F4 The reporting person is the sister-in-law of the sole trustee and, as the settlor of the trust, also retains a power of substitution with respect to the assets held by the trust. The reporting person, therefore, may be deemed to have shared dispositive power over the securities held by the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
F5 Represents shares previously reported as indirectly held by the Annabel D. Frist FCT Trust (the "ADF FCT Trust"). Effective November 12, 2021, the ADF FCT Trust transferred all assets to the Annabel D. Frist 2021 FCT Trust. The reporting person is the sole trustee of the trust. The beneficiary of the trust is a member of the reporting person's immediate family, and the reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of her pecuniary interest therein.
F6 Represents shares previously reported as indirectly held by the Caroline M. Frist FCT Trust (the "CMF FCT Trust"). Effective November 12, 2021, the CMF FCT Trust transferred all assets to the Caroline M. Frist 2021 FCT Trust. The reporting person is the sole trustee of the trust. The beneficiary of the trust is a member of the reporting person's immediate family, and the reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of her pecuniary interest therein.
F7 The reporting person is the sole trustee of the trust and, as the settlor of the trust, also retains a power of substitution with respect to the assets held by the trust. The reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of her pecuniary interest therein.
F8 Includes 497,939 shares of the Issuer's Series C Common Stock previously reported as indirectly held by FS Partners II, LLC (the "LLC"). The reporting person's spouse was the sole member of the LLC, which was subsequently dissolved.
F9 The reporting person disclaims beneficial ownership of these shares owned by her spouse.
F10 The reporting person is the sole trustee of the trust. The beneficiaries of the trust are members of the reporting person's immediate family, and the reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of her pecuniary interest therein.
F11 Represents shares previously reported as indirectly held by the Thomas F. Frist IV FCT Trust (the "TFFIV FCT Trust"). Effective November 12, 2021, the TFFIV FCT Trust transferred all assets to the Thomas F. Frist IV 2021 FCT Trust. The reporting person is the sole trustee of the trust. The beneficiary of the trust is a member of the reporting person's immediate family, and the reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of her pecuniary interest therein.