Gregory B. Maffei - 16 Dec 2024 Form 4 Insider Report for Liberty Broadband Corp (LBRDA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Dec 2024, 17:35:33 UTC
Prior SEC filing
10 Dec 2024
Next SEC filing
19 Dec 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Katherine C. Jewell as Attorney-in-Fact for Gregory B. Maffei

Key filing fact

Gregory B. Maffei filed Form 4 for Liberty Broadband Corp (LBRDA) on 18 Dec 2024.

Key facts

  • This page summarizes Gregory B. Maffei's Form 4 filing for Liberty Broadband Corp (LBRDA).
  • 6 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 18 Dec 2024, 17:35.

Change

  • Previous filing in this sequence was filed on 10 Dec 2024.
  • Current net transaction value: -$37,936,217.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LBRDA transaction

Series C Common Stock

Options Exercise

Transaction value
$72,150,000
Shares
+1,500,000
Change %
+107%
Price
$48.10
Shares after
2,898,513
Date
16 Dec 2024
Ownership
Direct
Footnotes
F1
LBRDA transaction

Series C Common Stock

Sale

Transaction value
$5,862,700
Shares
-71,500
Change %
-2.5%
Price
$82.00
Shares after
2,827,013
Date
16 Dec 2024
Ownership
Direct
Footnotes
F2
LBRDA transaction

Series C Common Stock

Tax liability

Transaction value
$94,550,939
Shares
-1,146,767
Change %
-41%
Price
$82.45
Shares after
1,680,246
Date
16 Dec 2024
Ownership
Direct
LBRDA transaction

Series C Common Stock

Sale

Transaction value
$94,713
Shares
-1,165
Change %
-0.07%
Price
$81.30
Shares after
1,679,081
Date
17 Dec 2024
Ownership
Direct
Footnotes
F3
LBRDA transaction

Series C Common Stock

Sale

Transaction value
$9,577,865
Shares
-118,825
Change %
-7.1%
Price
$80.60
Shares after
1,560,256
Date
17 Dec 2024
Ownership
Direct
Footnotes
F4
LBRDA holding

Series C Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
274,990
Date
16 Dec 2024
Ownership
Maven 2016 - 1 GRAT
Footnotes
F5, F6
LBRDA holding

Series C Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
137,683
Date
16 Dec 2024
Ownership
Maven 2017 - 1 GRAT
Footnotes
F6, F7

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LBRDA transaction Derivative

Stock Option - LBRDK (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-1,500,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
16 Dec 2024
Ownership
Direct
Underlying class
Series C Common Stock
Underlying amount
1,500,000
Exercise price
$48.10
Footnotes
F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Includes the distribution to the reporting person's direct holdings of 100 shares of the Issuer's Series C common stock on June 26, 2023, by the Maven 2017-1 GRAT; 160,962 shares of the Issuer's Series C common stock on February 29, 2024, by the Maven 2016-1 GRAT; and 118,320 shares of the Issuer's Series C common stock on June 26, 2024, by the Maven 2017-1 GRAT.

Footnote F2

The price is a weighted average price. These shares were sold in multiple transactions ranging from $81.55 to $82.52, 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.

Footnote F3

The price is a weighted average price. These shares were sold in multiple transactions ranging from $81.235 to $81.415, 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.

Footnote F4

The price is a weighted average price. These shares were sold in multiple transactions ranging from $81.220 to $81.190, 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.

Footnote F5

Includes the distribution to the reporting person's direct holdings of 160,962 shares of the Issuer's Series C common stock on February 29,2024 by the Maven 2016-1 GRAT.

Footnote F6

The reporting person is the sole trustee of the grantor retained annuity trust, for the benefit of himself, his spouse and his children.

Footnote F7

Includes the distribution to the reporting person's direct holdings of (i) 100 shares of the Issuer's Series C common stock on June 26, 2023, by the Maven 2017-1 GRAT. and (ii) 118,320 shares of the Issuer's Series C common stock on June 26, 2024, by the Maven 2017-1 GRAT.

Footnote F8

These options vested 50% on December 17, 2018, and 50% on December 17, 2019.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .