Key facts
- This page summarizes Brian J. Wendling's Form 4 filing for Liberty Broadband Corp (LBRDA).
- 10 reported transactions and 10 derivative rows are listed below.
- Accepted by SEC: 23 Jul 2025, 18:12.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
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Additional SEC filing notes
Footnote F1
Each restricted stock unit represents a contingent right to receive one share of Series C Common Stock.
Footnote F2
On July 14, 2025, Liberty Broadband Corporation completed the spin-off of GCI Liberty, Inc. (the "Spin-Off"), which was effected by the distribution to each holder of its common stock as of 5:00 p.m., New York City time, on June 30, 2025, of 0.20 of a share of GCI Liberty, Inc.'s Series A, Series B and Series C GCI Group common stock for each whole share of the corresponding series of Liberty Broadband Corporation's common stock, with cash (with no interest) paid in lieu of fractional shares. In connection with the Spin-Off, all restricted stock unit awards held by the Reporting Person in the Issuer's Series C Common Stock were adjusted in a manner designed to preserve the value associated with the original awards prior to the Spin-Off. The number of shares for each adjusted award was determined on July 17, 2025. Otherwise, such award remains subject to the terms and conditions of the corresponding original award.
Footnote F3
This restricted stock unit award vests in two substantially equal installments on December 9, 2025 and 2026.
Footnote F4
In connection with the Spin-Off, all stock options held by the Reporting Person in the Issuer's Series C Common Stock were adjusted in a manner designed to preserve the value associated with the original awards prior to the Spin-Off. The number of shares and the exercise price for each adjusted award were determined on July 17, 2025. Otherwise, such award remains subject to the terms and conditions of the corresponding original award.
Footnote F5
This option award is fully exercisable.
Footnote F6
This option award vests in three substantially equal installments on December 11, 2024, 2025, and 2026.
Footnote F7
Represents a retention grant which vested 50% on December 13, 2024 and will vest 25% on December 13, 2025 and 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
SEC remarks
The adjustments described above were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.