SEC Form 4 · accession 0001225208-15-021703

Liberty Broadband Corp · LBRDA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Senior Vice President

Period of report

Dec 1, 2015

Accepted (ET)

Dec 2, 2015 · 6:50 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001611983

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Series A Common Stock^F1	Dec 1, 2015	M	1,032	$33.12	A	17,687	D
Series A Common Stock	Dec 1, 2015	F	825	$53.09	D	16,862	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option - LBRDA (Right to Buy)^F2,F3	$33.12	Dec 1, 2015	M	1,032	D	—	Dec 16, 2015	Series A Common Stock	1,032	0	D

F1Includes 16,655 shares acquired in a pro rata distribution by Liberty Media Corporation ("Liberty") on November 4, 2014 in connection with the spin-off of the Issuer (formerly a wholly-owned subsidiary of Liberty) from Liberty (the "spin-off").
F2In connection with the completion of the spin-off, all equity awards held by the reporting person with respect to Liberty's common stock (each an "Original LMC Award") were adjusted pursuant to the anti-dilution provisions of the incentive plans under which the equity awards were granted, such that the reporting person received (i) an adjustment to the exercise price or base price, as applicable, and number of shares relating to the Original LMC Award and (ii) an equity award relating to shares of the corresponding series of the Issuer's common stock. These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
F3The derivative security is fully vested.