SEC Form 4 · accession 0001225208-16-032625
Liberty Broadband Corp · LBRDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Malone
Director · 10% Owner
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 6:35 pm EDT
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 C Common StockF2 | May 2, 2016 | S | 2,600 | $58.5917 | D | 4,198,454 | D | |
| Series C Common StockF3 | May 2, 2016 | S | 23,400 | $58.1786 | D | 4,175,054 | D | |
| Series C Common StockF4 | holding | — | — | — | 216,024 | I | By Spouse | |
| Series C Common Stock | holding | — | — | — | 318,888 | I | John C. Malone June 2003 Charitable Remainder Unitrust | |
| Series C Common Stock | holding | — | — | — | 393,332 | I | Malone LG 2013 Charitable Remainder Unitrust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Open market sale pursuant to a 10b5-1 trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2The price is a weighted average price. These shares were sold in multiple transactions ranging from $58.510 to $58.690, 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.
- F3The price is a weighted average price. These shares were sold in multiple transactions ranging from $57.535 to $58.505, 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.
- F4The reporting person disclaims beneficial ownership of these shares owned by his spouse.