SEC Form 4 · accession 0000808461-15-000114

GCI LIBERTY, INC. · GLIBA

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

Reporting owner

Officer — President · Director

Period of report

Nov 10, 2015

Accepted (ET)

Nov 12, 2015 · 3:41 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000808461

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock	Nov 10, 2015	M	150,000	$5.32	A	1,310,328	D
Class A Common Stock	Nov 10, 2015	F	84,592	$21.38	D	1,225,736	D
Class A Common Stock	Nov 10, 2015	G	65,408	$0.00	D	1,160,328	D
Class A Common Stock	Nov 10, 2015	G	65,408	$0.00	A	198,604	I	by 560 Company
Class A Common Stock^F2	holding	—	—		—	172,106	I	by 401(k)
Class A Common Stock^F3	holding	—	—		—	15,000	I	by Missy, LLC
Class A Common Stock^F4	holding	—	—		—	7,500	I	by Neoma Lowndes Trust
Class A Common Stock^F5	holding	—	—		—	63,186	I	by Spouse
Class A Common Stock^F6	holding	—	—		—	55,560	I	by Amanda Miller Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)	$5.32	Nov 10, 2015	M	150,000	D	Feb 8, 2012	Feb 8, 2020	Class A Common Stock	150,000	0	D

F1Shares transferred from direct ownership by Mr. Duncan to indirect beneficial ownership by 560 Company.
F2Shares allocated to Mr. Duncan under the Company's 401(k) Plan as of November 10, 2015.
F3Mr. Duncan has a 25% ownership interest in Missy, LLC, and claims beneficial ownership of 5,000 of these shares held by Missy, LLC. His spouse has a 25% ownership interest in Missy, LLC, and Mr. Duncan disclaims beneficial ownership of the 5,000 shares held indirectly by his spouse. The Neoma Lowndes Trust holds the remaining 50% interest in Missy, LLC. Mr. Duncan's daughter is the 50% beneficiary of this trust, and Mr. Duncan disclaims beneficial ownership of the 5,000 shares held indirectly by his daughter.
F4Mr. Duncan's daughter is the 50% beneficiary of this trust, and Mr. Duncan disclaims beneficial ownership of these shares.
F5Mr. Duncan disclaims beneficial ownership of these shares.
F6Mr. Duncan's daughter is the beneficiary of this trust. Mr. Duncan has no voting or investment power with respect to the trust and disclaims beneficial ownership of these shares.