SEC Form 4 · accession 0000808461-16-000182
GCI LIBERTY, INC. · GLIBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald A Duncan
Officer — President · Director
Period of report
Feb 12, 2016
Accepted (ET)
Feb 17, 2016 · 1:36 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 StockF1,F2 | Feb 12, 2016 | A | 55,460 | $18.16 | A | 1,243,383 | D | |
| Class A Common StockF3 | holding | — | — | — | 7,500 | I | by Neoma Lowndes Trust | |
| Class A Common StockF4 | holding | — | — | — | 63,186 | I | by Spouse | |
| Class A Common Stock | holding | — | — | — | 232,878 | I | by 560 Company | |
| Class A Common StockF5 | holding | — | — | — | 87,778 | I | by 401(k) | |
| Class A Common StockF6 | holding | — | — | — | 15,000 | I | by Missy, LLC | |
| Class A Common StockF7 | holding | — | — | — | 55,560 | I | by Amanda Miller Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares granted pursuant to a restricted stock award agreement. The related unvested shares will vest on November 30, 2018.
- F2Includes 86,637 shares previously owned indirectly through the Company's 401(k) Plan.
- F3Mr. Duncan's daughter is the 50% beneficiary of this trust, and Mr. Duncan disclaims beneficial ownership of these shares.
- F4Mr. Duncan disclaims beneficial ownership of these shares.
- F5Shares allocated to Mr. Duncan under the Company's 401(k) Plan as of February 12, 2016.
- F6Mr. 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.
- F7Mr. 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.