SEC Form 4 · accession 0000808461-18-000041

GCI LIBERTY, INC. · GLIBA

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

Reporting owner

Ronald A Duncan

Officer — CEO · Director

Period of report

Feb 20, 2018

Accepted (ET)

Feb 22, 2018 · 7:58 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^F1	Feb 20, 2018	J	679,204	$0.00	D	0	D
Class A-1 Common Stock^F1	Feb 20, 2018	J	679,204	$0.00	A	679,204	D
Class A Common Stock^F1	Feb 20, 2018	J	382,878	$0.00	D	0	I	by 560 Company
Class A-1 Common Stock^F1	Feb 20, 2018	J	382,878	$0.00	A	382,878	I	by 560 Company
Class A Common Stock^F1,F2	Feb 20, 2018	J	7,500	$0.00	D	0	I	by Neoma Lowndes Trust
Class A-1 Common Stock^F1,F2	Feb 20, 2018	J	7,500	$0.00	A	7,500	I	by Neoma Lowndes Trust
Class A Common Stock^F1,F3	Feb 20, 2018	J	63,186	$0.00	D	0	I	by Spouse
Class A-1 Common Stock^F1,F3	Feb 20, 2018	J	63,186	$0.00	A	63,186	I	by Spouse
Class A Common Stock^F1,F4	Feb 20, 2018	J	2,909	$0.00	D	0	I	by 401(k)
Class A-1 Common Stock^F1,F4	Feb 20, 2018	J	2,909	$0.00	A	2,909	I	by 401(k)
Class A Common Stock^F1,F5	Feb 20, 2018	J	15,000	$0.00	D	0	I	by Missy, LLC
Class A-1 Common Stock^F1,F5	Feb 20, 2018	J	15,000	$0.00	A	15,000	I	by Missy, LLC
Class A Common Stock^F1,F6	Feb 20, 2018	J	37,000	$0.00	D	0	I	by Amanda Miller Trust
Class A-1 Common Stock^F1,F6	Feb 20, 2018	J	37,000	$0.00	A	37,000	I	by Amanda Miller Trust
Class A Common Stock^F1	Feb 20, 2018	J	18,560	$0.00	D	0	I	by Daughter
Class A-1 Common Stock^F1	Feb 20, 2018	J	18,560	$0.00	A	18,560	I	by Daughter
Class B Common Stock^F1	Feb 20, 2018	J	1,174,918	$0.00	D	0	D
Class B-1 Common Stock^F1	Feb 20, 2018	J	1,174,918	$0.00	A	1,174,918	D
Class B Common Stock^F1,F6	Feb 20, 2018	J	8,242	$0.00	D	0	I	by Amanda Miller Trust
Class B-1 Common Stock^F1,F6	Feb 20, 2018	J	8,242	$0.00	A	8,242	I	by Amanda Miller Trust
Class B Common Stock^F1,F3	Feb 20, 2018	J	27,020	$0.00	D	0	I	by Spouse
Class B-1 Common Stock^F1,F3	Feb 20, 2018	J	27,020	$0.00	A	27,020	I	by Spouse

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1On February 20, 2018, the Commissioner of the Department of Commerce, Community and Economic Development of the State of Alaska accepted for filing the Issuer's amended and restated articles of incorporation that were previously filed on February 2, 2018. As a result, each share of the Issuer's former Class A common stock and Class B common stock was reclassified into one share of its Class A-1 common stock and Class B-1 common stock, respectively. These reclassifications were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities and Exchange Act of 1934, as amended, and are also exempt under Rule 16b-7.
F2Mr. Duncan's daughter is the 50% beneficiary of this trust, and Mr. Duncan disclaims beneficial ownership of these shares.
F3Mr. Duncan disclaims beneficial ownership of these shares.
F4Shares allocated to Mr. Duncan under the Company's 401(k) Plan as of February 20, 2018.
F5Mr. 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.
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.

Remarks

The Issuer was formerly known as General Communication, Inc.