Statement of Changes in Beneficial Ownership (4)
December 04 2019 - 5:42PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
|
1. Name and Address of Reporting Person
*
MAFFEI GREGORY B |
2. Issuer Name and Ticker or Trading Symbol
GCI LIBERTY, INC.
[
GLIBA
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and CEO |
|
(Last)
(First)
(Middle)
12300 LIBERTY BOULEVARD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/2/2019 |
|
(Street)
ENGLEWOOD, CO 80112
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
| Series A Common Stock | 12/2/2019 | | M | | 765441.0000 | A | $55.9600 | 1123462.0000 | D | |
| Series A Common Stock | 12/2/2019 | | S | | 31127.0000 | D | $70.3867 (1) | 1092335.0000 | D | |
| Series A Common Stock | 12/2/2019 | | F | | 675450.0000 | D | $70.4000 | 416885.0000 | D | |
| Series A Common Stock | 12/3/2019 | | S | | 42205.0000 | D | $69.9754 (2) | 374680.0000 | D | |
| Series A Common Stock | 12/4/2019 | | S | | 205.0000 | D | $70.2300 | 374475.0000 | D | |
| Series A Common Stock | 12/4/2019 | | S | | 16454.0000 | D | $69.4583 (3) | 358021.0000 | D | |
| Series A Common Stock | | | | | | | | 865.0000 (4) | I | By 401(k) Savings Plan |
| Series A Common Stock | | | | | | | | 574210.0000 (5) | I | Maven 2017 - 1 GRAT (6) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Stock Option (Right to Buy) - GLIBA | $55.9600 | 12/2/2019 | | M | | | 765441.0000 | (7) | 12/17/2019 | Series A Common Stock | 765441.0000 | $0.0000 | 0.0000 | D | |
| Explanation of Responses: |
| (1) | The price is a weighted average price. These shares were sold in multiple transactions ranging from $70.250 to $70.580, 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. |
| (2) | The price is a weighted average price. These shares were sold in multiple transactions ranging from $69.510 to $70.240, 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. |
| (3) | The price is a weighted average price. These shares were sold in multiple transactions ranging from $69.060 to $70.005, 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. |
| (4) | The number of shares reported as held in the reporting person's 401(k) is based on a statement from the Plan Administrator dated as of November 30, 2019. |
| (5) | These holdings were decreased by one share from the Form 4 filed by the reporting person on March 13, 2018 as the result of an accounting reconciliation. |
| (6) | The reporting person is the sole trustee of the grantor retained annuity trust, for the benefit of himself, his spouse and his children. |
| (7) | The derivative security is fully vested. |
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney. |
Reporting Owners
|
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
MAFFEI GREGORY B
12300 LIBERTY BOULEVARD
ENGLEWOOD, CO 80112 | X | X | President and CEO |
|
Signatures
|
| /s/ Craig Troyer as Attorney-in-Fact for Gregory B. Maffei | | 12/4/2019 |
| **Signature of Reporting Person | Date |
GCI Liberty (NASDAQ:GLIBP)
Historical Stock Chart
From Sep 2024 to Oct 2024
GCI Liberty (NASDAQ:GLIBP)
Historical Stock Chart
From Oct 2023 to Oct 2024
Real-Time news about GCI Liberty Inc (NASDAQ): 0 recent articles
More Gci Liberty, Inc. News Articles