Malone John C - Jul 14, 2025 Form 4 Insider Report for Liberty Broadband Corp (LBRDK)

Role
Director, 10%+ Owner
Signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for John C. Malone
Stock symbol
LBRDK
Transactions as of
Jul 14, 2025
Transactions value $
$0
Form type
4
Date filed
7/16/2025, 04:16 PM
Previous filing
Jul 11, 2025
Next filing
Aug 19, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MALONE JOHN C Director, 10%+ Owner 12300 LIBERTY BLVD., ENGLEWOOD /s/ Brittany A. Uthoff as Attorney-in-Fact for John C. Malone 2025-07-16 0000937797

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LBRDK Series B Common Stock Disposed to Issuer $0 -1.62M -96.53% $0.00 58.2K Jul 14, 2025 Direct F1, F2
transaction LBRDK Series C Common Stock Award $0 +1.62M +31.52% $0.00 6.75M Jul 14, 2025 Direct F2
holding LBRDK Series B Common Stock 123K Jul 14, 2025 John C. Malone June 2003 Charitable Remainder Unitrust F1
holding LBRDK Series B Common Stock 57.6K Jul 14, 2025 Leslie A. Malone 1995 Revocable Trust F1, F3
holding LBRDK Series C Common Stock 357K Jul 14, 2025 Leslie A. Malone 1995 Revocable Trust F3
holding LBRDK Series C Common Stock 213K Jul 14, 2025 Malone LG 2013 Charitable Remainder Unitrust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series B Common Stock is convertible, at the holder's election, into one share of Series A Common Stock, at any time for no consideration other than the surrender of the share of Series B Common Stock for each share of Series A Common Stock.
F2 On July 14, 2025, the Issuer distributed (the "Distribution") .20 of a share of GCI Liberty, Inc.'s Series A, B and C GCI Group Common Stock to holders of the Issuer's Series A, B and C Common Stock, respectively, for each applicable whole share of the Issuer's Series A, B and C Common Stock owned by such holders of record on the record date for the Distribution, with cash (with no interest) paid in lieu of fractional shares. In connection with the Distribution, on July 14, 2025, pursuant to the terms of that certain Exchange Side Letter, dated as of November 12, 2024, by and among the Issuer, Mr. Malone and certain affiliated trusts (collectively, the "Malone exchange group"), 1,617,040 shares of the Issuer's Series B Common Stock were exchanged by the Malone exchange group for 1,617,040 shares of the Issuer's Series C Common Stock.
F3 The reporting person disclaims beneficial ownership of these shares owned by his spouse.

Remarks:

The transactions described above were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.