Frist Julie D. 4

Accession 0001225208-22-009276

CIK 0001611983other

View on SEC.gov Company Profile

Filed

Aug 3, 8:00 PM ET

Accepted

Aug 4, 5:07 PM ET

Size

28.1 KB

Accession

0001225208-22-009276

Insider Transaction Report

Form 4

Period: 2021-02-23

Liberty Broadband CorpLBRDA

Frist Julie D.

Director

Transactions

Purchase
Series A Common Stock
2021-02-23$143.47/sh+85$12,195→ 85 total(indirect: By Trust)
Sale
Series C Common Stock
2022-01-27$139.39/sh−500$69,693→ 0 total(indirect: By Trust)
Purchase
Series C Common Stock
2022-03-03$137.77/sh+45$6,200→ 45 total(indirect: By Trust)
Purchase
Series C Common Stock
2022-04-06$139.17/sh+405$56,365→ 450 total(indirect: By Trust)
Purchase
Series C Common Stock
2021-02-23$146.87/sh+500$73,436→ 500 total(indirect: By Trust)
Sale
Series A Common Stock
2022-03-03$134.81/sh−85$11,459→ 0 total(indirect: By Trust)
Purchase
Series A Common Stock
2022-04-06$134.56/sh+85$11,438→ 85 total(indirect: By Trust)

Holdings

Series C Common Stock
(indirect: By Annabel D. Frist 2021 FCT)
20,836
Series C Common Stock
(indirect: By Thomas F. Frist IV 2021 FCT)
20,861
Series C Common Stock
(indirect: By Spouse)
601,507
Series C Common Stock
(indirect: By Caroline M. Frist 2021 FCT)
20,843
Series C Common Stock
(indirect: By Trust)
558
Series C Common Stock
(indirect: By Trust)
4,924
Series C Common Stock
(indirect: By Trust)
3,374
Series C Common Stock
(indirect: By Trust)
3,299
Series C Common Stock
(indirect: By Trust)
574
Series C Common Stock
(indirect: By Trust)
574
Series C Common Stock
(indirect: By Trust)
466,472
Series C Common Stock
(indirect: By Trust)
3,434

Footnotes (11)

[F1]These transactions were by a managed account under the trading discretion of an investment manager (the "Managed Account"). Three trusts (the "Trusts") for the benefit of members of the reporting person's immediate family collectively have a one-third interest in the Managed Account. The reporting person's spouse was appointed as the successor trustee of the Trusts. Following the transactions reported on this Form 4, the Managed Account holds an aggregate of 85 shares of the Issuer's Series A Common Stock and an aggregate of 450 shares of the Issuer's Series C Common Stock. The reporting person disclaims beneficial ownership of the securities held by the Trusts and the Managed Account except to the extent of her pecuniary interest therein.
[F10]The reporting person is the sole trustee of the trust. The beneficiaries of the trust are members of the reporting person's immediate family, and the reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of her pecuniary interest therein.
[F11]Represents shares previously reported as indirectly held by the Thomas F. Frist IV FCT Trust (the "TFFIV FCT Trust"). Effective November 12, 2021, the TFFIV FCT Trust transferred all assets to the Thomas F. Frist IV 2021 FCT Trust. The reporting person is the sole trustee of the trust. The beneficiary of the trust is a member of the reporting person's immediate family, and the reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of her pecuniary interest therein.
[F2]The sale of 500 shares of the Issuer's Series C Common Stock by the Managed Account reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act"), to the extent of 450 shares of Series C Common Stock, with the purchases of 45 shares and 405 shares, in each case, of the Issuer's Series C Common Stock by the Managed Account reported herein. The reporting person has paid to the Issuer $51.94, representing the full amount of the profit realized from the Trusts' one-third interest in the Managed Account in connection with the short-swing transactions, less transaction costs.
[F3]The sale of 85 shares of the Issuer's Series A Common Stock by the Managed Account reported herein was matchable under Section 16(b) of the Exchange Act with the purchase of 85 shares of the Issuer's Series A Common Stock by the Managed Account reported herein. The reporting person has paid to the Issuer $6.77, representing the full amount of the profit realized from the Trusts' one-third interest in the Managed Account in connection with the short-swing transaction, less transaction costs.
[F4]The reporting person is the sister-in-law of the sole trustee and, as the settlor of the trust, also retains a power of substitution with respect to the assets held by the trust. The reporting person, therefore, may be deemed to have shared dispositive power over the securities held by the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
[F5]Represents shares previously reported as indirectly held by the Annabel D. Frist FCT Trust (the "ADF FCT Trust"). Effective November 12, 2021, the ADF FCT Trust transferred all assets to the Annabel D. Frist 2021 FCT Trust. The reporting person is the sole trustee of the trust. The beneficiary of the trust is a member of the reporting person's immediate family, and the reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of her pecuniary interest therein.
[F6]Represents shares previously reported as indirectly held by the Caroline M. Frist FCT Trust (the "CMF FCT Trust"). Effective November 12, 2021, the CMF FCT Trust transferred all assets to the Caroline M. Frist 2021 FCT Trust. The reporting person is the sole trustee of the trust. The beneficiary of the trust is a member of the reporting person's immediate family, and the reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of her pecuniary interest therein.
[F7]The reporting person is the sole trustee of the trust and, as the settlor of the trust, also retains a power of substitution with respect to the assets held by the trust. The reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of her pecuniary interest therein.
[F8]Includes 497,939 shares of the Issuer's Series C Common Stock previously reported as indirectly held by FS Partners II, LLC (the "LLC"). The reporting person's spouse was the sole member of the LLC, which was subsequently dissolved.
[F9]The reporting person disclaims beneficial ownership of these shares owned by her spouse.

Documents

1 file

4
doc4.xmlPrimary

Issuer

Liberty Broadband Corp

CIK 0001611983

→

Entity typeother

Related Parties

filerCIK 0001685035

Filing Metadata

Form type: 4
Filed: Aug 3, 8:00 PM ET
Accepted: Aug 4, 5:07 PM ET
Size: 28.1 KB

View on SEC.gov