Liberty Broadband (NASDAQ: LBRDA) details latest insider share moves
Rhea-AI Filing Summary
Liberty Broadband Corp (symbol: LBRDA) is the issuer of record for a Form 4 filing submitted to the SEC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,580 shares
Net Sell
7 txns
Insider
Patterson Martin Edward
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option - LBRDK (Right to Buy) F4, F3 | 3,804 | $0.00 | $0.00 |
| Disposition | Stock Option - LBRDK (Right to Buy) F4, F3 | 4,688 | $0.00 | $0.00 |
| Disposition | Stock Option - LBRDK (Right to Buy) F4, F3 | 3,428 | $0.00 | $0.00 |
| Disposition | Stock Option - LBRDK (Right to Buy) F4, F3 | 8,159 | $0.00 | $0.00 |
| Disposition | Series A Common Stock F1 | 270 | $0.00 | $0.00 |
| Disposition | Series A Cumulative Redeemable Preferred Stock F2 | 225 | $0.00 | $0.00 |
| Disposition | Series C Common Stock F1 | 12,085 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option - LBRDK (Right to Buy) — 0 shares (Direct);
Series A Common Stock — 0 shares (Direct);
Series A Cumulative Redeemable Preferred Stock — 0 shares (Direct);
Series C Common Stock — 0 shares (Direct)
Footnotes (4)
- F1. Pursuant to the terms of the Merger Agreement (as defined in the Remarks section), at the effective time of the Merger (as defined in the Remarks section), each share of the Issuer's Series A Common Stock and Series C Common Stock issued and outstanding immediately prior to the effective time of the Merger was automatically converted into 0.2360 of a share of Charter Communications, Inc. ("Charter") Class A common stock, except that cash (without interest) was paid in lieu of fractional shares.
- F2. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each share of the Issuer's Series A Cumulative Redeemable Preferred Stock issued and outstanding immediately prior to the effective time of the Merger was automatically converted into one share of newly issued Charter Series A Cumulative Redeemable Preferred Stock.
- F3. These options were fully exercisable.
- F4. Pursuant to the terms of the Merger Agreement, immediately prior to the effective time of the Merger, such stock option of the Issuer was cancelled for no consideration.
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