0000808461-18-000128.txt : 20180312 0000808461-18-000128.hdr.sgml : 20180312 20180312213118 ACCESSION NUMBER: 0000808461-18-000128 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180308 FILED AS OF DATE: 20180312 DATE AS OF CHANGE: 20180312 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DUNCAN RONALD A CENTRAL INDEX KEY: 0000905853 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38385 FILM NUMBER: 18685095 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GCI LIBERTY, INC. CENTRAL INDEX KEY: 0000808461 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 920072737 STATE OF INCORPORATION: AK FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2550 DENALI ST STE 1000 CITY: ANCHORAGE STATE: AK ZIP: 99503 BUSINESS PHONE: 9072655600 MAIL ADDRESS: STREET 1: 2550 DENALI STREET STREET 2: SUITE 1000 CITY: ANCHORAGE STATE: AK ZIP: 99503 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL COMMUNICATION INC DATE OF NAME CHANGE: 19920703 4 1 wf-form4_152090466365933.xml FORM 4 X0306 4 2018-03-08 0 0000808461 GCI LIBERTY, INC. GLIBA 0000905853 DUNCAN RONALD A 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112 1 0 0 0 Class A-1 Common Stock 2018-03-08 4 J 0 687121 0 D 0 D Class A Common Stock 2018-03-08 4 J 0 432886.23 0 A 432886.23 D Series A Cumulative Redeemable Preferred Stock 2018-03-08 4 J 0 137424.20 0 A 137424.20 D Class A-1 Common Stock 2018-03-08 4 J 0 390378 0 D 0 I by 560 Company Class A Common Stock 2018-03-08 4 J 0 245938.14 0 A 245938.14 I by 560 Company Series A Cumulative Redeemable Preferred Stock 2018-03-08 4 J 0 78075.60 0 A 78075.60 I by 560 Company Class A-1 Common Stock 2018-03-08 4 J 0 7500 0 D 0 I by Neoma Lowndes Trust Class A Common Stock 2018-03-08 4 J 0 4725 0 A 4725 I by Neoma Lowndes Trust Series A Cumulative Redeemable Preferred Stock 2018-03-08 4 J 0 1500 0 A 1500 I by Neoma Lowndes Trust Class A-1 Common Stock 2018-03-08 4 J 0 63186 0 D 0 I by Spouse Class A Common Stock 2018-03-08 4 J 0 39807.18 0 A 39807.18 I by Spouse Series A Cumulative Redeemable Preferred Stock 2018-03-08 4 J 0 12637.20 0 A 12637.20 I by Spouse Class A-1 Common Stock 2018-03-08 4 J 0 2909 0 D 0 I by 401(k) Class A Common Stock 2018-03-08 4 J 0 1832.67 0 A 1832.67 I by 401(k) Series A Cumulative Redeemable Preferred Stock 2018-03-08 4 J 0 581.80 0 A 581.80 I by 401(k) Class A-1 Common Stock 2018-03-08 4 J 0 15000 0 D 0 I by Missy, LLC Class A Common Stock 2018-03-08 4 J 0 9450 0 A 9450 I by Missy, LLC Series A Cumulative Redeemable Preferred Stock 2018-03-08 4 J 0 3000 0 A 3000 I by Missy, LLC Class A-1 Common Stock 2018-03-08 4 J 0 37000 0 D 0 I by Amanda Miller Trust Class A Common Stock 2018-03-08 4 J 0 23310 0 A 23310 I by Amanda Miller Trust Series A Cumulative Redeemable Preferred Stock 2018-03-08 4 J 0 7400 0 A 7400 I by Amanda Miller Trust Class A-1 Common Stock 2018-03-08 4 J 0 18560 0 D 0 I by Daughter Class A Common Stock 2018-03-08 4 J 0 11692.80 0 A 11692.80 I by Daughter Series A Cumulative Redeemable Preferred Stock 2018-03-08 4 J 0 3712 0 A 3712 I by Daughter On March 8, 2018, the Issuer effected the automatic conversion of its Class A-1 common stock and its Class B-1 common stock in accordance with the terms of the Issuer's amended and restated articles of incorporation. As a result, each share of the Issuer's Class A-1 common stock and Class B-1 common stock was automatically converted into (i) a fraction of a share of the Issuer's Class A common stock equal to 0.63 and (ii) a fraction of a share of the Issuer's Series A Cumulative Redeemable Preferred Stock equal to 0.20. These transactions were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities and Exchange Act of 1934, as amended. This holding was decreased by two shares from the Form 4 filed by the reporting person on March 5, 2018, as a result of an accounting reconciliation. Mr. Duncan's daughter is the 50% beneficiary of this trust, and Mr. Duncan disclaims beneficial ownership of these shares. Mr. Duncan disclaims beneficial ownership of these shares. Shares allocated to Mr. Duncan under the Company's 401(k) Plan as of March 8, 2018. Mr. Duncan has a 25% ownership interest in Missy, LLC, and claims beneficial ownership of 3,150 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 3,150 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 3,150 shares held indirectly by his daughter. Mr. Duncan has a 25% ownership interest in Missy, LLC, and claims beneficial ownership of 1,000 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 1,000 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 1,000 shares held indirectly by his daughter. Mr. 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. By:Bryan Fick For:Ronald A. Duncan 2018-03-12