Brian J. Wendling - May 11, 2023 Form 4 Insider Report for Liberty Broadband Corp (LBRDA)

Role
CAO/PFO
Signature
/s/ Brittany A. Uthoff as Attorney-in-Fact for Brian J. Wendling
Stock symbol
LBRDA
Transactions as of
May 11, 2023
Transactions value $
-$64,524
Form type
4
Date filed
5/15/2023, 04:42 PM
Previous filing
Apr 26, 2023
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LBRDA Series C Common Stock Options Exercise $434K +6.42K +52.3% $67.54 18.7K May 11, 2023 Direct F1
transaction LBRDA Series C Common Stock Sale -$498K -6.42K -34.34% $77.59 12.3K May 11, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LBRDA Stock Option - LBRDK (Right to Buy) Options Exercise $0 -6.42K -100% $0.00* 0 May 11, 2023 Series C Common Stock 6.42K $67.54 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option exercise and subsequent open market sale were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2022 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 The price is a weighted average price. These shares were sold in multiple transactions ranging from $77.14 to $78.04, 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.
F3 The derivative security is fully vested.