4: Statement of changes in beneficial ownership of securities
Published on December 29, 2004
FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
||||||||||||||
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
GENERAL COMMUNICATION INC [ GNCMA ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 12/07/2004 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
---|---|---|---|---|---|---|---|---|---|---|
Code | V | Amount | (A) or (D) | Price | ||||||
Class A Common Stock | 12/07/2004 | S | 3,751,509 | D | $8.33 | 0 | D(1) | |||
Class B Common Stock | 1,275,791(2) | D |
1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Series C Convertible Redeemable Accreting Preferred Stock | $83.33(3) | 12/07/2004 | S | 1,000(4) | 06/30/2001 | (5) | Class A Common Stock | 83,333 | $1,000 | 0 | D(1) | ||||
Series C Convertible Redeemable Accreting Preferred Stock | $83.33(3) | 12/07/2004 | S | 9,000(6) | 06/30/2001 | (5) | Class A Common Stock | 750,000 | $1,000 | 0 | I(1) | by MCI, Inc. | |||
Class A Common Stock Options | $7.5(7) | 06/30/2000 | 06/30/2010 | Class A Common Stock | 50,000 | 50,000 | I | by WorldCom Ventures, Inc. |
1. Name and Address of Reporting Person*
(Street)
| ||||||||||||
1. Name and Address of Reporting Person*
(Street)
| ||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
Explanation of Responses: |
1. Not applicable |
2. MCI WORLDCOM Network Services, Inc. ("Network Services") is the record owner of 1,275,791 shares of Class B Common Stock. Network Services is a wholly-owned subsidiary of MCI Communications Corporation ("MCIC"). MCIC is a wholly-owned subsidiary of MCI, Inc. ("MCI"). As such, MCIC and MCI may be deemed to have shared voting and dispositive powers over the 1,275,791 shares of Class B Common Stock owned by Network Services |
3. Represents the number of shares of Class A Common Stock into which each share of Series C Convertible Redeemable Accreting Preferred Stock is convertible. |
4. The 1,000 shares of Series C Convertible Redeemable Accreting Preferred Stock were held by Network Services prior to their disposition in full on December 7, 2004. |
5. No expiration date. |
6. The 9,000 shares of Series C Convertible Redeemable Accreting Preferred Stock were held by MCI prior to their disposition in full on December 7, 2004. |
7. Represents the exercise price of the Class A Common Stock Options per share of Class A Common Stock. |
see attached | 12/16/2004 | |
** Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.