Company: LBRDK
Filing Date: 2025-01-22
Form Type: DEFM14A
Source: 0001140361-25-001609
Chunk: 66

Company: Liberty Broadband Corp
Filing Date: 2025-01-22
Form: DEFM14A
Chunk 66
---
, would not have vested as of June 30, 2027) and who are not directors or executive officers of Liberty Broadband (with pro-ration being based on the portion of the service period elapsed from the grant date through the estimated GCI divestiture date over the entire original service period) and to settle such accelerated restricted stock unit awards prior to the consummation of the GCI divestiture in the shares of Liberty Broadband common stock underlying the vested portion of such restricted stock unit award.

The GCI separation principles (as defined and described in the section entitled “The Merger Agreement—GCI Divestiture”) contemplate that each Liberty Broadband equity award held by individuals who provide services primarily or solely to GCI or its subsidiaries that continues to remain outstanding as of the GCI divestiture will be converted entirely into an award with respect to stock of GCI spinco with the same terms and conditions as the original Liberty Broadband award, using a ratio based on the Liberty Broadband’s and GCI spinco’s respective stock prices.**

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#### TABLE OF CONTENTS
**Charter’s Reasons for the Combination; Recommendations of the Charter Special Committee and Charter Board of Directors (page**

#### 84
#### )

The Charter Board has unanimously determined that the transaction documents to which Charter is a party and the transactions contemplated thereby are advisable and fair to, and in the best interests of, Charter and its stockholders, including the Charter Disinterested Stockholders, approved the transaction documents to which Charter is a party and the transactions contemplated thereby and unanimously recommends that Charter stockholders vote “

#### FOR
” the Charter merger proposal, “

#### FOR
” the share issuance proposal and “

#### FOR
**” the Charter adjournment proposal. For the factors considered by the Charter special committee in making its recommendation to the Charter Board and by the Charter Board in reaching its decision to approve the transaction documents and to recommend the Charter merger proposal and the share issuance proposal to the Charter stockholders, see “The Combination—Charter’s Reasons for the Combination; Recommendations of the Charter Special Committee and Charter Board of Directors.”

Opinion of the Charter Special Committee’s Financial Advisor (page**

#### 90
#### )

**The Charter special committee retained Centerview as financial advisor to the Charter special committee in connection with the proposed combination and the other transactions contemplated by the merger agreement, which we collectively refer to as the “transactions” throughout this section and the summary of Centerview