Company: LBRDK
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001104659-25-029085
Chunk: 26

Company: Liberty Broadband Corp
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 26
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 2024 incentive plan ), and prior to its expiration, the Liberty Broadband 2019 Omnibus Incentive Plan, as amended (the 2019 incentive plan , and together with the 2024 incentive plan, the incentive plans ) are administered by our Board of Directors or our compensation committee. Subject to the terms of the Merger Agreement, our Board of Directors has full power and authority to grant eligible persons the awards described below and to determine the terms and conditions under which any awards are made. Our Board of Directors may grant non-qualified stock options, stock appreciation rights ( SARs ), restricted shares, RSUs, cash awards, performance awards or any combination of the foregoing under the 2024 incentive plan. The maximum number of shares of our common stock with respect to which awards may be issued under the 2024 incentive plan is 5,000,000 plus the shares remaining available for awards under the 2019 incentive plan, as of close of business on May 23, 2024, the effective date of the 2024 incentive plan. Any forfeited shares from the 2019 incentive plan shall also be available again under the 2024 incentive plan. Available shares are subject to anti-dilution and other adjustment provisions of the respective plans. Under the 2024 incentive plan, no nonemployee director may be granted during any calendar year awards having a value determined on the date of grant in excess of $1 million. Shares of our common stock issuable pursuant to awards made under the 2024 incentive plan are made available from either authorized but unissued shares or shares that have been issued but reacquired by our company. STOCK OWNERSHIP GUIDELINES Our Board of Directors previously adopted stock ownership guidelines that required each nonemployee director (other than Mr. Malone) to own shares of our company’s stock equal to at least three times the value of the nonemployee director fee. Nonemployee directors had five years from the nonemployee director’s initial appointment to our Board to comply with these guidelines. Because the 2025 director fees and any future director fees paid until the time our company merges with Charter are and will be paid in cash, our Board of Directors eliminated these stock holding guidelines in March 2025.

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TABLE OF CONTENTS Director Compensation

DIRECTOR COMPENSATION TABLE The following table sets forth information concerning the compensation of our nonemployee directors for 2024.

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