Company: LBRDK
Filing Date: 2025-01-22
Form Type: DEFM14A
Source: 0001140361-25-001609
Chunk: 235

Company: Liberty Broadband Corp
Filing Date: 2025-01-22
Form: DEFM14A
Chunk 235
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 by individuals who provide services primarily or solely to GCI or its subsidiaries (other than such restricted stock unit awards that, by their terms as in effect as of November 12, 2024, would not have vested as of June 30, 2027) and who are not directors or executive officers of Liberty**

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#### TABLE OF CONTENTS
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.

#### Closing and Effectiveness of the Combination
Unless the merger agreement is terminated in accordance with its terms, the closing of the combination will occur on the later of (i) June 30, 2027 and (ii) the third business day after all of the closing conditions set forth in the merger agreement are satisfied or waived (to the extent waivable) by the party entitled to the benefit of the same (other than conditions that by their terms are to be satisfied at the closing, but subject to the satisfaction or waiver of those conditions), or at another time or date agreed to in writing by Charter and Liberty Broadband, and subject to adjustment pursuant to the merger agreement in connection with a proposed tax law change (as defined below).

The merger will become effective at the time that, following the effectiveness of the certificate of designations for the Charter rollover preferred stock (the “

#### Charter certificate of designations
”), the form of which is attached as Annex I to this joint proxy statement/prospectus, with the Delaware Secretary of State, the certificate of merger has been filed with the Delaware Secretary of State or at a later date and time agreed to by Charter and Liberty Broadband and