FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MALONE JOHN C
   2. Issuer Name and Ticker or Trading Symbol
Liberty Broadband Corp [LBRDA] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
12300 LIBERTY BLVD.		 3. Date of Earliest Transaction (Month/Day/Year)
12/31/2014
(Street)

ENGLEWOOD, CO 80112		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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
Series C Common Stock 12/31/2014   X   49,853 A $ 40.36 216,024 (1) I By Spouse
Series C Common Stock 12/31/2014   X   73,590 A $ 40.36 318,888 (2) I John C. Malone June 2003 Charitable Remainder Unitrust
Series C Common Stock               4,617,054 (3) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Underlying Securities
(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 of Derivative Security: 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
Subscription Right (Right to Buy) - LBRKR (4) $ 40.36 12/31/2014   G V   992,000   (5)   (6) Series C Common Stock 992,000 $ 0 0 D  
Subscription Right (Right to Buy) - LBRKR (4) $ 40.36 12/31/2014   X     49,853 (7)   (5)   (6) Series C Common Stock 49,853 $ 0 0 I By Spouse
Subscription Right (Right to Buy) - LBRKR (4) $ 40.36 12/31/2014   X     73,590   (5)   (6) Series C Common Stock 73,590 $ 0 0 I John C. Malone June 2003 Charitable Remainder Unitrust
Subscription Right (Right to Buy) - LBRKR (4) $ 40.36               (5)   (6) Series C Common Stock 393,332   393,332 (8) I Malone LG 2013 Charitable Remainder Unitrust

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MALONE JOHN C
12300 LIBERTY BLVD.
ENGLEWOOD, CO 80112		   X   X    

Signatures

 /s/ Pamela L. Coe as Attorney-in-Fact for John C. Malone   01/05/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Includes 166,171 shares acquired in a pro rata distribution by Liberty Media Corporation ("Liberty") on November 4, 2014 in connection with the spin-off of the Issuer (formerly a wholly-owned subsidiary of Liberty) from Liberty (the "spin-off"). The reporting person disclaims beneficial ownership of these shares owned by his spouse.
(2) Includes 245,298 shares acquired in a pro rata distribution by Liberty on November 4, 2014 in connection with the spin-off.
(3) Consists of 4,617,054 shares acquired in a pro rata distribution by Liberty on November 4, 2014 in connection with the spin-off.
(4) The rights offering is subject to termination or extension by the Issuer at any time prior to consummation.
(5) The rights offering commenced on December 11, 2014.
(6) The rights offering will expire at 5:00 p.m., New York City time, on January 9, 2015 unless extended by the Issuer.
(7) The reporting person disclaimed beneficial ownership of these shares owned by his spouse.
(8) Consists of 393,332 rights to acquire shares of the Issuer's Series C Common Stock received by the reporting person in a pro rata distribution on December 10, 2014. Such rights were transferred to a charitable remainder trust of which the reporting person is sole trustee and, together with his spouse, retains a unitrust interest in the trust.

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