X0303 4 2009-09-08 0 0000808461 GENERAL COMMUNICATION INC GNCMA 0001226421 DOWLING RICHARD P 2550 DENALI STREET SUITE 1000 ANCHORAGE AK 99503 0 1 0 0 Sr VP Class A Common Stock 2009-09-08 4 A 0 94834 A 98720 D Class A Common Stock 30000 I by Corporation Class A Common Stock 13377 I by Trust Non-Qualified Stock Option (right to buy) 6.5 2009-09-08 4 D 0 175000 D 2001-03-14 2010-03-14 Class A Common Stock 175000 0 D Non-Qualified Stock Option (right to buy) 7.25 2009-09-08 4 D 0 150000 D 2003-02-08 2012-02-08 Class A Common Stock 150000 0 D On September 8, 2009, the issuer canceled each of the options set forth in Table II above pursuant to the issuer's option exchange program. In exchange for the options, the reporting person received the restricted shares of Class A Common Stock (the "Restricted Stock") set forth in Table I above. 50% of the shares of Restricted Stock will vest on December 20, 2011, and the remaining 50% of the shares of Restricted Stock will vest on February 28, 2012. Shares owned by the Company on behalf of the reporting person pursuant to a deferred compensation agreement whereby the shares will ultimately be distributed to the reporting person. All shares owned by virtue of participation in the Company's Employee Stock Purchase Plan through December 31, 2008. By: John M Lowber For: Richard P Dowling 2009-09-10