SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
VERIZON BUSINESS NETWORK SERVICES INC

(Last) (First) (Middle)
22001 LOUDOUN COUNTY PARKWAY

(Street)
ASHBURN VA 20147

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GENERAL COMMUNICATION INC [ GNCMA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
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
Class B Common Stock 03/12/2007 S 1,275,791 D $14.5 0 D(1)
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 Securities Underlying Derivative Security (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: 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
Class A Common Stock Options $7.5 06/28/2000 06/28/2010 Class A Common Stock 50,000 50,000 D(2)
1. Name and Address of Reporting Person*
VERIZON BUSINESS NETWORK SERVICES INC

(Last) (First) (Middle)
22001 LOUDOUN COUNTY PARKWAY

(Street)
ASHBURN VA 20147

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
MCI COMMUNICATIONS CORP

(Last) (First) (Middle)
22001 LOUDOUN COUNTY PARKWAY

(Street)
ASHBURN VA 20147

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Verizon Business Global LLC

(Last) (First) (Middle)
ONE VERIZON WAY

(Street)
BASKING RIDGE NJ 07920

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VERIZON COMMUNICATIONS INC

(Last) (First) (Middle)
140 WEST STREET

(Street)
NEW YORK NY 10007

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Verizon Business Network Services Inc. (formerly known as MCI WORLDCOM Network Services, Inc.) ("Network Services") was the record owner of 1,275,791 shares of Class B Common Stock, the sale of which is reported on this Form 3. Network Services is a wholly-owned subsidiary of MCI Communications Corporation ("MCI"). MCI is a wholly-owned subsidiary of Verizon Business Global LLC ("Verizon Business"). Verizon Business is a wholly-owned subsidiary of Verizon Communications Inc. ("Verizon"). As such, MCI, Verizon Business and Verizon may have been deemed to have shared voting and dispositive powers over the 1,275,791 shares of Class B Common Stock sold by Network Services.
2. Network Services is the record owner of 50,000 options to purchase Class A Common Stock. MCI, Verizon Business and Verizon may be deemed to have shared voting and dispositive powers over the 50,000 shares of Class A Common Stock that may be obtained upon the exercise of the options held by Network Services.
/s/ Randal S. Milch 03/13/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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