Sec Form 4 Filing - ARCTIC SLOPE REGIONAL CORP @ GENERAL COMMUNICATION INC - 2010-10-21

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person ARCTIC SLOPE REGIONAL CORP 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) (Last) (First) (Middle) 3900 C STREET SUITE 801 3. Date of Earliest Transaction (MM/DD/YY) 10/21/2010 (Street) ANCHORAGE, AK99503 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 A Common Stock, no par value 10/21/2010 S 7,486,240 ( 1 ) D $ 10.1562 ( 2 ) 0 D

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other ARCTIC SLOPE REGIONAL CORP 3900 C STREET SUITE 801 ANCHORAGE, AK99503 X Signatures Denali Kemppel, EVP, General Counsel, on behalf of Arctic Slope Regional Corporation 10/22/2010 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On October 21, 2010, Arctic Slope Regional Corporation ("ASRC") and General Communication, Inc. (the "Issuer") entered into a Stock Purchase Agreement whereby the Issuer purchased 7,486,240 shares of Class A Common Stock, no par value (the "Class A Common Stock"), of the Issuer, which represented all of the outstanding shares of Class A Common Stock held by ASRC, for an aggregate purchase price of $76,031,750.69. The aggregate amount of shares of Class A Common Stock sold by ASRC to the Issuer includes 5,000 shares of Class A Common Stock held by ASRC that were inadvertently excluded from the number of shares previously disclosed on the Form 3 filed by ASRC on April 25, 2008. These excluded 5,000 shares of Class A Common Stock were not the result of a stock purchase. ( 2 )The aggregate purchase price of $76,031,750.69 was calculated by multiplying 7,486,240 by the average per share volume-weighted price over five consecutive trading days.

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.