MICHAEL T. FRIES - 13 Nov 2024 Form 4 Insider Report for Liberty Global Ltd. (LBTY)

Role
President & CEO, Director
Signature
/s/ Michael T. Fries
Issuer symbol
LBTY
Transactions as of
13 Nov 2024
Transactions value $
$0
Form type
4
Filing time
15 Nov 2024, 16:36:34 UTC
Previous filing
24 Oct 2024
Next filing
18 Mar 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LBTY Share Appreciation Rights A Other $0 +272K $0.00 272K 13 Nov 2024 Class A Common Shares 272K $24.26 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +367K $0.00 367K 13 Nov 2024 Class A Common Shares 367K $18.95 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +395K $0.00 395K 13 Nov 2024 Class A Common Shares 395K $20.61 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +509K $0.00 509K 13 Nov 2024 Class A Common Shares 509K $17.26 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +905K $0.00 905K 13 Nov 2024 Class A Common Shares 905K $15.00 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +684K $0.00 684K 13 Nov 2024 Class A Common Shares 684K $14.38 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +896K $0.00 896K 13 Nov 2024 Class A Common Shares 896K $9.27 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +544K $0.00 544K 13 Nov 2024 Class C Common Shares 544K $23.62 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +727K $0.00 727K 13 Nov 2024 Class C Common Shares 727K $18.45 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +782K $0.00 782K 13 Nov 2024 Class C Common Shares 782K $20.29 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1.01M $0.00 1.01M 13 Nov 2024 Class C Common Shares 1.01M $16.87 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1.79M $0.00 1.79M 13 Nov 2024 Class C Common Shares 1.79M $14.70 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1.36M $0.00 1.36M 13 Nov 2024 Class C Common Shares 1.36M $14.08 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1.78M $0.00 1.78M 13 Nov 2024 Class C Common Shares 1.78M $8.82 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +9.23M $0.00 9.23M 13 Nov 2024 Class C Common Shares 9.23M $14.97 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +2.58M $0.00 2.58M 13 Nov 2024 Class C Common Shares 2.58M $11.30 Direct F1, F3
transaction LBTY Share Appreciation Rights C Other $0 +2.28M $0.00 2.28M 13 Nov 2024 Class C Common Shares 2.28M $10.20 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The disclosures herein reflect adjustments to equity awards previously granted. No new awards were made. The Issuer effected a spin-off of Sunrise Communications AG (the Spin-Off) on November 8, 2024. In the ordinary course of business and under the terms of the Issuer's equity incentive plans, equity awards held by the Issuer's employees and directors have been adjusted to reflect the distribution made in the Spin-Off. As a result of these adjustments, the number of the Issuer's Class A common shares and Class C common shares, as applicable, underlying the outstanding share options, share appreciation rights (SARs) and certain restricted share units (RSUs) and the exercise prices of the share options and SARs, in each case, reported herein were adjusted to preserve the intrinsic value of such securities pre- and post-Spin-Off.
F2 The SARs are immediately exercisable.
F3 The SARs vest in three equal annual installments commencing on May 1, 2024.
F4 The SARs vest in three equal annual installments commencing on May 1, 2025.

Remarks:

The trading symbols for the Issuer's classes of common shares are LBTYA, LBTYB, and LBTYK.