H. Bracken Charles - Nov 13, 2024 Form 4 Insider Report for Liberty Global Ltd. (LBTY)

Role
EVP & CFO
Signature
/s/ Cory Smith, Attorney-in-Fact
Stock symbol
LBTY
Transactions as of
Nov 13, 2024
Transactions value $
$0
Form type
4
Date filed
11/15/2024, 04:37 PM
Previous filing
Oct 24, 2024
Next filing
Dec 3, 2024
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 Restricted Share Units A Other $0 +1.38K $0.00 1.38K Nov 13, 2024 Class A Common Shares 1.38K Direct F1, F2, F3
transaction LBTY Restricted Share Units C Other $0 +1.37K $0.00 1.37K Nov 13, 2024 Class C Common Shares 1.37K Direct F1, F2, F3
transaction LBTY Share Appreciation Rights A Other $0 +90.7K $0.00 90.7K Nov 13, 2024 Class A Common Shares 90.7K $24.26 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +105K $0.00 105K Nov 13, 2024 Class A Common Shares 105K $18.95 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +289K $0.00 289K Nov 13, 2024 Class A Common Shares 289K $21.63 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +98.7K $0.00 98.7K Nov 13, 2024 Class A Common Shares 98.7K $20.61 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +136K $0.00 136K Nov 13, 2024 Class A Common Shares 136K $17.26 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +241K $0.00 241K Nov 13, 2024 Class A Common Shares 241K $15.00 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +164K $0.00 164K Nov 13, 2024 Class A Common Shares 164K $14.38 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +205K $0.00 205K Nov 13, 2024 Class A Common Shares 205K $9.27 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +664K $0.00 664K Nov 13, 2024 Class A Common Shares 664K $14.89 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +250K $0.00 250K Nov 13, 2024 Class A Common Shares 250K $10.70 Direct F2, F5
transaction LBTY Share Appreciation Rights A Other $0 +333K $0.00 333K Nov 13, 2024 Class A Common Shares 333K $9.66 Direct F2, F6
transaction LBTY Share Appreciation Rights C Other $0 +181K $0.00 181K Nov 13, 2024 Class C Common Shares 181K $23.62 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +208K $0.00 208K Nov 13, 2024 Class C Common Shares 208K $18.45 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +572K $0.00 572K Nov 13, 2024 Class C Common Shares 572K $21.17 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +195K $0.00 195K Nov 13, 2024 Class C Common Shares 195K $20.29 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +269K $0.00 269K Nov 13, 2024 Class C Common Shares 269K $16.87 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +478K $0.00 478K Nov 13, 2024 Class C Common Shares 478K $14.70 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +325K $0.00 325K Nov 13, 2024 Class C Common Shares 325K $14.08 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +406K $0.00 406K Nov 13, 2024 Class C Common Shares 406K $8.82 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +1.32M $0.00 1.32M Nov 13, 2024 Class C Common Shares 1.32M $14.97 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +495K $0.00 495K Nov 13, 2024 Class C Common Shares 495K $11.30 Direct F2, F5
transaction LBTY Share Appreciation Rights C Other $0 +330K $0.00 330K Nov 13, 2024 Class C Common Shares 330K $10.20 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Share Unit (RSU) represents a right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be.
F2 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.
F3 Based on the Reporting Person's receipt of shares as part of the 2023 Annual Performance Award described in footnote 1, the Reporting Person also received RSUs equal to 12.5% of such shares received pursuant to the shareholding incentive program of the 2023 Annual Performance Award program. These RSUs will vest in full on March 1, 2025, provided that the Reporting Person does not sell, transfer or otherwise dispose of the Bonus Shares through such date.
F4 The SARs are immediately exercisable.
F5 The SARs vest in three equal annual installments commencing on May 1, 2024.
F6 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.