Enrique Rodriguez - 13 Nov 2024 Form 4 Insider Report for Liberty Global Ltd. (LBTY)

Role
EVP, Chief Technology Officer
Signature
/s/ Cory Smith, Attorney-in-Fact
Issuer symbol
LBTY
Transactions as of
13 Nov 2024
Transactions value $
$0
Form type
4
Filing time
15 Nov 2024, 16:38:36 UTC
Previous filing
03 May 2024
Next filing
04 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 Restricted Share Units A Other $0 +18.3K $0.00 18.3K 13 Nov 2024 Class A Common Shares 18.3K Direct F1, F2, F3
transaction LBTY Restricted Share Units C Other $0 +18.1K $0.00 18.1K 13 Nov 2024 Class C Common Shares 18.1K Direct F1, F2, F3
transaction LBTY Share Appreciation Rights A Other $0 +124K $0.00 124K 13 Nov 2024 Class A Common Shares 124K $16.73 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +201K $0.00 201K 13 Nov 2024 Class A Common Shares 201K $15.00 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +137K $0.00 137K 13 Nov 2024 Class A Common Shares 137K $14.38 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +256K $0.00 256K 13 Nov 2024 Class A Common Shares 256K $9.27 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +554K $0.00 554K 13 Nov 2024 Class A Common Shares 554K $14.89 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +212K $0.00 212K 13 Nov 2024 Class A Common Shares 212K $10.70 Direct F2, F5
transaction LBTY Share Appreciation Rights A Other $0 +333K $0.00 333K 13 Nov 2024 Class A Common Shares 333K $9.66 Direct F2, F6
transaction LBTY Share Appreciation Rights C Other $0 +246K $0.00 246K 13 Nov 2024 Class C Common Shares 246K $16.21 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +398K $0.00 398K 13 Nov 2024 Class C Common Shares 398K $14.70 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +271K $0.00 271K 13 Nov 2024 Class C Common Shares 271K $14.08 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +507K $0.00 507K 13 Nov 2024 Class C Common Shares 507K $8.82 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +1.1M $0.00 1.1M 13 Nov 2024 Class C Common Shares 1.1M $14.97 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +420K $0.00 420K 13 Nov 2024 Class C Common Shares 420K $11.30 Direct F2, F5
transaction LBTY Share Appreciation Rights C Other $0 +330K $0.00 330K 13 Nov 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 previously reported (Bonus Shares), 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.