MICHAEL T. FRIES - 21 Mar 2025 Form 4 Insider Report for Liberty Global Ltd. (LBTY)

Role
President & CEO, Director
Signature
/s/ Michael T. Fries
Issuer symbol
LBTY
Transactions as of
21 Mar 2025
Net transactions value
$0
Form type
4
Filing time
25 Mar 2025, 16:23:36 UTC
Previous filing
18 Mar 2025
Next filing
05 May 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 Performance Share Units C Award $0 +925,772 $0.000000 925,772 21 Mar 2025 Class C Common Shares 925,772 Direct F1
transaction LBTY Restricted Share Units C Award +264,506 264,506 21 Mar 2025 Class C Common Shares 264,506 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Share Unit ("PSU") represents a contingent right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be. PSUs are subject to performance conditions based upon achievement of stock price hurdles over a three-year period from January 1, 2025 to December 31, 2027 with "cliff" vesting on February 15, 2028, assuming continued employment. PSUs will vest from 0-100 percent, with an opportunity to earn more if there is overperformance, capped at 200 percent.
F2 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.
F3 The RSUs vest in three equal annual installments commencing on May 1, 2026.

Remarks:

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