JOHN M. WINTER - 22 Oct 2024 Form 4 Insider Report for Liberty Latin America Ltd. (LILA)

Role
SVP, CLO AND SECRETARY
Signature
/s/ John M. Winter
Issuer symbol
LILA
Transactions as of
22 Oct 2024
Net transactions value
$0
Form type
4
Filing time
24 Oct 2024, 16:07:43 UTC
Previous filing
26 Jul 2024
Next filing
04 Feb 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 LILA Share Appreciation Rights A Disposed to Issuer -11,854 -100% 0 22 Oct 2024 Class A Common Shares 11,854 $21.58 Direct F1, F2
transaction LILA Share Appreciation Rights A Award +11,854 11,854 22 Oct 2024 Class A Common Shares 11,854 $21.58 Direct F1, F2
transaction LILA Share Appreciation Rights A Disposed to Issuer -24,112 -100% 0 22 Oct 2024 Class A Common Shares 24,112 $18.63 Direct F1, F2
transaction LILA Share Appreciation Rights A Award +24,112 24,112 22 Oct 2024 Class A Common Shares 24,112 $18.63 Direct F1, F2
transaction LILA Share Appreciation Rights A Disposed to Issuer -23,621 -100% 0 22 Oct 2024 Class A Common Shares 23,621 $19.91 Direct F1, F2
transaction LILA Share Appreciation Rights A Award +23,621 23,621 22 Oct 2024 Class A Common Shares 23,621 $19.91 Direct F1, F2
transaction LILA Share Appreciation Rights A Disposed to Issuer -42,449 -100% 0 22 Oct 2024 Class A Common Shares 42,449 $10.42 Direct F1, F2
transaction LILA Share Appreciation Rights A Award +42,449 42,449 22 Oct 2024 Class A Common Shares 42,449 $10.42 Direct F1, F2
transaction LILA Share Appreciation Rights C Disposed to Issuer -23,708 -100% 0 22 Oct 2024 Class C Common Shares 23,708 $21.39 Direct F1, F2
transaction LILA Share Appreciation Rights C Award +23,708 23,708 22 Oct 2024 Class C Common Shares 23,708 $21.39 Direct F1, F2
transaction LILA Share Appreciation Rights C Disposed to Issuer -48,224 -100% 0 22 Oct 2024 Class C Common Shares 48,224 $18.24 Direct F1, F2
transaction LILA Share Appreciation Rights C Award +48,224 48,224 22 Oct 2024 Class C Common Shares 48,224 $18.24 Direct F1, F2
transaction LILA Share Appreciation Rights C Disposed to Issuer -47,242 -100% 0 22 Oct 2024 Class C Common Shares 47,242 $20.03 Direct F1, F2
transaction LILA Share Appreciation Rights C Award +47,242 47,242 22 Oct 2024 Class C Common Shares 47,242 $20.03 Direct F1, F2
transaction LILA Share Appreciation Rights C Disposed to Issuer -84,898 -100% 0 22 Oct 2024 Class C Common Shares 84,898 $10.48 Direct F1, F2
transaction LILA Share Appreciation Rights C Award +84,898 84,898 22 Oct 2024 Class C Common Shares 84,898 $10.48 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions involve an extension of the seven-year exercise period on existing share appreciation rights (SAR) for an additional three-year period. For Form 4 reporting purposes, this is shown as if the outstanding SAR were to be cancelled and replaced by a new SAR. However, from the Issuer's perspective, no new SAR is issued, the Issuer has only extended the expiration term on the original grant, with the same pricing and other terms continuing to apply.
F2 Vesting and exercise of the existing SAR has not changed as a result of the extension and therefore the SAR continues to be immediately exercisable.

Remarks:

The trading symbols for the Issuer's classes of common shares are LILA, LILAB, and LILAK.