H. Bracken Charles - Apr 25, 2023 Form 4 Insider Report for Liberty Global plc (LBTYA)

Role
EVP & CFO
Signature
/s/ Cory Smith, Attorney-in-Fact
Stock symbol
LBTYA
Transactions as of
Apr 25, 2023
Transactions value $
$0
Form type
4
Date filed
4/27/2023, 05:00 PM
Previous filing
Mar 28, 2023
Next filing
May 3, 2023

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 LBTYA Share Appreciation Rights A Disposed to Issuer -60.5K -100% 0 Apr 25, 2023 Class A Ordinary Shares 60.5K $32.81 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +60.5K 60.5K Apr 25, 2023 Class A Ordinary Shares 60.5K $32.81 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Disposed to Issuer -167K -100% 0 Apr 25, 2023 Class A Ordinary Shares 167K $37.45 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +167K 167K Apr 25, 2023 Class A Ordinary Shares 167K $37.45 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Disposed to Issuer -57K -100% 0 Apr 25, 2023 Class A Ordinary Shares 57K $35.69 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +57K 57K Apr 25, 2023 Class A Ordinary Shares 57K $35.69 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Disposed to Issuer -78.4K -100% 0 Apr 25, 2023 Class A Ordinary Shares 78.4K $29.88 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +78.4K 78.4K Apr 25, 2023 Class A Ordinary Shares 78.4K $29.88 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -121K -100% 0 Apr 25, 2023 Class C Ordinary Shares 121K $31.65 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +121K 121K Apr 25, 2023 Class C Ordinary Shares 121K $31.65 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -333K -100% 0 Apr 25, 2023 Class C Ordinary Shares 333K $36.32 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +333K 333K Apr 25, 2023 Class C Ordinary Shares 333K $36.32 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -114K -100% 0 Apr 25, 2023 Class C Ordinary Shares 114K $34.80 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +114K 114K Apr 25, 2023 Class C Ordinary Shares 114K $34.80 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -157K -100% 0 Apr 25, 2023 Class C Ordinary Shares 157K $28.94 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +157K 157K Apr 25, 2023 Class C Ordinary Shares 157K $28.94 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 ordinary shares are LBTYA, LBTYB, and LBTYK.