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

Role
EVP & CFO
Signature
/s/ Cory Smith, Attorney-in-Fact
Issuer symbol
LBTYA
Transactions as of
25 Apr 2023
Net transactions value
$0
Form type
4
Filing time
27 Apr 2023, 17:00:28 UTC
Previous filing
28 Mar 2023
Next filing
03 May 2023
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 LBTYA Share Appreciation Rights A Disposed to Issuer -60,536 -100% 0 25 Apr 2023 Class A Ordinary Shares 60,536 $32.81 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +60,536 60,536 25 Apr 2023 Class A Ordinary Shares 60,536 $32.81 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Disposed to Issuer -166,666 -100% 0 25 Apr 2023 Class A Ordinary Shares 166,666 $37.45 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +166,666 166,666 25 Apr 2023 Class A Ordinary Shares 166,666 $37.45 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Disposed to Issuer -56,958 -100% 0 25 Apr 2023 Class A Ordinary Shares 56,958 $35.69 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +56,958 56,958 25 Apr 2023 Class A Ordinary Shares 56,958 $35.69 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Disposed to Issuer -78,431 -100% 0 25 Apr 2023 Class A Ordinary Shares 78,431 $29.88 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +78,431 78,431 25 Apr 2023 Class A Ordinary Shares 78,431 $29.88 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -121,072 -100% 0 25 Apr 2023 Class C Ordinary Shares 121,072 $31.65 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +121,072 121,072 25 Apr 2023 Class C Ordinary Shares 121,072 $31.65 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -333,334 -100% 0 25 Apr 2023 Class C Ordinary Shares 333,334 $36.32 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +333,334 333,334 25 Apr 2023 Class C Ordinary Shares 333,334 $36.32 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -113,916 -100% 0 25 Apr 2023 Class C Ordinary Shares 113,916 $34.80 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +113,916 113,916 25 Apr 2023 Class C Ordinary Shares 113,916 $34.80 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -156,862 -100% 0 25 Apr 2023 Class C Ordinary Shares 156,862 $28.94 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +156,862 156,862 25 Apr 2023 Class C Ordinary Shares 156,862 $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.