Michael T. Fries - Apr 25, 2023 Form 4 Insider Report for Liberty Global plc (LBTYA)

Role
President & CEO, Director
Signature
/s/ Michael T. Fries
Stock symbol
LBTYA
Transactions as of
Apr 25, 2023
Transactions value $
$0
Form type
4
Date filed
4/27/2023, 05:02 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 -212K -100% 0 Apr 25, 2023 Class A Ordinary Shares 212K $32.81 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +212K 212K Apr 25, 2023 Class A Ordinary Shares 212K $32.81 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Disposed to Issuer -228K -100% 0 Apr 25, 2023 Class A Ordinary Shares 228K $35.69 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +228K 228K Apr 25, 2023 Class A Ordinary Shares 228K $35.69 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Disposed to Issuer -294K -100% 0 Apr 25, 2023 Class A Ordinary Shares 294K $29.88 Direct F1, F2
transaction LBTYA Share Appreciation Rights A Award +294K 294K Apr 25, 2023 Class A Ordinary Shares 294K $29.88 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -424K -100% 0 Apr 25, 2023 Class C Ordinary Shares 424K $31.65 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +424K 424K Apr 25, 2023 Class C Ordinary Shares 424K $31.65 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -456K -100% 0 Apr 25, 2023 Class C Ordinary Shares 456K $34.80 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +456K 456K Apr 25, 2023 Class C Ordinary Shares 456K $34.80 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Disposed to Issuer -588K -100% 0 Apr 25, 2023 Class C Ordinary Shares 588K $28.94 Direct F1, F2
transaction LBTYA Share Appreciation Rights C Award +588K 588K Apr 25, 2023 Class C Ordinary Shares 588K $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.