John C. Malone - 25 Apr 2023 Form 4 Insider Report for Liberty Global plc (LBTYA)

Role
Director, 10%+ Owner
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, 17:03:40 UTC
Previous filing
31 Mar 2023
Next filing
11 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 Option A (right to buy) Disposed to Issuer -30,259 -100% 0 25 Apr 2023 Class A Ordinary Shares 30,259 $32.81 Direct F1, F2
transaction LBTYA Share Option A (right to buy) Award +30,259 30,259 25 Apr 2023 Class A Ordinary Shares 30,259 $32.81 Direct F1, F2
transaction LBTYA Share Option A (right to buy) Disposed to Issuer -32,473 -100% 0 25 Apr 2023 Class A Ordinary Shares 32,473 $35.69 Direct F1, F2
transaction LBTYA Share Option A (right to buy) Award +32,473 32,473 25 Apr 2023 Class A Ordinary Shares 32,473 $35.69 Direct F1, F2
transaction LBTYA Share Option C (right to buy) Disposed to Issuer -60,518 -100% 0 25 Apr 2023 Class C Ordinary Shares 60,518 $31.65 Direct F1, F2
transaction LBTYA Share Option C (right to buy) Award +60,518 60,518 25 Apr 2023 Class C Ordinary Shares 60,518 $31.65 Direct F1, F2
transaction LBTYA Share Option C (right to buy) Disposed to Issuer -64,946 -100% 0 25 Apr 2023 Class C Ordinary Shares 64,946 $34.80 Direct F1, F2
transaction LBTYA Share Option C (right to buy) Award +64,946 64,946 25 Apr 2023 Class C Ordinary Shares 64,946 $34.80 Direct F1, F2
transaction LBTYA Share Option C (right to buy) Disposed to Issuer -129,974 -100% 0 25 Apr 2023 Class C Ordinary Shares 129,974 $28.94 Direct F1, F2
transaction LBTYA Share Option C (right to buy) Award +129,974 129,974 25 Apr 2023 Class C Ordinary Shares 129,974 $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 options for an additional three-year period. For Form 4 reporting purposes, this is shown as if the outstanding option were to be cancelled and replaced by a new option. However, from the Issuer's perspective, no new option 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 option has not changed as a result of the extension and therefore the option continues to be immediately exercisable.

Remarks:

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