Michael T. Fries - Nov 13, 2024 Form 4 Insider Report for Liberty Global Ltd. (LBTY)

Role
President & CEO, Director
Signature
/s/ Michael T. Fries
Stock symbol
LBTY
Transactions as of
Nov 13, 2024
Transactions value $
$0
Form type
4
Date filed
11/15/2024, 04:36 PM
Previous filing
Oct 24, 2024

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 LBTY Share Appreciation Rights A Other $0 +272K $0.00 272K Nov 13, 2024 Class A Common Shares 272K $24.26 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +367K $0.00 367K Nov 13, 2024 Class A Common Shares 367K $18.95 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +395K $0.00 395K Nov 13, 2024 Class A Common Shares 395K $20.61 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +509K $0.00 509K Nov 13, 2024 Class A Common Shares 509K $17.26 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +905K $0.00 905K Nov 13, 2024 Class A Common Shares 905K $15.00 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +684K $0.00 684K Nov 13, 2024 Class A Common Shares 684K $14.38 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +896K $0.00 896K Nov 13, 2024 Class A Common Shares 896K $9.27 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +544K $0.00 544K Nov 13, 2024 Class C Common Shares 544K $23.62 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +727K $0.00 727K Nov 13, 2024 Class C Common Shares 727K $18.45 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +782K $0.00 782K Nov 13, 2024 Class C Common Shares 782K $20.29 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1.01M $0.00 1.01M Nov 13, 2024 Class C Common Shares 1.01M $16.87 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1.79M $0.00 1.79M Nov 13, 2024 Class C Common Shares 1.79M $14.70 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1.36M $0.00 1.36M Nov 13, 2024 Class C Common Shares 1.36M $14.08 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1.78M $0.00 1.78M Nov 13, 2024 Class C Common Shares 1.78M $8.82 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +9.23M $0.00 9.23M Nov 13, 2024 Class C Common Shares 9.23M $14.97 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +2.58M $0.00 2.58M Nov 13, 2024 Class C Common Shares 2.58M $11.30 Direct F1, F3
transaction LBTY Share Appreciation Rights C Other $0 +2.28M $0.00 2.28M Nov 13, 2024 Class C Common Shares 2.28M $10.20 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The disclosures herein reflect adjustments to equity awards previously granted. No new awards were made. The Issuer effected a spin-off of Sunrise Communications AG (the Spin-Off) on November 8, 2024. In the ordinary course of business and under the terms of the Issuer's equity incentive plans, equity awards held by the Issuer's employees and directors have been adjusted to reflect the distribution made in the Spin-Off. As a result of these adjustments, the number of the Issuer's Class A common shares and Class C common shares, as applicable, underlying the outstanding share options, share appreciation rights (SARs) and certain restricted share units (RSUs) and the exercise prices of the share options and SARs, in each case, reported herein were adjusted to preserve the intrinsic value of such securities pre- and post-Spin-Off.
F2 The SARs are immediately exercisable.
F3 The SARs vest in three equal annual installments commencing on May 1, 2024.
F4 The SARs vest in three equal annual installments commencing on May 1, 2025.

Remarks:

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