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

Signature
/s/ Michael T. Fries
Issuer symbol
LBTYA
Transactions as of
13 Nov 2024
Net transactions value
$0
Form type
4
Filing time
15 Nov 2024, 16:36:34 UTC
Previous filing
24 Oct 2024
Next filing
18 Mar 2025

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 +272,149 $0.000000 272,149 13 Nov 2024 Class A Common Shares 272,149 $24.26 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +367,000 $0.000000 367,000 13 Nov 2024 Class A Common Shares 367,000 $18.95 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +394,627 $0.000000 394,627 13 Nov 2024 Class A Common Shares 394,627 $20.61 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +509,440 $0.000000 509,440 13 Nov 2024 Class A Common Shares 509,440 $17.26 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +904,648 $0.000000 904,648 13 Nov 2024 Class A Common Shares 904,648 $15.00 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +684,406 $0.000000 684,406 13 Nov 2024 Class A Common Shares 684,406 $14.38 Direct F1, F2
transaction LBTY Share Appreciation Rights A Other $0 +896,133 $0.000000 896,133 13 Nov 2024 Class A Common Shares 896,133 $9.27 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +543,568 $0.000000 543,568 13 Nov 2024 Class C Common Shares 543,568 $23.62 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +727,094 $0.000000 727,094 13 Nov 2024 Class C Common Shares 727,094 $18.45 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +781,828 $0.000000 781,828 13 Nov 2024 Class C Common Shares 781,828 $20.29 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1,009,291 $0.000000 1,009,291 13 Nov 2024 Class C Common Shares 1,009,291 $16.87 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1,792,269 $0.000000 1,792,269 13 Nov 2024 Class C Common Shares 1,792,269 $14.70 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1,355,931 $0.000000 1,355,931 13 Nov 2024 Class C Common Shares 1,355,931 $14.08 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +1,775,400 $0.000000 1,775,400 13 Nov 2024 Class C Common Shares 1,775,400 $8.82 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +9,227,934 $0.000000 9,227,934 13 Nov 2024 Class C Common Shares 9,227,934 $14.97 Direct F1, F2
transaction LBTY Share Appreciation Rights C Other $0 +2,581,029 $0.000000 2,581,029 13 Nov 2024 Class C Common Shares 2,581,029 $11.30 Direct F1, F3
transaction LBTY Share Appreciation Rights C Other $0 +2,283,118 $0.000000 2,283,118 13 Nov 2024 Class C Common Shares 2,283,118 $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.