Andrea Salvato - Nov 13, 2024 Form 4 Insider Report for Liberty Global Ltd. (LBTY)

Role
EVP, Chief Development Officer
Signature
/s/ Cory Smith, Attorney-in-Fact
Stock symbol
LBTY
Transactions as of
Nov 13, 2024
Transactions value $
$0
Form type
4
Date filed
11/15/2024, 04:37 PM
Previous filing
May 3, 2024
Next filing
Dec 2, 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 Restricted Share Units A Other $0 +1.44K $0.00 1.44K Nov 13, 2024 Class A Common Shares 1.44K Direct F1, F2, F3
transaction LBTY Restricted Share Units C Other $0 +1.42K $0.00 1.42K Nov 13, 2024 Class C Common Shares 1.42K Direct F1, F2, F3
transaction LBTY Share Appreciation Rights A Other $0 +31.7K $0.00 31.7K Nov 13, 2024 Class A Common Shares 31.7K $24.26 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +52.4K $0.00 52.4K Nov 13, 2024 Class A Common Shares 52.4K $18.95 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +49.3K $0.00 49.3K Nov 13, 2024 Class A Common Shares 49.3K $20.61 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +90.6K $0.00 90.6K Nov 13, 2024 Class A Common Shares 90.6K $17.26 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +161K $0.00 161K Nov 13, 2024 Class A Common Shares 161K $15.00 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +110K $0.00 110K Nov 13, 2024 Class A Common Shares 110K $14.38 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +205K $0.00 205K Nov 13, 2024 Class A Common Shares 205K $9.27 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +554K $0.00 554K Nov 13, 2024 Class A Common Shares 554K $14.89 Direct F2, F4
transaction LBTY Share Appreciation Rights A Other $0 +14K $0.00 14K Nov 13, 2024 Class A Common Shares 14K $14.99 Direct F2, F5
transaction LBTY Share Appreciation Rights A Other $0 +240K $0.00 240K Nov 13, 2024 Class A Common Shares 240K $10.70 Direct F2, F6
transaction LBTY Share Appreciation Rights A Other $0 +319K $0.00 319K Nov 13, 2024 Class A Common Shares 319K $9.66 Direct F2, F7
transaction LBTY Share Appreciation Rights C Other $0 +63.4K $0.00 63.4K Nov 13, 2024 Class C Common Shares 63.4K $23.62 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +104K $0.00 104K Nov 13, 2024 Class C Common Shares 104K $18.45 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +97.7K $0.00 97.7K Nov 13, 2024 Class C Common Shares 97.7K $20.29 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +179K $0.00 179K Nov 13, 2024 Class C Common Shares 179K $16.87 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +319K $0.00 319K Nov 13, 2024 Class C Common Shares 319K $14.70 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +217K $0.00 217K Nov 13, 2024 Class C Common Shares 217K $14.08 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +406K $0.00 406K Nov 13, 2024 Class C Common Shares 406K $8.82 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +1.1M $0.00 1.1M Nov 13, 2024 Class C Common Shares 1.1M $14.97 Direct F2, F4
transaction LBTY Share Appreciation Rights C Other $0 +27.7K $0.00 27.7K Nov 13, 2024 Class C Common Shares 27.7K $15.39 Direct F2, F5
transaction LBTY Share Appreciation Rights C Other $0 +475K $0.00 475K Nov 13, 2024 Class C Common Shares 475K $11.30 Direct F2, F6
transaction LBTY Share Appreciation Rights C Other $0 +316K $0.00 316K Nov 13, 2024 Class C Common Shares 316K $10.20 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be.
F2 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.
F3 Based on the Reporting Person's receipt of shares as part of the 2023 Annual Performance Award previously reported (Bonus Shares), the Reporting Person also received RSUs equal to 12.5% of such shares received pursuant to the shareholding incentive program of the 2023 Annual Performance Award program. These RSUs will vest in full on March 1, 2025, provided that the Reporting Person does not sell, transfer or otherwise dispose of the Bonus Shares through such date.
F4 The SARs are immediately exercisable.
F5 The SARs vest in three equal annual installments commencing on May 1, 2023.
F6 The SARs vest in three equal annual installments commencing on May 1, 2024.
F7 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.