Marisa D. Drew - Nov 13, 2024 Form 4 Insider Report for Liberty Global Ltd. (LBTY)

Role
Director
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, 04:38 PM
Previous filing
May 23, 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 Option A (right to buy) Other $0 +7.39K $0.00 7.39K Nov 13, 2024 Class A Common Shares 7.39K $12.73 Direct F1, F2
transaction LBTY Share Option A (right to buy) Other $0 +8.61K $0.00 8.61K Nov 13, 2024 Class A Common Shares 8.61K $9.95 Direct F1, F3
transaction LBTY Share Option A (right to buy) Other $0 +15.3K $0.00 15.3K Nov 13, 2024 Class A Common Shares 15.3K $9.83 Direct F1, F4
transaction LBTY Share Option C (right to buy) Other $0 +14.6K $0.00 14.6K Nov 13, 2024 Class C Common Shares 14.6K $13.53 Direct F1, F2
transaction LBTY Share Option C (right to buy) Other $0 +17.1K $0.00 17.1K Nov 13, 2024 Class C Common Shares 17.1K $10.63 Direct F1, F3
transaction LBTY Share Option C (right to buy) Other $0 +15.2K $0.00 15.2K Nov 13, 2024 Class C Common Shares 15.2K $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 option vests in three equal annual installments commencing on the date of the Issuer's 2023 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.
F3 The option vests in three equal annual installments commencing on the date of the Issuer's 2024 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.
F4 The option vests in three equal annual installments commencing on the date of the Issuer's 2025 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.

Remarks:

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