Daniel E. Sanchez - 13 Nov 2024 Form 4 Insider Report for Liberty Global Ltd. (LBTY)

Role
Director
Signature
/s/ Cory Smith, Attorney-in-Fact
Issuer symbol
LBTY
Transactions as of
13 Nov 2024
Net transactions value
$0
Form type
4
Filing time
15 Nov 2024, 16:38:56 UTC
Previous filing
03 Oct 2024
Next filing
18 Mar 2025
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 LBTY Share Option A (right to buy) Other $0 +7,390 $0.000000 7,390 13 Nov 2024 Class A Common Shares 7,390 $12.73 Direct F1, F2
transaction LBTY Share Option A (right to buy) Other $0 +8,613 $0.000000 8,613 13 Nov 2024 Class A Common Shares 8,613 $9.95 Direct F1, F3
transaction LBTY Share Option A (right to buy) Other $0 +15,296 $0.000000 15,296 13 Nov 2024 Class A Common Shares 15,296 $9.83 Direct F1, F4
transaction LBTY Share Option C (right to buy) Other $0 +14,640 $0.000000 14,640 13 Nov 2024 Class C Common Shares 14,640 $13.53 Direct F1, F2
transaction LBTY Stock Option C (right to buy) Other $0 +17,063 $0.000000 17,063 13 Nov 2024 Class C Common Shares 17,063 $10.63 Direct F1, F3
transaction LBTY Share Option C (right to buy) Other $0 +15,152 $0.000000 15,152 13 Nov 2024 Class C Common Shares 15,152 $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.