Balan Nair - May 12, 2021 Form 4 Insider Report for Liberty Latin America Ltd. (LILA)

Role
President and CEO, Director
Signature
/s/ John M. Winter, Attorney-in-Fact
Stock symbol
LILA
Transactions as of
May 12, 2021
Transactions value $
$0
Form type
4
Date filed
12/14/2021, 03:16 PM
Next filing
Jun 4, 2021

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 LILA Restricted Share Units A Award $0 +93.3K $0.00 93.3K May 12, 2021 Class A Common Shares 93.3K Direct F1, F2
transaction LILA Restricted Share Units C Award $0 +187K $0.00 187K May 12, 2021 Class C Common Shares 187K Direct F1, F2
transaction LILA Share Appreciation Rights A Award $0 +196K $0.00 196K May 12, 2021 Class A Common Shares 196K $14.00 Direct F3
transaction LILA Share Appreciation Rights C Award $0 +392K $0.00 392K May 12, 2021 Class C Common Shares 392K $14.10 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Share Unit represents a right to receive one share of the Issuer's Class A common shares or Class C common shares, as the case may be, at settlement.
F2 The RSUs vest in three equal annual installments on March 15 of 2022, 2023 and 2024.
F3 The SARs vest in three equal annual installments on March 15 of 2022, 2023 and 2024.

Remarks:

The trading symbols for the Issuer's classes of common shares are LILA, LILAB, and LILAK. The RSU and SAR grants reported in Table II were previously reported in the Issuer's Current Report on Form 8-K filed with the SEC on March 22, 2021 and were contingent on shareholder approval of an amendment to the Liberty Latin America 2018 Incentive Plan. The grants became effective on May 12, 2021 upon receipt of such shareholder approval, but were not reported in a timely manner due to an inadvertent administrative error.