Balan Nair - 31 Jan 2022 Form 4 Insider Report for Liberty Latin America Ltd. (LILA)

Role
President and CEO, Director
Signature
/s/ John M. Winter, Attorney-in-Fact
Issuer symbol
LILA
Transactions as of
31 Jan 2022
Net transactions value
-$1,037,511
Form type
4
Filing time
02 Feb 2022, 15:13:19 UTC
Previous filing
14 Feb 2022
Next filing
17 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LILA Class C Common Shares Award +230,991 +36% 881,160 31 Jan 2022 Direct F1
transaction LILA Class C Common Shares Tax liability $1,037,511 -95,977 -11% $10.81 785,183 31 Jan 2022 Direct
holding LILA Class C Common Shares 6,405 31 Jan 2022 By 401(k) Plan F2
holding LILA Class C Common Shares 1,139 31 Jan 2022 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class C common shares were issued to Mr. Nair pursuant to his June 2020 election under the Issuer's deferred compensation plan to defer payment of the bonus he had earned under the Issuer's 2020 annual performance award program. Pursuant to the terms of the election in 2020 and the deferred compensation plan, the number of shares issued was determined using the closing market price of the Issuer's Class C common shares on January 31, 2022.
F2 The Reporting Person received 542 shares contributed by Issuer under its 401(k) Plan as of January 31, 2022.

Remarks:

The trading symbols for the Issuer's classes of common shares are LILA, LILAB, and LILAK.