Rocio Lorenzo - 15 Mar 2022 Form 4 Insider Report for Liberty Latin America Ltd. (LILA)

Role
CCO
Signature
John M. Winter, Attorney-in-Fact
Issuer symbol
LILA
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 09:07:49 UTC
Previous filing
15 Mar 2022
Next filing
03 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LILA Class A Common Shares Award $0 +19,433 $0.000000 19,433 15 Mar 2022 Direct F1
transaction LILA Class C Common Shares Award $0 +38,866 +3886600% $0.000000 38,867 15 Mar 2022 Direct F1

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 +2,429 2,429 15 Mar 2022 Class A Common Shares 2,429 Direct F2, F3
transaction LILA Restricted Share Units C Award +4,858 4,858 15 Mar 2022 Class C Common Shares 4,858 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer's annual performance award program includes a shareholder incentive program that allows participants, including the Reporting Person, to receive up to 100% of their annual performance awards in common shares of the Issuer in lieu of cash; thereby, aligning our employees' interests and our shareholders. These shares represent the Reporting Person's election to receive such common shares in respect of her 2021 annual performance award (the Bonus Shares).
F2 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.
F3 Based on the Reporting Person's share election described in footnote 1, the Reporting Person also received RSUs equal to 12.5% of the Bonus Shares pursuant to the shareholder incentive program of the 2021 annual performance award program. These RSUs will vest in full on March 1, 2023, provided that the Reporting Person does not sell, transfer or otherwise dispose of the Bonus Shares through such date.

Remarks:

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