Rocio Lorenzo - Aug 1, 2023 Form 4 Insider Report for Liberty Latin America Ltd. (LILA)

Role
CCO
Signature
John M. Winter, Attorney-in-Fact
Stock symbol
LILA
Transactions as of
Aug 1, 2023
Transactions value $
$10,147
Form type
4
Date filed
8/3/2023, 04:18 PM
Previous filing
Mar 22, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LILA Class C Common Shares Award $10.1K +1.29K +1.36% $7.89 96K Jun 30, 2023 Direct F1, F2
transaction LILA Class A Common Shares Options Exercise +7.19K +15.27% 54.3K Aug 1, 2023 Direct F3
transaction LILA Class C Common Shares Options Exercise +14.4K +14.99% 110K Aug 1, 2023 Direct F3

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 Options Exercise -7.19K -50% 7.19K Aug 1, 2023 Class A Common Shares 7.19K Direct F3, F4
transaction LILA Restricted Share Units C Options Exercise -14.4K -50% 14.4K Aug 1, 2023 Class C Common Shares 14.4K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the Liberty Latin America Employee Stock Purchase Plan ("ESPP") in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2 The ESPP's "look-back" feature was used to determine the purchase price for these shares. The "look-back" feature compares the closing price of the Issuer's Class C common shares on the first and last trading days of the Jan. 1 - June 30, 2023 contribution period, with the lower of the two being used to determine the purchase price.
F3 Each Restricted Share Unit (RSU) 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.
F4 The RSUs vest in three equal annual installments commencing on August 1, 2022.

Remarks:

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