Rocio Lorenzo - 01 Aug 2023 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
01 Aug 2023
Net transactions value
+$10,147
Form type
4
Filing time
03 Aug 2023, 16:18:10 UTC
Previous filing
22 Mar 2023
Next filing
02 Feb 2024
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 $10,147 +1,286 +1.4% $7.89 95,956 30 Jun 2023 Direct F1, F2
transaction LILA Class A Common Shares Options Exercise +7,194 +15% 54,292 01 Aug 2023 Direct F3
transaction LILA Class C Common Shares Options Exercise +14,388 +15% 110,344 01 Aug 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 -7,194 -50% 7,194 01 Aug 2023 Class A Common Shares 7,194 Direct F3, F4
transaction LILA Restricted Share Units C Options Exercise -14,388 -50% 14,388 01 Aug 2023 Class C Common Shares 14,388 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.