Aamir Hussain - 15 Mar 2024 Form 4 Insider Report for Liberty Latin America Ltd. (LILA)

Role
SVP, CT&PO
Signature
/s/ John M. Winter, Attorney-in-Fact
Issuer symbol
LILA
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 16:17:20 UTC
Previous filing
14 Mar 2024
Next filing
26 Jul 2024
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 +13,339 +32% $0.000000 55,395 15 Mar 2024 Direct F1
transaction LILA Class A Common Shares Options Exercise $0 +15,625 +28% $0.000000 71,020 15 Mar 2024 Direct F2
transaction LILA Class A Common Shares Options Exercise $0 +18,658 +26% $0.000000 89,678 15 Mar 2024 Direct F2
transaction LILA Class C Common Shares Award $0 +26,678 +60% $0.000000 70,793 15 Mar 2024 Direct F1
transaction LILA Class C Common Shares Options Exercise $0 +31,250 +44% $0.000000 102,043 15 Mar 2024 Direct F2
transaction LILA Class C Common Shares Options Exercise $0 +37,314 +37% $0.000000 139,357 15 Mar 2024 Direct F2

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 -15,625 -50% 15,625 15 Mar 2024 Class A Common Shares 15,625 Direct F2, F3
transaction LILA Restricted Share Units A Options Exercise -18,658 -33% 37,312 15 Mar 2024 Class A Common Shares 18,658 Direct F2, F4
transaction LILA Restricted Share Units C Options Exercise -31,250 -50% 31,250 15 Mar 2024 Class C Common Shares 31,250 Direct F2, F3
transaction LILA Restricted Share Units C Options Exercise -37,314 -33% 74,626 15 Mar 2024 Class C Common Shares 37,314 Direct F2, F4
transaction LILA Restricted Share Units A Award +1,667 1,667 15 Mar 2024 Class A Common Shares 1,667 Direct F2, F5
transaction LILA Restricted Share Units C Award +3,335 3,335 15 Mar 2024 Class C Common Shares 3,335 Direct F2, F5
* 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 50% 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 his 2023 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 The RSUs vest in three equal annual installments on March 15 of 2023, 2024 and 2025.
F4 The RSUs vest in three equal annual installments on March 15 of 2024, 2025 and 2026.
F5 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 2023 annual performance award program. These RSUs will vest in full on March 1, 2025, 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.