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Liberty Global Ltd. — Director's Dealing 2014
May 16, 2014
31176_dirs_2014-05-16_b9e20043-eae2-4810-a535-aecdca6a9463.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Liberty Global plc (LBTY)
CIK: 0001570585
Period of Report: 2014-05-15
Reporting Person: DICK JOHN W (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-05-15 | Class C Ordinary Shares | M | 20000 | $10.99 | Acquired | 61188 | Direct |
| 2014-05-15 | Class C Ordinary Shares | M | 10000 | $11.55 | Acquired | 71188 | Direct |
| 2014-05-15 | Class C Ordinary Shares | M | 20000 | $10.79 | Acquired | 91188 | Direct |
| 2014-05-15 | Class C Ordinary Shares | S | 50000 | $41.6215 | Disposed | 41188 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-05-15 | Stock Option C (right to buy) | $10.99 | M | 20000 | Disposed | 2015-06-15 | Class C Ordinary Shares (20000) | Direct |
| 2014-05-15 | Stock Option C (right to buy) | $11.55 | M | 10000 | Disposed | 2015-06-15 | Class C Ordinary Shares (10000) | Direct |
| 2014-05-15 | Stock Option C (right to buy) | $10.79 | M | 20000 | Disposed | 2016-06-22 | Class C Ordinary Shares (20000) | Direct |
Footnotes
F1: On March 3, 2014, the Issuer distributed Class C ordinary shares as a dividend at the rate of one Class C ordinary share for each ordinary share outstanding as of February 14, 2014. As a result, pursuant to the anti-dilution provisions of the applicable incentive plan of the Issuer, a Class C option previously reported as an option for 20,000 shares at an exercise price of $21.98 per share was adjusted to reflect the dividend.
F2: On March 3, 2014, the Issuer distributed Class C ordinary shares as a dividend at the rate of one Class C ordinary share for each ordinary share outstanding as of February 14, 2014. As a result, pursuant to the anti-dilution provisions of the applicable incentive plan of the Issuer, a Class A option was adjusted for the dividend by allocating the exercise price of the original Class A option between an option based on Class A ordinary shares and an option based on Class C ordinary shares.
F3: On March 3, 2014, the Issuer distributed Class C ordinary shares as a dividend at the rate of one Class C ordinary share for each ordinary share outstanding as of February 14, 2014. As a result, pursuant to the anti-dilution provisions of the applicable incentive plan of the Issuer, a Class C option previously reported as an option for 20,000 shares at an exercise price of $21.58 per share was adjusted to reflect the dividend.
F4: The price reflects a weighted average of sales made at prices ranging from $41.62 to $41.64. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares sold at each separate price.
F5: The option is immediately exercisable.