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Liberty Global Ltd. — Director's Dealing 2014
May 23, 2014
31176_dirs_2014-05-23_bcde0c60-8bbe-48d0-8ee4-2e61def87fb6.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: 2014-05-21
Reporting Person: Nair Balan (EVP & CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-05-21 | Class A Ordinary Shares | M | 5830 | $22.15 | Acquired | 87567 | Direct |
| 2014-05-21 | Class A Ordinary Shares | S | 5830 | $45.00 | Disposed | 81737 | Direct |
| 2014-05-21 | Class C Ordinary Shares | M | 17500 | $21.19 | Acquired | 288621 | Direct |
| 2014-05-21 | Class C Ordinary Shares | S | 17500 | $43.00 | Disposed | 271121 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-05-21 | Stock Option A (right to buy) | $22.15 | M | 5830 | Disposed | 2014-07-16 | Class A Ordinary Shares (5830) | Direct |
| 2014-05-21 | Stock Option C (right to buy) | $21.19 | M | 17500 | Disposed | 2014-07-16 | Class C Ordinary Shares (17500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class C Ordinary Shares | 5821 | Indirect |
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 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.
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 C option previously reported as an option for 37,500 shares at an exercise price of $42.37 per share was adjusted to reflect the dividend.
F3: The option is immediately exercisable.