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Liberty Global Ltd. — Director's Dealing 2015
Jul 29, 2015
31176_dirs_2015-07-29_6936987d-0c9a-402a-ac23-e38b0ff07ea5.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: 2015-07-09
Reporting Person: DVORAK BERNARD G (EVP & Co-CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-07-09 | Share Appreciation Rights A | $12.57 | J | 62456 | Acquired | 2017-05-01 | Liberty Global Class A (62456) | Direct |
| 2015-07-09 | Share Appreciation Rights A | $21.26 | J | 42136 | Acquired | 2018-05-01 | Liberty Global Class A (42136) | Direct |
| 2015-07-09 | Share Appreciation Rights A | $22.85 | J | 39899 | Acquired | 2019-05-01 | Liberty Global Class A (39899) | Direct |
| 2015-07-09 | Share Appreciation Rights A | $33.87 | J | 37610 | Acquired | 2020-05-01 | Liberty Global Class A (37610) | Direct |
| 2015-07-09 | Share Appreciation Rights A | $37.22 | J | 67243 | Acquired | 2021-05-01 | Liberty Global Class A (67243) | Direct |
| 2015-07-09 | Share Appreciation Rights A | $48.31 | J | 52376 | Acquired | 2022-05-01 | Liberty Global Class A (52376) | Direct |
| 2015-07-09 | Share Appreciation Rights A | $12.57 | J | 17844 | Acquired | 2017-05-01 | Liberty Global Class A (17844) | Indirect |
| 2015-07-09 | Share Appreciation Rights A | $21.26 | J | 12046 | Acquired | 2018-05-01 | Liberty Global Class A (12046) | Indirect |
| 2015-07-09 | Share Appreciation Rights A | $22.85 | J | 11407 | Acquired | 2019-05-01 | Liberty Global Class A (11407) | Indirect |
| 2015-07-09 | Share Appreciation Rights A | $33.87 | J | 10738 | Acquired | 2020-05-01 | Liberty Global Class A (10738) | Indirect |
| 2015-07-09 | Share Appreciation Rights A | $37.22 | J | 20172 | Acquired | 2021-05-01 | Liberty Global Class A (20172) | Indirect |
| 2015-07-09 | Share Appreciation Rights A | $48.31 | J | 15709 | Acquired | 2022-05-01 | Liberty Global Class A (15709) | Indirect |
Footnotes
F1: On March 3, 2014, the Issuer distributed its Class C ordinary shares as a dividend to each holder of its ordinary shares at a rate of one Class C ordinary share for each ordinary share outstanding as of February 14, 2014 (the Class C Dividend). As a result of the Class C Dividend, pursuant to the anti-dilution provisions of the applicable incentive plan of the Issuer, all outstanding Class A share appreciation rights (SARs) previously reported by the Reporting Person were adjusted by allocating the exercise price of the original Class A SAR between a SAR based on Class A ordinary shares and a SAR based on Class C ordinary shares and all outstanding Class C SARs previously reported by the Reporting Person were adjusted by doubling the number of shares and reducing by half the base price. All other terms of the additional or adjusted Class C SARs are, in all material respects, the same as those of the corresponding original SARs.
F2: On July 1, 2015, the Issuer distributed, by means of a dividend, to each holder of ordinary shares one share of the corresponding Class of Issuer Latin America and Caribbean ordinary share ("LiLAC shares") for every twenty shares of that Class of Issuer ordinary shares held by such holder as of the distribution record date. As a result, pursuant to the anti-dilution provisions of the applicable incentive plan, all equity awards previously reported were adjusted by an adjustment to the exercise price or base price, as applicable, and number of shares relating to the original award and the Reporting Person received an equity award relating to shares of the corresponding class of LiLAC shares (a "LiLAC Award"). All other terms of the awards and the terms of the LiLAC Awards are, in all material respects, the same as those of the corresponding original award.
F3: The SARs are immediately exercisable.
F4: The SARs provide for vesting of 12.5% of the shares on November 1, 2012, and the remaining shares in 14 equal quarterly installments commencing February 1, 2013.
F5: The SARs provide for vesting of 12.5% of the shares on November 1, 2013, and the remaining shares in 14 equal quarterly installments commencing February 1, 2014.
F6: The SARs provide for vesting of 12.5% of the shares on November 1, 2014, and the remaining shares in 14 equal quarterly installments commencing February 1, 2015.
F7: The SARs provide for vesting of 12.5% of the shares on November 1, 2015, and the remaining shares in 14 equal quarterly installments commencing February 1, 2016.
F8: The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.