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Liberty Global Ltd. — Director's Dealing 2016
Nov 8, 2016
31176_dirs_2016-11-08_909d140c-f278-4c0d-b11b-128f85a9d1f7.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: 2016-07-01
Reporting Person: Nair Balan (EVP & CTO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-01 | LiLAC Share Appreciation Rights A | $13.16 | A | 3339 | Acquired | 2017-05-01 | LiLAC Class A (3339.0) | Direct |
| 2016-07-01 | LiLAC Share Appreciation Rights A | $22.25 | A | 5257 | Acquired | 2018-05-01 | LiLAC Class A (5257.0) | Direct |
| 2016-07-01 | LiLAC Share Appreciation Rights A | $23.91 | A | 4978 | Acquired | 2019-05-01 | LiLAC Class A (4978.0) | Direct |
| 2016-07-01 | LiLAC Share Appreciation Rights A | $35.44 | A | 4692 | Acquired | 2020-05-01 | LiLAC Class A (4692.0) | Direct |
| 2016-07-01 | LiLAC Share Appreciation Rights A | $33.35 | A | 21296 | Acquired | 2020-06-24 | LiLAC Class A (21296.0) | Direct |
| 2016-07-01 | LiLAC Share Appreciation Rights A | $38.94 | A | 8389 | Acquired | 2021-05-01 | LiLAC Class A (8389.0) | Direct |
| 2016-07-01 | LiLAC Share Appreciation Rights A | $50.55 | A | 6534 | Acquired | 2022-05-01 | LiLAC Class A (6534.0) | Direct |
| 2016-07-01 | LiLAC Share Appreciation Rights A | $39.48 | A | 7552 | Acquired | 2023-05-01 | LiLAC Class A (7552.0) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Liberty Global Share Appreciation Rights A | $10.93 | 2017-05-01 | Liberty Global Class A (26767.0) | 26767 | Direct |
| Liberty Global Share Appreciation Rights A | $18.49 | 2018-05-01 | Liberty Global Class A (42136.0) | 42136 | Direct |
| Liberty Global Share Appreciation Rights A | $19.87 | 2019-05-01 | Liberty Global Class A (39899.0) | 39899 | Direct |
| Liberty Global Share Appreciation Rights A | $29.45 | 2020-05-01 | Liberty Global Class A (37610.0) | 37610 | Direct |
| Liberty Global Share Appreciation Rights A | $27.71 | 2020-06-24 | Liberty Global Class A (170684.0) | 170684 | Direct |
| Liberty Global Share Appreciation Rights A | $32.37 | 2021-05-01 | Liberty Global Class A (67243.0) | 67243 | Direct |
| Liberty Global Share Appreciation Rights A | $42.01 | 2022-05-01 | Liberty Global Class A (52376.0) | 52376 | Direct |
| Liberty Global Share Appreciation Rights A | $32.81 | 2023-05-01 | Liberty Global Class A (60536.0) | 60536 | Direct |
Footnotes
F1: On July 1, 2016, the Issuer distributed, by means of a bonus issue, to each holder of Liberty Global Group ordinary shares, one share of the corresponding Class of the Issuer's LiLAC Group ordinary shares for every 8.01482 shares of that Class of the Issuer's Liberty Global Group ordinary shares held by such holder as of the distribution record date (the "LiLAC Distribution"). As a result, pursuant to the anti-dilution provisions of the applicable incentive plan, the Reporting Person received an equity award based on his outstanding Liberty Global Group awards relating to shares of the corresponding Class of LiLAC Group ordinary shares (a "LiLAC Award"). The terms of the LiLAC Awards are, in all material respects, the same as those of the corresponding original Liberty Global Group award.
F2: The SARs are immediately exercisable.
F3: 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.
F4: 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.
F5: 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.
F6: The SARs provide for vesting of 12.5% of the shares on November 1, 2016, and the remaining shares in 14 equal quarterly installments commencing February 1, 2017.
F7: As a result of the LiLAC Distribution, pursuant to the anti-dilution provisions of the applicable incentive plan, an adjustment to the exercise price or base price, as applicable, was made to all Liberty Global Group equity awards previously reported. All other terms of the Liberty Global Group awards are, in all material respects, the same as those of the corresponding original award.