Liberty Global Ltd. — Director's Dealing 2018

Feb 14, 2018

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Liberty Global plc (LBTY)
CIK: 0001570585
Period of Report: 2017-12-31

Reporting Person: Nair Balan (EVP & CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-29	LiLAC Class A	J	33195	—	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-29	LiLAC Share Appreciation Rights A	$21.43	J	7120	Disposed	2024-05-01	LiLAC Class A (7120.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$37.53	J	3026	Disposed	2023-05-01	LiLAC Class A (3026.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$39.48	J	7552	Disposed	2023-05-01	LiLAC Class A (7552.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$50.55	J	6534	Disposed	2022-05-01	LiLAC Class A (6534.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$45.52	J	2627	Disposed	2022-05-01	LiLAC Class A (2627.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$38.94	J	8389	Disposed	2021-05-01	LiLAC Class A (8389.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$35.06	J	3360	Disposed	2021-05-01	LiLAC Class A (3360.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$33.35	J	21296	Disposed	2020-06-24	LiLAC Class A (21296.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$30.02	J	8531	Disposed	2020-06-24	LiLAC Class A (8531.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$31.91	J	1880	Disposed	2020-05-01	LiLAC Class A (1880.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$35.44	J	4692	Disposed	2020-05-01	LiLAC Class A (4692.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$23.91	J	4978	Disposed	2019-05-01	LiLAC Class A (4978.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$21.53	J	1995	Disposed	2019-05-01	LiLAC Class A (1995.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$22.25	J	5257	Disposed	2018-05-01	LiLAC Class A (5257.0)	Direct
2017-12-29	LiLAC Share Appreciation Rights A	$20.03	J	2106	Disposed	2018-05-01	LiLAC Class A (2106.0)	Direct

Footnotes

F1: Pursuant to the Split-Off (as described in the Remarks section), all of the outstanding ordinary shares of Liberty Global plc's (the "Issuer") Class A LiLAC ordinary shares, Class B LiLAC ordinary shares and Class C LiLAC ordinary shares were redesignated as deferred shares (with virtually no economic rights) and those deferred shares were transferred for no consideration to a third-party designee. The Split-Off was exempt pursuant to Rule 16b-7 under the Securities Exchange Act of 1934, as amended (the "Act").

F2: In connection with the Split-Off, the SARs were converted on a one-for-one basis, pursuant to the anti-dilution provisions of the plan under which the SARs were granted, to SARs of Splitco with the same terms, conditions and share class as the Issuer's SARs. These transactions were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Act.

F3: The SARs provide for vesting of 12.5% of the shares on November 1, 2017, and the remaining shares in 14 equal quarterly installments commencing February 1, 2018.

F4: 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.

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, 2014, and the remaining shares in 14 equal quarterly installments commencing February 1, 2015.

F7: The SARs are immediately exercisable.