Liberty Global Ltd. — Director's Dealing 2019

Mar 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Liberty Global plc (LBTY)
CIK: 0001570585
Period of Report: 2019-03-15

Reporting Person: FRIES MICHAEL T (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-15	Class B Ordinary Shares	A	390295	—	Acquired	1390295	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-15	Restricted Share Units B	$	A	48786	Acquired		Class B Ordinary Shares (48786.0)	Direct

Footnotes

F1: The Issuer's annual performance award program includes a shareholder incentive program that allows participants, including the Reporting Person, to receive up to 100% of their annual performance awards in ordinary shares of the Issuer in lieu of cash; thereby, aligning our employees' interests and our shareholders. These shares represent the Reporting Person's election to receive such ordinary shares in respect of his 2018 annual performance award (the Bonus Shares). In order to receive the full value of his Bonus Shares, the Reporting Person paid in cash the required tax withholding ($4,358,740) and retained an additional 167,450 shares in the Class B ordinary shares reported.

F2: Each Restricted Share Unit (RSU) represents a right to receive one share of the Issuer's Class B ordinary shares.

F3: Based on the Reporting Person's share election described in footnote 1, the Reporting Person also received RSUs equal to 12.5% of the Bonus Shares pursuant to the shareholder incentive program of the 2018 annual performance award program. These RSUs will vest in full on March 1, 2020, provided that the Reporting Person does not sell, transfer or otherwise dispose of the Bonus Shares through such date.