AI assistant
Liberty Global Ltd. — Director's Dealing 2020
Mar 17, 2020
31176_dirs_2020-03-17_1fa153fa-5c07-4bad-808a-07823ab79284.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Liberty Global plc (LBTY)
CIK: 0001570585
Period of Report: 2020-03-13
Reporting Person: Rodriguez Enrique (EVP, Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-13 | Class A Ordinary Shares | A | 38158 | — | Acquired | 54416 | Direct |
| 2020-03-13 | Class A Ordinary Shares | F | 17851 | $17.26 | Disposed | 36565 | Direct |
| 2020-03-13 | Class C Ordinary Shares | A | 76316 | — | Acquired | 108851 | Direct |
| 2020-03-13 | Class C Ordinary Shares | F | 35702 | $16.37 | Disposed | 73149 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-13 | Restricted Share Units A | $ | A | 4769 | Acquired | Class A Ordinary Shares (4769.0) | Direct | |
| 2020-03-13 | Restricted Share Units C | $ | A | 9538 | Acquired | Class C Ordinary Shares (9538.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class C Ordinary Shares | 1480 | Indirect |
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 inordinary 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 2019 annual performance award (the Bonus Shares).
F2: Each Restricted Share Unit (RSU) represents a right to receive one share of Issuer's Class A ordinary shares or Class C ordinary shares, as the case may be.
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 2019 annual performance award program. These RSUs will vest in full on March 1, 2021, provided that the Reporting Person does not sell, transfer or otherwise dispose of the Bonus Shares through such date.