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Liberty Global Ltd. — Director's Dealing 2021
Apr 15, 2021
31176_dirs_2021-04-15_ddc21053-7bb1-4251-b55c-b4f9524551fd.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: 2021-04-13
Reporting Person: MALONE JOHN C (Director, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-13 | Share Option C (right to buy) | $25.68 | A | 233453 | Acquired | 2031-04-13 | Class C Ordinary Shares (233453.0) | Direct |
| 2021-04-13 | Share Option A (right to buy) | $32.37 | D | 20802 | Disposed | 2021-05-01 | Class A Ordinary Shares (20802.0) | Direct |
| 2021-04-13 | Share Option A (right to buy) | $32.37 | A | 20802 | Acquired | 2024-05-01 | Class A Ordinary Shares (20802.0) | Direct |
| 2021-04-13 | Share Option C (right to buy) | $30.81 | D | 41393 | Disposed | 2021-05-01 | Class C Ordinary Shares (41393.0) | Direct |
| 2021-04-13 | Share Option C (right to buy) | $30.81 | A | 41393 | Acquired | 2024-05-01 | Class C Ordinary Shares (41393.0) | Direct |
| 2021-04-13 | Share Option A (right to buy) | $42.01 | D | 26067 | Disposed | 2022-05-01 | Class A Ordinary Shares (26067.0) | Direct |
| 2021-04-13 | Share Option A (right to buy) | $42.01 | A | 26067 | Acquired | 2025-05-01 | Class A Ordinary Shares (26067.0) | Direct |
| 2021-04-13 | Share Option C (right to buy) | $40.52 | D | 52560 | Disposed | 2022-05-01 | Class C Ordinary Shares (52560.0) | Direct |
| 2021-04-13 | Share Option C (right to buy) | $40.52 | A | 52560 | Acquired | 2025-05-01 | Class C Ordinary Shares (52560.0) | Direct |
Footnotes
F1: The option vests in three equal annual installments commencing on April 13, 2022.
F2: The reported transactions involve an extension of the seven-year exercise period on existing share options for an additional three-year period. For Form 4 reporting purposes, this is shown as if the outstanding option were to be cancelled and replaced by a new option. However, from the Issuer's perspective, no new option is issued, the Issuer has only extended the expiration term on the original grant, with the same pricing and other terms continuing to apply.
F3: Vesting and exercise of the existing option has not changed as a result of the extension and therefore the option continues to be immediately exercisable.