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Liberty Global Ltd. — Director's Dealing 2021
Apr 15, 2021
31176_dirs_2021-04-15_c960cf41-1852-412c-b00a-c4602971a395.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: BRACKEN CHARLES H R (EVP & CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-13 | Restricted Share Units A | $ | A | 42033 | Acquired | Class A Ordinary Shares (42033.0) | Direct | |
| 2021-04-13 | Restricted Share Units C | $ | A | 84066 | Acquired | Class C Ordinary Shares (84066.0) | Direct | |
| 2021-04-13 | Share Appreciation Rights A | $25.79 | A | 383561 | Acquired | 2031-04-13 | Class A Ordinary Shares (383561.0) | Direct |
| 2021-04-13 | Share Appreciation Rights C | $25.68 | A | 767122 | Acquired | 2031-04-13 | Class C Ordinary Shares (767122.0) | Direct |
| 2021-04-13 | Share Appreciation Rights A | $32.37 | D | 67243 | Disposed | 2021-05-01 | Class A Ordinary Shares (67243.0) | Direct |
| 2021-04-13 | Share Appreciation Rights A | $32.37 | A | 67243 | Acquired | 2024-05-01 | Class A Ordinary Shares (67243.0) | Direct |
| 2021-04-13 | Share Appreciation Rights C | $30.81 | D | 133804 | Disposed | 2021-05-01 | Class C Ordinary Shares (133804.0) | Direct |
| 2021-04-13 | Share Appreciation Rights C | $30.81 | A | 133804 | Acquired | 2024-05-01 | Class C Ordinary Shares (133804.0) | Direct |
| 2021-04-13 | Share Appreciation Rights A | $42.01 | D | 52376 | Disposed | 2022-05-01 | Class A Ordinary Shares (52376.0) | Direct |
| 2021-04-13 | Share Appreciation Rights A | $42.01 | A | 52376 | Acquired | 2025-05-01 | Class A Ordinary Shares (52376.0) | Direct |
| 2021-04-13 | Share Appreciation Rights C | $40.52 | D | 105606 | Disposed | 2022-05-01 | Class C Ordinary Shares (105606.0) | Direct |
| 2021-04-13 | Share Appreciation Rights C | $40.52 | A | 105606 | Acquired | 2025-05-01 | Class C Ordinary Shares (105606.0) | Direct |
Footnotes
F1: 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.
F2: The RSUs vest in three equal annual installments commencing on May 1, 2022.
F3: The Share Appreciation Rights vest 50% on May 1, 2023 and 50% on May 1, 2024.
F4: The reported transactions involve an extension of the seven-year exercise period on existing share appreciation rights for an additional three-year period. For Form 4 reporting purposes, this is shown as if the outstanding share appreciation rights were to be cancelled and replaced by a new option. However, from the Issuer's perspective, no new share appreciation right is issued, the Issuer has only extended the expiration term on the original grant, with the same pricing and other terms continuing to apply.
F5: Vesting and exercise of the existing share appreciation right has not changed as a result of the extension and therefore the share appreciation right continues to be immediately exercisable.