AI assistant
Liberty Global Ltd. — Director's Dealing 2022
Mar 16, 2022
31176_dirs_2022-03-16_c8787b1e-9553-4b65-8238-724368cb7413.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: 2022-03-14
Reporting Person: FRIES MICHAEL T (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-14 | Class B Ordinary Shares | A | 63161 | — | Acquired | 2914443 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-14 | Restricted Share Units B | $ | A | 7656 | Acquired | Class B Ordinary Shares (7656.0) | Direct |
Footnotes
F1: Class B ordinary shares of the Issuer received by the Reporting Person pursuant to the Issuer's 2021 Annual Performance Award for employees (which was paid in part in shares), subject to applicable tax withholding. The Reporting Person paid in cash the required tax withholding ($679,158.34) and retained an additional 27,879 shares in the Class B ordinary shares reported.
F2: Each Restricted Share Unit (RSU) represents a right to receive one share of Issuer's Class B ordinary shares.
F3: Based on the Reporting Person's receipt of shares as part of the Issuer's 2021 Annual Performance Award described in footnote 1, the Reporting Person also received RSUs equal to 12.5% of such shares received pursuant to the shareholding incentive program of the 2021 Annual Performance Award program. These RSUs will vest in full on March 1, 2023, provided that the Reporting Person does not sell, transfer or otherwise dispose of the Bonus Shares through such date.