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Liberty Global Ltd. — Director's Dealing 2024
Nov 15, 2024
31176_dirs_2024-11-15_9bfa7b1a-7570-4174-bf3c-b0aa130b8aeb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Liberty Global Ltd. (LBTY)
CIK: 0001570585
Period of Report: 2024-11-13
Reporting Person: BRACKEN CHARLES H R (EVP & CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-13 | Restricted Share Units A | $ | J | 1378 | Acquired | Class A Common Shares (1378) | Direct | |
| 2024-11-13 | Restricted Share Units C | $ | J | 1365 | Acquired | Class C Common Shares (1365) | Direct | |
| 2024-11-13 | Share Appreciation Rights A | $24.26 | J | 90720 | Acquired | 2025-05-01 | Class A Common Shares (90720) | Direct |
| 2024-11-13 | Share Appreciation Rights A | $18.95 | J | 104854 | Acquired | 2026-05-01 | Class A Common Shares (104854) | Direct |
| 2024-11-13 | Share Appreciation Rights A | $21.63 | J | 288682 | Acquired | 2027-02-21 | Class A Common Shares (288682) | Direct |
| 2024-11-13 | Share Appreciation Rights A | $20.61 | J | 98656 | Acquired | 2027-05-01 | Class A Common Shares (98656) | Direct |
| 2024-11-13 | Share Appreciation Rights A | $17.26 | J | 135850 | Acquired | 2028-05-01 | Class A Common Shares (135850) | Direct |
| 2024-11-13 | Share Appreciation Rights A | $15 | J | 241238 | Acquired | 2029-03-07 | Class A Common Shares (241238) | Direct |
| 2024-11-13 | Share Appreciation Rights A | $14.38 | J | 164256 | Acquired | 2029-04-01 | Class A Common Shares (164256) | Direct |
| 2024-11-13 | Share Appreciation Rights A | $9.27 | J | 204831 | Acquired | 2030-04-01 | Class A Common Shares (204831) | Direct |
| 2024-11-13 | Share Appreciation Rights A | $14.89 | J | 664366 | Acquired | 2031-04-13 | Class A Common Shares (664366) | Direct |
| 2024-11-13 | Share Appreciation Rights A | $10.70 | J | 249725 | Acquired | 2033-03-24 | Class A Common Shares (249725) | Direct |
| 2024-11-13 | Share Appreciation Rights A | $9.66 | J | 332753 | Acquired | 2034-03-25 | Class A Common Shares (332753) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $23.62 | J | 181198 | Acquired | 2025-05-01 | Class C Common Shares (181198) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $18.45 | J | 207735 | Acquired | 2026-05-01 | Class C Common Shares (207735) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $21.17 | J | 571934 | Acquired | 2027-02-21 | Class C Common Shares (571934) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $20.29 | J | 195457 | Acquired | 2027-05-01 | Class C Common Shares (195457) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $16.87 | J | 269143 | Acquired | 2028-05-01 | Class C Common Shares (269143) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $14.70 | J | 477936 | Acquired | 2029-03-07 | Class C Common Shares (477936) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $14.08 | J | 325422 | Acquired | 2029-04-01 | Class C Common Shares (325422) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $8.82 | J | 405805 | Acquired | 2030-04-01 | Class C Common Shares (405805) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $14.97 | J | 1316227 | Acquired | 2031-04-13 | Class C Common Shares (1316227) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $11.30 | J | 494750 | Acquired | 2033-03-24 | Class C Common Shares (494750) | Direct |
| 2024-11-13 | Share Appreciation Rights C | $10.20 | J | 329622 | Acquired | 2034-03-25 | Class C Common Shares (329622) | Direct |
Footnotes
F1: Each Restricted Share Unit (RSU) represents a right to receive one share of Issuer's Class A common shares or Class C common shares, as the case may be.
F2: The disclosures herein reflect adjustments to equity awards previously granted. No new awards were made. The Issuer effected a spin-off of Sunrise Communications AG (the Spin-Off) on November 8, 2024. In the ordinary course of business and under the terms of the Issuer's equity incentive plans, equity awards held by the Issuer's employees and directors have been adjusted to reflect the distribution made in the Spin-Off. As a result of these adjustments, the number of the Issuer's Class A common shares and Class C common shares, as applicable, underlying the outstanding share options, share appreciation rights (SARs) and certain restricted share units (RSUs) and the exercise prices of the share options and SARs, in each case, reported herein were adjusted to preserve the intrinsic value of such securities pre- and post-Spin-Off.
F3: Based on the Reporting Person's receipt of shares as part of the 2023 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 2023 Annual Performance Award program. These RSUs will vest in full on March 1, 2025, provided that the Reporting Person does not sell, transfer or otherwise dispose of the Bonus Shares through such date.
F4: The SARs are immediately exercisable.
F5: The SARs vest in three equal annual installments commencing on May 1, 2024.
F6: The SARs vest in three equal annual installments commencing on May 1, 2025.