SEC Form 4 · accession 0001127602-15-019880
Liberty Global Ltd. · LBTYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Cole
Director
Period of report
Jun 2, 2015
Accepted (ET)
Jun 4, 2015 · 5:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001570585
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Ordinary SharesF1 | Jun 2, 2015 | M | 16,492 | $17.08 | A | 18,976 | D | |
| Class C Ordinary SharesF2 | Jun 2, 2015 | M | 16,492 | $16.91 | A | 22,034 | D | |
| Class C Ordinary SharesF3 | Jun 2, 2015 | M | 24,616 | $15.00 | A | 46,650 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option A (right to buy)F1,F4 | $17.08 | Jun 2, 2015 | M | 16,492 | D | — | Jun 11, 2022 | Class A Ordinary Shares | 16,492 | 0 | D |
| Stock Option C (right to buy)F2,F4 | $16.91 | Jun 2, 2015 | M | 16,492 | D | — | Jun 11, 2022 | Class C Ordinary Shares | 16,492 | 0 | D |
| Stock Option C (right to buy)F3,F4 | $15.00 | Jun 2, 2015 | M | 24,616 | D | — | Jun 11, 2022 | Class C Ordinary Shares | 24,616 | 0 | D |
Explanation of responses
- F1On March 3, 2014, the Issuer distributed Class C ordinary shares as a dividend at the rate of one Class C ordinary share for each ordinary share outstanding as of February 14, 2014. As a result, pursuant to the anti-dilution provisions of the applicable incentive plan of the Issuer, a Class A option previously reported as an option for 16,492 shares at an exercise price of $33.99 per share was adjusted to reflect the dividend.
- F2On March 3, 2014, the Issuer distributed Class C ordinary shares as a dividend at the rate of one Class C ordinary share for each ordinary share outstanding as of February 14, 2014. As a result, pursuant to the anti-dilution provisions of the applicable incentive plan of the Issuer, a Class A option was adjusted for the dividend by allocating the exercise price of the original Class A option between an option based on Class A ordinary shares and an option based on Class C ordinary shares.
- F3On March 3, 2014, the Issuer distributed Class C ordinary shares as a dividend at the rate of one Class C ordinary share for each ordinary share outstanding as of February 14, 2014. As a result, pursuant to the anti-dilution provisions of the applicable incentive plan of the Issuer, a Class C option previously reported as an option for 12,308 shares at an exercise price of $29.99 per share was adjusted to reflect the dividend.
- F4The option is immediately exercisable.
Remarks
The trading symbols for the Issuer's Class A, Class B, and Class C ordinary shares are LBTYA, LBTYB, and LBTYK, respectively.