SEC Form 4 · accession 0001127602-15-023693

Liberty Global Ltd. · LBTYA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

J C Sparkman

Director

Period of report

Jul 9, 2015

Accepted (ET)

Jul 29, 2015 · 5:52 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001570585

Table I — non-derivative securities

No Table I lines on this filing.

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
LiLAC Restricted Share Units A^F1,F2	—	Jul 9, 2015	A	28	A	—	—	LiLAC Class A	28	28	D
LiLAC Restricted Share Units C^F1,F2	—	Jul 9, 2015	A	57	A	—	—	LiLAC Class C	57	57	D
LiLAC Share Option A (right to buy)^F5	$17.10	Jul 9, 2015	A	525	A	—	Jun 19, 2017	LiLAC Class A	525	525	D
LiLAC Share Option A (right to buy)^F5	$14.21	Jul 9, 2015	A	524	A	—	Jun 12, 2018	LiLAC Class A	524	524	D
LiLAC Share Option A (right to buy)^F5	$6.42	Jul 9, 2015	A	262	A	—	Jun 17, 2019	LiLAC Class A	262	262	D
LiLAC Share Option A (right to buy)^F5	$11.52	Jul 9, 2015	A	73	A	—	Jun 17, 2020	LiLAC Class A	73	73	D
LiLAC Share Option A (right to buy)^F5	$18.03	Jul 9, 2015	A	52	A	—	Jun 21, 2021	LiLAC Class A	52	52	D
LiLAC Share Option A (right to buy)^F5	$20.89	Jul 9, 2015	A	99	A	—	Jun 19, 2022	LiLAC Class A	99	99	D
LiLAC Share Option A (right to buy)^F6	$31.65	Jul 9, 2015	A	231	A	—	Jun 28, 2020	LiLAC Class A	231	231	D
LiLAC Share Option A (right to buy)^F7	$37.31	Jul 9, 2015	A	142	A	—	Jun 26, 2021	LiLAC Class A	142	142	D
LiLAC Share Option A (right to buy)^F8	$48.17	Jul 9, 2015	A	107	A	—	Jun 25, 2022	LiLAC Class A	107	107	D
LiLAC Share Option C (right to buy)^F5	$17.88	Jul 9, 2015	A	522	A	—	Jun 19, 2017	LiLAC Class C	522	522	D
LiLAC Share Option C (right to buy)^F5	$16.98	Jul 9, 2015	A	1,045	A	—	Jun 19, 2017	LiLAC Class C	1,045	1,045	D
LiLAC Share Option C (right to buy)^F5	$14.86	Jul 9, 2015	A	522	A	—	Jun 12, 2018	LiLAC Class C	522	522	D
LiLAC Share Option C (right to buy)^F5	$14.21	Jul 9, 2015	A	1,045	A	—	Jun 12, 2018	LiLAC Class C	1,045	1,045	D
LiLAC Share Option C (right to buy)^F5	$6.72	Jul 9, 2015	A	261	A	—	Jun 17, 2019	LiLAC Class C	261	261	D
LiLAC Share Option C (right to buy)^F5	$6.71	Jul 9, 2015	A	522	A	—	Jun 17, 2019	LiLAC Class C	522	522	D
LiLAC Share Option C (right to buy)^F5	$12.06	Jul 9, 2015	A	73	A	—	Jun 17, 2020	LiLAC Class C	73	73	D
LiLAC Share Option C (right to buy)^F5	$12.13	Jul 9, 2015	A	146	A	—	Jun 17, 2020	LiLAC Class C	146	146	D
LiLAC Share Option C (right to buy)^F5	$18.84	Jul 9, 2015	A	52	A	—	Jun 21, 2021	LiLAC Class C	52	52	D
LiLAC Share Option C (right to buy)^F5	$18.19	Jul 9, 2015	A	108	A	—	Jun 21, 2021	LiLAC Class C	108	108	D
LiLAC Share Option C (right to buy)^F5	$21.84	Jul 9, 2015	A	99	A	—	Jun 19, 2022	LiLAC Class C	99	99	D
LiLAC Share Option C (right to buy)^F5	$21.22	Jul 9, 2015	A	204	A	—	Jun 19, 2022	LiLAC Class C	204	204	D
LiLAC Share Option C (right to buy)^F6	$33.08	Jul 9, 2015	A	230	A	—	Jun 28, 2020	LiLAC Class C	230	230	D
LiLAC Share Option C (right to buy)^F6	$30.72	Jul 9, 2015	A	499	A	—	Jun 28, 2020	LiLAC Class C	499	499	D
LiLAC Share Option C (right to buy)^F7	$37.95	Jul 9, 2015	A	284	A	—	Jun 26, 2021	LiLAC Class C	284	284	D
LiLAC Share Option C (right to buy)^F8	$47.89	Jul 9, 2015	A	213	A	—	Jun 25, 2022	LiLAC Class C	213	213	D

Explanation of responses

F1Each Restricted Share Unit represents a right to receive one share of Issuer's LiLAC Class A ordinary shares or LiLAC Class C ordinary shares, as the case may be.
F2The Restricted Share Units will vest in full on the date of the Issuer's 2016 annual general meeting of shareholders.
F3On March 3, 2014, the Issuer distributed its Class C ordinary shares as a dividend to each holder of its ordinary shares at a rate of one Class C ordinary share for each ordinary share outstanding as of February 14, 2014 (the Class C Dividend). As a result of the Class C Dividend, pursuant to the anti-dilution provisions of the applicable incentive plan of the Issuer, all outstanding Class A options previously reported by the Reporting Person were adjusted 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 and all outstanding Class C options previously reported by the Reporting Person were adjusted by doubling the number of shares and reducing by half the exercise price. All other terms of the additional or adjusted Class C options are, in all material respects, the same as those of the corresponding original options.
F4On July 1, 2015, the Issuer distributed, by means of a dividend, to each holder of ordinary shares one share of the corresponding Class of Issuer Latin America and Caribbean ordinary share ("LiLAC shares") for every twenty shares of that Class of Issuer ordinary shares held by such holder as of the distribution record date. As a result, pursuant to the anti-dilution provisions of the applicable incentive plan, all equity awards previously reported were adjusted by an adjustment to the exercise price or base price, as applicable, and number of shares relating to the original award and the Reporting Person received an equity award relating to shares of the corresponding class of LiLAC shares (a "LiLAC Award"). All other terms of the awards and the terms of the LiLAC Awards are, in all material respects, the same as those of the corresponding original award.
F5The option is immediately exercisable.
F6The option vests in three equal annual installments commencing on the date of the Issuer's 2014 annual meeting of shareholders and on the date of each annual meeting of stockholders thereafter.
F7The option vests in three equal annual installments commencing on the date of the Issuer's 2015 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.
F8The option vests in three equal annual installments commencing on the date of the Issuer's 2016 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.

Remarks

The trading symbols for the Issuer's Liberty Global Class A, Class B, and Class C ordinary shares are LBTYA, LBTYB, and LBTYK, respectively. The trading symbols for the Issuer's LiLAC Class A, Class B, and Class C ordinary shares are LILA, LILAB, and LILAK, respectively.