SEC Form 4 · accession 0001570585-16-000837
Liberty Global Ltd. · LBTYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J David Wargo
Director
Period of report
Sep 30, 2016
Accepted (ET)
Oct 4, 2016 · 5:47 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 |
|---|---|---|---|---|---|---|---|---|
| Liberty Global Class AF1 | Sep 30, 2016 | A | 34 | $34.18 | A | 26,102 | D | |
| Liberty Global Class CF1 | Sep 30, 2016 | A | 75 | $33.04 | A | 78,352 | D | |
| LiLAC Class AF1,F3 | Sep 30, 2016 | A | 1 | $27.59 | A | 4,328 | D | |
| LiLAC Class CF1,F3 | Sep 30, 2016 | A | 2 | $28.05 | A | 12,991 | D | |
| Liberty Global Class CF2 | holding | — | — | — | 32 | I | By Spouse | |
| LiLAC Class CF2,F4 | holding | — | — | — | 4 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Liberty Global Class A Share Fund UnitsF6,F5 | — | Sep 30, 2016 | A | 200 | A | — | — | Liberty Global Class A | 200 | 4,530 | D |
| Liberty Global Class C Share Fund UnitsF6,F5 | — | Sep 30, 2016 | A | 410 | A | — | — | Liberty Global Class C | 410 | 10,822 | D |
| LiLAC Class A Share Fund UnitsF6,F7,F5 | — | Sep 30, 2016 | A | 10 | A | — | — | LiLAC Class A | 10 | 925 | D |
| LiLAC Class C Share Fund UnitsF6,F7,F5 | — | Sep 30, 2016 | A | 21 | A | — | — | LiLAC Class C | 21 | 2,392 | D |
Explanation of responses
- F1Acquired in accordance with the terms of the Liberty Global 2014 Nonemployee Director Incentive Plan for the equity portion of the fees paid to the Reporting Person for his services as a director. The number of shares was determined using the closing market price of the applicable class of ordinary shares on September 30, 2016.
- F2The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F3On July 1, 2016, the Issuer distributed by means of a bonus issue to each holder of Liberty Global Group ordinary shares one share of the corresponding Class of the Issuer's LiLAC Group ordinary shares for every 8.01482 shares of that Class of the Issuer's Liberty Global Group ordinary shares held by such holder as of the distribution record date (the "LiLAC Distribution"). As a result of the LiLAC Distribution, the Reporting Person received additional LiLAC Class A ordinary shares and LiLAC Class C ordinary shares based on the number of corresponding Class of Liberty Global Group ordinary shares held by the Reporting Person on the LiLAC Distribution record date.
- F4As a result of the LiLAC Distribution, the Reporting Person's spouse received additional LiLAC Class C ordinary shares based on the number of Liberty Global Group Class C ordinary shares held by the Reporting Person's spouse on the LiLAC Distribution record date.
- F5The share fund units represent the economic equivalent of one share of the corresponding class of the Issuer's ordinary shares. The share fund units confer no voting or other rights of stock ownership. The share fund units will be payable, in shares of the corresponding class of the Issuer's ordinary shares, in accordance with the Deferred Compensation Plan.
- F6The share fund units represent the deferral of shares for a portion of the fees paid to the Reporting Person for his services as a director. The number of share fund units acquired is based on the closing prices of the applicable class of the Issuer's ordinary shares on September 30, 2016, with the value of any fractional shares deferred in cash.
- F7As a result of the LiLAC Distribution, the Reporting Person received additional LiLAC Class A share fund units and LiLAC Class C share fund units based on the number of corresponding Class of Liberty Global Group share fund units held by the Reporting Person on the LiLAC Distribution record date.
Remarks
The trading symbols for the Issuer's classes of ordinary shares are LBTYA, LBTYB, LBTYK, LILA, LILAB, and LILAK.