SEC Form 4 · accession 0001570585-16-000940
Liberty Global Ltd. · LBTYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry E Romrell
Director
Period of report
Jul 1, 2016
Accepted (ET)
Nov 8, 2016 · 5:52 pm EST
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 C | Aug 17, 2016 | G | 3,180 | $0.00 | D | 54,316 | D | |
| LiLAC Class CF1 | holding | — | — | — | 10,240 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LiLAC Share Option C (right to buy)F3 | $13.18 | Jul 1, 2016 | A | 61 | A | — | Jun 17, 2020 | LiLAC Class C | 61 | 0 | D |
| LiLAC Share Option C (right to buy)F3 | $13.26 | Jul 1, 2016 | A | 122 | A | — | Jun 17, 2020 | LiLAC Class C | 122 | 0 | D |
| LiLAC Share Option C (right to buy)F3 | $20.59 | Jul 1, 2016 | A | 86 | A | — | Jun 21, 2021 | LiLAC Class C | 86 | 0 | D |
| LiLAC Share Option C (right to buy)F3 | $19.89 | Jul 1, 2016 | A | 179 | A | — | Jun 21, 2021 | LiLAC Class C | 179 | 0 | D |
| LiLAC Share Option C (right to buy)F3 | $23.87 | Jul 1, 2016 | A | 247 | A | — | Jun 19, 2022 | LiLAC Class C | 247 | 0 | D |
| LiLAC Share Option C (right to buy)F3 | $23.20 | Jul 1, 2016 | A | 511 | A | — | Jun 19, 2022 | LiLAC Class C | 511 | 0 | D |
| LiLAC Share Option C (right to buy)F3 | $36.16 | Jul 1, 2016 | A | 575 | A | — | Jun 28, 2020 | LiLAC Class C | 575 | 0 | D |
| LiLAC Share Option C (right to buy)F3 | $33.58 | Jul 1, 2016 | A | 1,245 | A | — | Jun 28, 2020 | LiLAC Class C | 1,245 | 0 | D |
| LiLAC Share Option C (right to buy)F4 | $41.47 | Jul 1, 2016 | A | 1,419 | A | — | Jun 26, 2021 | LiLAC Class C | 1,419 | 0 | D |
| LiLAC Share Option C (right to buy)F5 | $51.95 | Jul 1, 2016 | A | 1,066 | A | — | Jun 25, 2022 | LiLAC Class C | 1,066 | 0 | D |
| LiLAC Share Option C (right to buy)F6 | $37.18 | Jul 1, 2016 | A | 1,457 | A | — | Jun 16, 2023 | LiLAC Class C | 1,457 | 0 | D |
| Liberty Global Share Option C (right to buy)F7,F3 | $10.51 | holding | — | — | — | — | Jun 17, 2020 | Liberty Global Class C | 490 | 490 | D |
| Liberty Global Share Option C (right to buy)F7,F3 | $10.57 | holding | — | — | — | — | Jun 17, 2020 | Liberty Global Class C | 978 | 978 | D |
| Liberty Global Share Option C (right to buy)F7,F3 | $28.82 | holding | — | — | — | — | Jun 28, 2020 | Liberty Global Class C | 4,614 | 4,614 | D |
| Liberty Global Share Option C (right to buy)F7,F3 | $26.77 | holding | — | — | — | — | Jun 28, 2020 | Liberty Global Class C | 9,985 | 9,985 | D |
| Liberty Global Share Option C (right to buy)F7,F3 | $16.42 | holding | — | — | — | — | Jun 21, 2021 | Liberty Global Class C | 694 | 694 | D |
| Liberty Global Share Option C (right to buy)F7,F3 | $15.85 | holding | — | — | — | — | Jun 21, 2021 | Liberty Global Class C | 1,442 | 1,442 | D |
| Liberty Global Share Option C (right to buy)F7,F4 | $33.06 | holding | — | — | — | — | Jun 26, 2021 | Liberty Global Class C | 11,379 | 11,379 | D |
| Liberty Global Share Option C (right to buy)F7,F3 | $18.49 | holding | — | — | — | — | Jun 19, 2022 | Liberty Global Class C | 4,098 | 4,098 | D |
| Liberty Global Share Option C (right to buy)F7,F3 | $19.03 | holding | — | — | — | — | Jun 19, 2022 | Liberty Global Class C | 1,981 | 1,981 | D |
| Liberty Global Share Option C (right to buy)F7,F5 | $41.41 | holding | — | — | — | — | Jun 25, 2022 | Liberty Global Class C | 8,548 | 8,548 | D |
| Liberty Global Share Option C (right to buy)F7,F6 | $29.64 | holding | — | — | — | — | Jun 16, 2023 | Liberty Global Class C | 11,680 | 11,680 | D |
Explanation of responses
- F1On 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.
- F2As a result of the LiLAC Distribution, pursuant to the anti-dilution provisions of the applicable incentive plan, the Reporting Person received an equity award based on his outstanding Liberty Global Group awards relating to shares of the corresponding Class of LiLAC Group ordinary shares (a "LiLAC Award"). The terms of the LiLAC Awards are, in all material respects, the same as those of the corresponding original Liberty Global Group award.
- F3The option is immediately exercisable.
- F4The 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.
- F5The 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.
- F6The option vests in three equal annual installments commencing on the date of the Issuer's 2017 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.
- F7As a result of the LiLAC Distribution, pursuant to the anti-dilution provisions of the applicable incentive plan, an adjustment to the exercise price or base price, as applicable, was made to all Liberty Global Group equity awards previously reported. All other terms of the Liberty Global Group awards are, in all material respects, the same as those of the corresponding original award.
Remarks
The trading symbols for the Issuer's classes of ordinary shares are LBTYA, LBTYB, LBTYK, LILA, LILAB, and LILAK.