SEC Form 4 · accession 0001570585-16-000942
Liberty Global Ltd. · LBTYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J C Sparkman
Director
Period of report
Oct 25, 2016
Accepted (ET)
Nov 8, 2016 · 5:53 pm EST
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 Share Option C (right to buy)F2 | $33.58 | Oct 25, 2016 | A | 1,245 | A | — | Jun 28, 2020 | LiLAC Class C | 1,245 | 1,245 | D |
| LiLAC Share Option C (right to buy)F2 | $36.16 | Oct 25, 2016 | A | 575 | A | — | Jun 28, 2020 | LiLAC Class C | 575 | 575 | D |
| LiLAC Share Option C (right to buy)F3 | $41.47 | Oct 25, 2016 | A | 708 | A | — | Jun 26, 2021 | LiLAC Class C | 708 | 708 | D |
| LiLAC Share Option C (right to buy)F4 | $51.95 | Oct 25, 2016 | A | 533 | A | — | Jun 25, 2022 | LiLAC Class C | 533 | 533 | D |
| LiLAC Share Option C (right to buy)F5 | $37.18 | Oct 25, 2016 | A | 728 | A | — | Jun 16, 2023 | LiLAC Class C | 728 | 728 | D |
| LiLAC Restricted Share Units CF6,F7,F5 | — | Oct 25, 2016 | A | 214 | A | — | — | LiLAC Class C | 214 | 214 | D |
| Liberty Global Share Option C (right to buy)F8,F2 | $26.77 | holding | — | — | — | — | Jun 28, 2020 | Liberty Global Class C | 9,985 | 9,985 | D |
| Liberty Global Share Option C (right to buy)F8,F2 | $28.82 | holding | — | — | — | — | Jun 28, 2020 | Liberty Global Class C | 4,614 | 4,614 | D |
| Liberty Global Share Option C (right to buy)F8,F3 | $33.06 | holding | — | — | — | — | Jun 26, 2021 | Liberty Global Class C | 5,690 | 5,690 | D |
| Liberty Global Share Option C (right to buy)F8,F4 | $41.41 | holding | — | — | — | — | Jun 25, 2022 | Liberty Global Class C | 4,274 | 4,274 | D |
| Liberty Global Share Option C (right to buy)F8,F5 | $29.64 | holding | — | — | — | — | Jun 16, 2023 | Liberty Global Class C | 5,840 | 5,840 | D |
Explanation of responses
- F1As 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.
- F2The option is immediately exercisable.
- F3The 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.
- F4The 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.
- F5The 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.
- F6Each Restricted Share Unit represents a right to receive one share of Issuer's LiLAC Class C ordinary shares.
- F7The Restricted Share Units will vest in full on the date of the Issuer's 2017 annual general meeting of shareholders.
- F8As 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.