SEC Form 4 · accession 0001570585-17-000212
Liberty Global Ltd. · LBTYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Dick
Director
Period of report
Jun 23, 2015
Accepted (ET)
Jun 23, 2017 · 5:39 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 CF2 | Jun 23, 2015 | S | 5,900 | $53.46 | D | 51,998 | D | |
| Liberty Global Class C | Jan 5, 2016 | S | 1,850 | $40.25 | D | 51,272 | D | |
| Liberty Global Class C | Feb 22, 2016 | S | 2,800 | $36.95 | D | 48,472 | D | |
| Liberty Global Class C | Mar 8, 2016 | S | 1,400 | $36.06 | D | 45,672 | D | |
| Liberty Global Class C | Apr 18, 2016 | S | 2,700 | $37.91 | D | 43,395 | D | |
| Liberty Global Class C | Jun 1, 2016 | S | 700 | $36.05 | D | 42,695 | D | |
| LiLAC Class CF3 | Jun 1, 2016 | S | 367 | $42.85 | D | 2,269 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Liberty Global Share Option A (right to buy)F4 | $28.83 | Jun 21, 2017 | A | 7,150 | A | — | Jun 21, 2024 | Liberty Global Class A | 7,150 | 7,150 | D |
| Liberty Global Share Option C (right to buy)F4 | $27.85 | Jun 21, 2017 | A | 14,300 | A | — | Jun 21, 2024 | Liberty Global Class C | 14,300 | 14,300 | D |
| LiLAC Share Option A (right to buy)F4 | $20.71 | Jun 21, 2017 | A | 894 | A | — | Jun 21, 2024 | LiLAC Class A | 894 | 894 | D |
| LiLAC Share Option C (right to buy)F4 | $20.25 | Jun 21, 2017 | A | 1,788 | A | — | Jun 21, 2024 | LiLAC Class C | 1,788 | 1,788 | D |
Explanation of responses
- F1The reporting person inadvertently failed to report these sale transactions in shares of the Issuer at the time of the respective transactions.
- F2On March 3, 2014, the Issuer distributed shares of its Class C ordinary shares as a dividend at a rate of one Class C ordinary share for every share of Issuer's ordinary shares outstanding as of February 14, 2014. As a result, the number of Class C ordinary shares has been adjusted for the dividend.
- 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.
- F4The option vests in three equal annual installments commencing on the date of the Issuer's 2018 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 classes of ordinary shares are LBTYA, LBTYB, LBTYK, LILA, LILAB, and LILAK.