SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CURTIS MIRANDA

(Last) (First) (Middle)
1550 WEWATTA STREET, STE 1000

(Street)
DENVER CO 80202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Liberty Global Ltd. [ LBTY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/13/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Share Option A (right to buy) $25.67 11/13/2024 J(1) 7,453 (2) 06/25/2025 Class A Common Shares 7,453 $0 7,453 D
Share Option A (right to buy) $17.6 11/13/2024 J(1) 10,115 (2) 06/16/2026 Class A Common Shares 10,115 $0 10,115 D
Share Option A (right to buy) $16.65 11/13/2024 J(1) 12,384 (2) 06/21/2027 Class A Common Shares 12,384 $0 12,384 D
Share Option A (right to buy) $17.41 11/13/2024 J(1) 13,754 (2) 06/12/2028 Class A Common Shares 13,754 $0 13,754 D
Share Option A (right to buy) $15.28 11/13/2024 J(1) 11,797 (2) 06/11/2029 Class A Common Shares 11,797 $0 11,797 D
Share Option A (right to buy) $12.63 11/13/2024 J(1) 15,193 (2) 06/30/2030 Class A Common Shares 15,193 $0 15,193 D
Share Option A (right to buy) $16.07 11/13/2024 J(1) 11,948 (2) 06/16/2031 Class A Common Shares 11,948 $0 11,948 D
Share Option A (right to buy) $12.73 11/13/2024 J(1) 12,005 (3) 06/15/2032 Class A Common Shares 12,005 $0 12,005 D
Share Option A (right to buy) $9.95 11/13/2024 J(1) 17,225 (4) 06/14/2033 Class A Common Shares 17,225 $0 17,225 D
Share Option A (right to buy) $9.83 11/13/2024 J(1) 30,590 (5) 05/21/2034 Class A Common Shares 30,590 $0 30,590 D
Share Option C (right to buy) $24.14 11/13/2024 J(1) 14,666 (2) 06/25/2025 Class C Common Shares 14,666 $0 14,666 D
Share Option C (right to buy) $17.28 11/13/2024 J(1) 20,040 (2) 06/16/2026 Class C Common Shares 20,040 $0 20,040 D
Share Option C (right to buy) $16.24 11/13/2024 J(1) 24,535 (2) 06/21/2027 Class C Common Shares 24,535 $0 24,535 D
Share Option C (right to buy) $16.95 11/13/2024 J(1) 27,250 (2) 06/12/2028 Class C Common Shares 27,250 $0 27,250 D
Share Option C (right to buy) $15 11/13/2024 J(1) 23,370 (2) 06/11/2029 Class C Common Shares 23,370 $0 23,370 D
Share Option C (right to buy) $12.54 11/13/2024 J(1) 30,100 (2) 06/30/2030 Class C Common Shares 30,100 $0 30,100 D
Share Option C (right to buy) $16.22 11/13/2024 J(1) 23,669 (2) 06/16/2031 Class C Common Shares 23,669 $0 23,669 D
Share Option C (right to buy) $13.53 11/13/2024 J(1) 23,782 (3) 06/15/2032 Class C Common Shares 23,782 $0 23,782 D
Share Option C (right to buy) $10.63 11/13/2024 J(1) 34,125 (4) 06/14/2033 Class C Common Shares 34,125 $0 34,125 D
Share Option C (right to buy) $10.2 11/13/2024 J(1) 30,302 (5) 05/21/2034 Class C Common Shares 30,302 $0 30,302 D
Explanation of Responses:
1. The disclosures herein reflect adjustments to equity awards previously granted. No new awards were made. The Issuer effected a spin-off of Sunrise Communications AG (the Spin-Off) on November 8, 2024. In the ordinary course of business and under the terms of the Issuer's equity incentive plans, equity awards held by the Issuer's employees and directors have been adjusted to reflect the distribution made in the Spin-Off. As a result of these adjustments, the number of the Issuer's Class A common shares and Class C common shares, as applicable, underlying the outstanding share options, share appreciation rights (SARs) and certain restricted share units (RSUs) and the exercise prices of the share options and SARs, in each case, reported herein were adjusted to preserve the intrinsic value of such securities pre- and post-Spin-Off.
2. The option is immediately exercisable.
3. The option vests in three equal annual installments commencing on the date of the Issuer's 2023 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.
4. The option vests in three equal annual installments commencing on the date of the Issuer's 2024 annual general meeting of shareholders and on the date of each annual general meeting of shareholders thereafter.
5. The option vests in three equal annual installments commencing on the date of the Issuer's 2025 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 common shares are LBTYA, LBTYB, and LBTYK.
/s/ Cory Smith, Attorney-in-Fact 11/15/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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