SPARKMAN J C 4
4 · Liberty Global plc · Filed Apr 23, 2020
Insider Transaction Report
Form 4
SPARKMAN J C
Director
Transactions
- Disposition to Issuer
Share Option C (right to buy)
2020-04-21−4,614→ 0 totalExercise: $28.82Exp: 2020-06-28→ Class C Ordinary Shares (4,614 underlying) - Disposition to Issuer
Share Option A (right to buy)
2020-04-21−4,634→ 0 totalExercise: $29.22Exp: 2020-06-28→ Class A Ordinary Shares (4,634 underlying) - Award
Share Option A (right to buy)
2020-04-21+4,634→ 4,634 totalExercise: $29.22Exp: 2023-06-28→ Class A Ordinary Shares (4,634 underlying) - Award
Share Option C (right to buy)
2020-04-21+9,985→ 9,985 totalExercise: $26.77Exp: 2023-06-28→ Class C Ordinary Shares (9,985 underlying) - Award
Share Option C (right to buy)
2020-04-21+4,614→ 4,614 totalExercise: $28.82Exp: 2023-06-28→ Class C Ordinary Shares (4,614 underlying) - Disposition to Issuer
Share Option C (right to buy)
2020-04-21−9,985→ 0 totalExercise: $26.77Exp: 2020-06-28→ Class C Ordinary Shares (9,985 underlying)
Footnotes (2)
- [F1]The reported transactions involve an extension of the seven-year exercise period on existing share options for an additional three-year period. For Form 4 reporting purposes, this is shown as if the outstanding option were to be cancelled and replaced by a new option. However, from the Issuer's perspective, no new option is issued, the Issuer has only extended the expiration term on the original grant, with the same pricing and other terms continuing to apply.
- [F2]Vesting and exercise of the existing option has not changed as a result of the extension and therefore the option continues to be immediately exercisable.