KENIGSZTEIN BETZALEL 4

Accession 0001712184-20-000305

CIK 0001712184other

View on SEC.gov Company Profile

Filed

Oct 4, 8:00 PM ET

Accepted

Oct 5, 5:31 PM ET

Size

23.2 KB

Accession

0001712184-20-000305

Insider Transaction Report

Form 4

Period: 2020-10-01

Liberty Latin America Ltd.LILA

KENIGSZTEIN BETZALEL

SVP, CHIEF OPERATING OFFICER

Transactions

Tax Payment
Class C Common Shares
2020-10-01$8.73/sh−4,558$39,791→ 70,265 total
Exercise/Conversion
Class A Common Shares
2020-10-01+7,655→ 27,342 total
Exercise/Conversion
Class C Common Shares
2020-10-01+14,450→ 74,823 total
Tax Payment
Class A Common Shares
2020-10-01$8.82/sh−2,415$21,300→ 24,927 total
Exercise/Conversion
Restricted Share Units A
2020-10-01−7,655→ 0 total
→ Class A Common Shares (7,655 underlying)
Award
Restricted Share Units C
2020-10-01+14,500→ 14,500 total
From: 2020-10-05Exp: 2020-10-05→ Class C Common Shares (14,500 underlying)
Exercise/Conversion
Restricted Share Units C
2020-10-01−14,450→ 0 total
→ Class C Common Shares (14,450 underlying)
Exercise/Conversion
Restricted Share Units C
2020-10-05−14,500→ 0 total
From: 2020-10-05Exp: 2020-10-05→ Class C Common Shares (14,500 underlying)
Exercise/Conversion
Class C Common Shares
2020-10-05+14,500→ 84,765 total
Tax Payment
Class C Common Shares
2020-10-05$8.84/sh−6,378$56,382→ 78,387 total

Holdings

Class C Common Shares
(indirect: By 401(k))
89
Class C Common Shares
(indirect: By 401(k))
3,326

Footnotes (6)

[F1]Each Restricted Share Unit represents a right to receive one share of the Issuer's Class A common shares or Class C common shares, as the case may be, at settlement.
[F2]The Restricted Share Units vest in two equal semi-annual installments on April 1, 2020 and October 1, 2020.
[F3]860 shares subject to an RSU that could only be settled in shares were voluntarily forfeited by the Reporting Person prior to the vesting of such RSUs on October 1, 2020.
[F4]In connection with the Issuer's recently completed rights offering to purchase Class C common shares (LILAK), holders of outstanding share appreciation rights (SARs) to acquire shares of Class A common shares (LILA) or LILAK and holders of outstanding restricted share units (RSUs) or performance-based RSUs relating to shares of LILA or LILAK received a new grant of RSUs relating to shares of LILAK to compensate for the diminution in value associated with the common shares underlying their outstanding SARs, RSUs and performance-based RSUs. These grants of RSUs were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
[F5]The number of RSUs was determined based, in part, on the volume-weighted average trading price of both LILAK shares and the subscription rights to purchase LILAK shares over the trading days occurring during the subscription period for the rights offering, beginning on and including September 11, 2020 and ending on and including September 25, 2020.
[F6]The Restricted Share Units provide for vesting of 12.5% of the shares on November 1, 2016, and the remaining shares in 14 equal quarterly installments commencing on February 1, 2017.

Documents

1 file

4
wf-form4_160193343176138.xmlPrimary
FORM 4

Issuer

Liberty Latin America Ltd.

CIK 0001712184

→

Entity typeother

Related Parties

filerCIK 0001725400

Filing Metadata

Form type: 4
Filed: Oct 4, 8:00 PM ET
Accepted: Oct 5, 5:31 PM ET
Size: 23.2 KB

View on SEC.gov