SVP, CLO AND SECRETARY Winter John M converted options into 51,470 units of Class A Common Shares, covered exercise/tax liability with 26,637 units of Class A Common Shares, converted options into 102,941 units of Class C Common Shares and covered exercise/tax liability with 53,273 units of Class C Common Shares, increasing direct ownership by 360% to 389,255 units (SEC Form 4)
$LILAK
Cable & Other Pay Television Services
Telecommunications
| 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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Liberty Latin America Ltd. [ LILA ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 03/14/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 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 | ||||||
| Class A Common Shares | 03/15/2025 | M | 13,889 | A | (1) | 98,511 | D | |||
| Class A Common Shares | 03/15/2025 | F | 7,188 | D | $6.69 | 91,323 | D | |||
| Class A Common Shares | 03/15/2025 | M | 16,583 | A | (1) | 107,906 | D | |||
| Class A Common Shares | 03/15/2025 | F | 8,582 | D | $6.69 | 99,324 | D | |||
| Class A Common Shares | 03/15/2025 | M | 20,998 | A | (1) | 120,322 | D | |||
| Class A Common Shares | 03/15/2025 | F | 10,867 | D | $6.69 | 109,455 | D | |||
| Class C Common Shares | 03/15/2025 | M | 27,778 | A | (1) | 367,365 | D | |||
| Class C Common Shares | 03/15/2025 | F | 14,376 | D | $6.66 | 352,989 | D | |||
| Class C Common Shares | 03/15/2025 | M | 33,167 | A | (1) | 386,156 | D | |||
| Class C Common Shares | 03/15/2025 | F | 17,164 | D | $6.66 | 368,992 | D | |||
| Class C Common Shares | 03/15/2025 | M | 41,996 | A | (1) | 410,988 | D | |||
| Class C Common Shares | 03/15/2025 | F | 21,733 | D | $6.66 | 389,255 | D | |||
| Class C Common Shares | 176 | I | By IRA | |||||||
| Class C Common Shares | 14,365 | I | By 401(k) Plan | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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 Appreciation Rights A | $6.69 | 03/14/2025 | A | 110,193 | (2) | 03/14/2035 | Class A Common Shares | 110,193 | $0 | 110,193 | D | ||||
| Share Appreciation Rights C | $6.66 | 03/14/2025 | A | 220,385 | (2) | 03/14/2035 | Class C Common Shares | 220,385 | $0 | 220,385 | D | ||||
| Restricted Share Units A | (1) | 03/14/2025 | A | 59,818 | (3) | (3) | Class A Common Shares | 59,818 | (1) | 59,818 | D | ||||
| Restricted Share Units C | (1) | 03/14/2025 | A | 119,636 | (3) | (3) | Class C Common Shares | 119,636 | (1) | 119,636 | D | ||||
| Restricted Share Units A | (1) | 03/15/2025 | M | 13,889 | (4) | (4) | Class A Common Shares | 13,889 | $0 | 0 | D | ||||
| Restricted Share Units A | (1) | 03/15/2025 | M | 16,583 | (5) | (5) | Class A Common Shares | 16,583 | $0 | 16,583 | D | ||||
| Restricted Share Units A | (1) | 03/15/2025 | M | 20,998 | (6) | (6) | Class A Common Shares | 20,998 | $0 | 41,994 | D | ||||
| Restricted Share Units C | (1) | 03/15/2025 | M | 27,778 | (4) | (4) | Class C Common Shares | 27,778 | $0 | 0 | D | ||||
| Restricted Share Units C | (1) | 03/15/2025 | M | 33,167 | (5) | (5) | Class C Common Shares | 33,167 | $0 | 33,167 | D | ||||
| Restricted Share Units C | (1) | 03/15/2025 | M | 41,996 | (6) | (6) | Class C Common Shares | 41,996 | $0 | 83,988 | D | ||||
| Explanation of Responses: |
| 1. 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. |
| 2. The SARs vest in three equal annual installments on March 15 of 2026, 2027 and 2028. |
| 3. The RSUs vest in three equal annual installments on March 15 of 2026, 2027 and 2028. |
| 4. The RSUs vest in three equal annual installments on March 15 of 2023, 2024 and 2025. |
| 5. The RSUs vest in three equal annual installments on March 15 of 2024, 2025 and 2026. |
| 6. The RSUs vest in three equal annual installments on March 15 of 2025, 2026 and 2027. |
| Remarks: |
| The trading symbols for the Issuer's classes of common shares are LILA, LILAB, and LILAK. |
| /s/ John M. Winter | 03/18/2025 | |
| ** 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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||