Director at Liberty Latin America (LILA) exercises RSUs and receives shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liberty Latin America Ltd. director Charles H. R. Bracken reported compensation-related share activity involving restricted share units and common shares. On March 15, he exercised restricted share units into 7,477 Class A and 14,954 Class C common shares. To cover tax obligations, 516 Class A shares at $7.58 and 1,032 Class C shares at $7.77 were withheld, leaving him with 6,961 Class A and 13,922 Class C shares held directly.
On March 13, he also received new awards of 6,452 Class A and 12,904 Class C restricted share units, each convertible into one share at settlement. In addition to his direct holdings, 36,014 Class A and 82,786 Class C shares are held indirectly by Charlouise Ltd., which he controls.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,431 shares exercised/converted
Mixed
10 txns
Insider
BRACKEN CHARLES H R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units A | 7,477 | $0.00 | -- |
| Exercise | Restricted Share Units C | 14,954 | $0.00 | -- |
| Exercise | Class A Common Shares | 7,477 | $0.00 | -- |
| Tax Withholding | Class A Common Shares | 516 | $7.58 | $4K |
| Exercise | Class C Common Shares | 14,954 | $0.00 | -- |
| Tax Withholding | Class C Common Shares | 1,032 | $7.77 | $8K |
| Grant/Award | Restricted Share Units A | 6,452 | $0.00 | -- |
| Grant/Award | Restricted Share Units C | 12,904 | $0.00 | -- |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class C Common Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units A — 0 shares (Direct);
Restricted Share Units C — 0 shares (Direct);
Class A Common Shares — 7,477 shares (Direct);
Class C Common Shares — 14,954 shares (Direct);
Class A Common Shares — 36,014 shares (Indirect, by Charlouise Ltd.);
Class C Common Shares — 82,786 shares (Indirect, by Charlouise Ltd.)
Footnotes (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. Shares are held by Charlouise Ltd., which is controlled by the Reporting Person.
FAQ
What insider transactions did Liberty Latin America (LILA) director Charles H. R. Bracken report?
Charles H. R. Bracken reported exercising restricted share units into Class A and Class C common shares, with a portion of the resulting shares withheld to satisfy tax obligations, and also disclosed new restricted share unit awards and updated direct and indirect share holdings.