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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Share Appreciation Rights A | $ 21.58 | 10/22/2024 | D(1) | 11,854 | (1)(2) | 01/02/2025 | Class A Common Shares | 11,854 | (1) | 0 | D | ||||
| Share Appreciation Rights A | $ 21.58 | 10/22/2024 | A(1) | 11,854 | (1)(2) | 01/02/2028 | Class A Common Shares | 11,854 | (1) | 11,854 | D | ||||
| Share Appreciation Rights A | $ 18.63 | 10/22/2024 | D(1) | 28,935 | (1)(2) | 05/01/2025 | Class A Common Shares | 28,935 | (1) | 0 | D | ||||
| Share Appreciation Rights A | $ 18.63 | 10/22/2024 | A(1) | 28,935 | (1)(2) | 05/01/2028 | Class A Common Shares | 28,935 | (1) | 28,935 | D | ||||
| Share Appreciation Rights A | $ 19.91 | 10/22/2024 | D(1) | 28,345 | (1)(2) | 05/01/2026 | Class A Common Shares | 28,345 | (1) | 0 | D | ||||
| Share Appreciation Rights A | $ 19.91 | 10/22/2024 | A(1) | 28,345 | (1)(2) | 05/01/2029 | Class A Common Shares | 28,345 | (1) | 28,345 | D | ||||
| Share Appreciation Rights A | $ 10.42 | 10/22/2024 | D(1) | 50,939 | (1)(2) | 03/16/2027 | Class A Common Shares | 50,939 | (1) | 0 | D | ||||
| Share Appreciation Rights A | $ 10.42 | 10/22/2024 | A(1) | 50,939 | (1)(2) | 03/16/2030 | Class A Common Shares | 50,939 | (1) | 50,939 | D | ||||
| Share Appreciation Rights C | $ 21.39 | 10/22/2024 | D(1) | 23,708 | (1)(2) | 01/02/2025 | Class C Common Shares | 23,708 | (1) | 0 | D | ||||
| Share Appreciation Rights C | $ 21.39 | 10/22/2024 | A(1) | 23,708 | (1)(2) | 01/02/2028 | Class C Common Shares | 23,708 | (1) | 23,708 | D | ||||
| Share Appreciation Rights C | $ 18.24 | 10/22/2024 | D(1) | 57,870 | (1)(2) | 05/01/2025 | Class C Common Shares | 57,870 | (1) | 0 | D | ||||
| Share Appreciation Rights C | $ 18.24 | 10/22/2024 | A(1) | 57,870 | (1)(2) | 05/01/2028 | Class C Common Shares | 57,870 | (1) | 57,870 | D | ||||
| Share Appreciation Rights C | $ 20.03 | 10/22/2024 | D(1) | 56,690 | (1)(2) | 05/01/2026 | Class C Common Shares | 56,690 | (1) | 0 | D | ||||
| Share Appreciation Rights C | $ 20.03 | 10/22/2024 | A(1) | 56,690 | (1)(2) | 05/01/2029 | Class C Common Shares | 56,690 | (1) | 56,690 | D | ||||
| Share Appreciation Rights C | $ 10.48 | 10/22/2024 | D(1) | 101,878 | (1)(2) | 03/16/2027 | Class C Common Shares | 101,878 | (1) | 0 | D | ||||
| Share Appreciation Rights C | $ 10.48 | 10/22/2024 | A(1) | 101,878 | (1)(2) | 03/16/2030 | Class C Common Shares | 101,878 | (1) | 101,878 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| NOYES CHRISTOPHER J 1550 WEWATTA STREET SUITE 800 DENVER, CO 80202 |
SVP, CHIEF FINANCIAL OFFICER | |||
| /s/ John M. Winter, Attorney-in-Fact | 10/24/2024 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | The reported transactions involve an extension of the seven-year exercise period on existing share appreciation rights (SAR) for an additional three-year period. For Form 4 reporting purposes, this is shown as if the outstanding SAR were to be cancelled and replaced by a new SAR. However, from the Issuer's perspective, no new SAR is issued, the Issuer has only extended the expiration term on the original grant, with the same pricing and other terms continuing to apply. |
| (2) | Vesting and exercise of the existing SAR has not changed as a result of the extension and therefore the SAR continues to be immediately exercisable. |
| Remarks: The trading symbols for the Issuer's classes of common shares are LILA, LILAB, and LILAK. |
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