other material
confidence high
sentiment neutral
materiality 0.30
Liberty Latin America extends SAR expiration from 7 to 10 years for 2018-2020 grants
Liberty Latin America Ltd.
- Compensation Committee approved extension of SAR expiration dates from 7th to 10th anniversary for all outstanding 2018-2020 grants.
- Exercise prices unchanged: $18.15-$21.58 (Class A) and $18.24-$21.39 (Class C) for 2018 SARs.
- Affects SARs held by directors Michael T. Fries and Charles H.R. Bracken, plus CEO Balan Nair, CFO Christopher Noyes, and CLO John M. Winter.
- Extension aligns with current company and industry practice, intended to provide greater retention incentive.
- Named executive officers joining after 2020 not affected; detailed counts and dates in Form 4s filed Oct 24.