REG - Sainsbury(J) PLC - Director/PDMR Shareholding
06/06/2022 15:00
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RNS Number : 8731N Sainsbury(J) PLC 06 June 2022
6 June 2022
J Sainsbury plc
(the 'Company')
Directors/PDMRs Shareholding
On 1 June 2022, the following Directors and Persons Discharging Managerial
Responsibility ('PDMRs') were granted awards under the J Sainsbury plc Long
Term Incentive Plan 2016 ('LTIP'). The awards were granted as nil-cost options
over ordinary shares of 28(4)/(7) pence each in the Company ('Shares') as set
out below:
Leaders' Share Award ('LSAs')
PDMRs Core Award Maximum Award Number of Shares
Number of Shares
Simon Roberts (Director) 245,773 983,092
Kevin O'Byrne (Director) 166,188 664,752
Rhian Bartlett 107,468 429,872
Graham Biggart 97,698 390,792
Jim Brown 28,864 115,456
Tim Fallowfield 75,838 303,352
Mark Given 101,118 404,472
Philip Jordan 126,397 505,588
Clodagh Moriarty 107,468 429,872
Paula Nickolds 101,118 404,472
Angie Risley 90,473 361,892
(1) The LSAs are subject to performance conditions measured over three
financial years. The LSAs will normally vest after three years, subject to the
achievement of the performance conditions.
(2) The LSAs for Simon Roberts and Kevin O'Byrne will be subject to an
additional retention period, meaning that any vested LSAs will be released
five years after the date of grant.
(3) Should maximum vesting be achieved, participants would receive four
times the number of Shares of their core award.
(4) Dividend equivalents may be delivered (either in cash or Shares) in
respect of dividends accrued on any Shares which subsequently vest.
(5) The share price to determine the number of Shares awarded was based on
the five dealing day average Share price prior to the grant date.
(6) For CRDV banking regulatory purposes, the number of shares awarded to
Jim Brown will not be increased to reflect any dividends accrued during the
award's vesting period. However, a one time fair value adjustment to his award
was made at the point of grant based on a forecasted dividend yield over the
vesting period to reflect the absence of dividend equivalents accrued during
the vesting period.
The PDMRs were also granted Shares under the LTIP as set out below:
Bonus Share Awards ('BSAs')
PDMRs Number of Shares
Simon Roberts (Director) 363,601
Kevin O'Byrne (Director) 223,511
Rhian Bartlett 153,334
Graham Biggart 63,465
Jim Brown 184,741
Tim Fallowfield 112,353
Mark Given 147,438
Philip Jordan 188,884
Clodagh Moriarty 158,442
Paula Nickolds 109,060
Angie Risley 135,200
(1) The BSAs were granted based on performance during the 2021/22 financial
year.
(2) The BSAs will vest following a two-year retention period, except for Jim
Brown's award, which will vest after a three-year retention period.
(3) Dividend equivalents may be delivered (either in cash or Shares) in
respect of dividends accrued on any Shares which subsequently vest.
(4) The share price to determine the number of Shares awarded was based on
the five dealing days average Share price prior to the grant date.
(5) For CRDV banking regulatory purposes, the number of shares awarded to
Jim Brown will not be increased to reflect any dividends accrued during the
award's retention period. However, a one time fair value adjustment to his
award was made at the point of grant based on a forecasted dividend yield over
the retention period to reflect the absence of dividend equivalents accrued
during the retention period.
The Notification of Dealing Forms for each PDMR can be found below.
This notification is made in accordance with the requirements of the UK Market
Abuse Regulation.
For further information please contact:
Enquiries
Investor Relations: James Collins +44 (0) 20 7695 0080
Media: Rebecca Reilly +44 (0) 20 7695 7295
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Simon Roberts
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 983,092
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 363,601
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Kevin O'Byrne
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 664,752
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 223,511
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Rhian Bartlett
2 Reason for the notification
a) Position/status Food Commercial Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 429,872
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 153,334
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Graham Biggart
2 Reason for the notification
a) Position/status Chief Transformation Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 390,792
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 63,465
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jim Brown
2 Reason for the notification
a) Position/status Chief Executive Officer, Sainsbury's Bank
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 115,456
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 184,741
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tim Fallowfield
2 Reason for the notification
a) Position/status Company Secretary and Corporate Services Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 303,352
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 112,353
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mark Given
2 Reason for the notification
a) Position/status Chief Marketing Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 404,472
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 147,438
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Phil Jordan
2 Reason for the notification
a) Position/status Chief Information Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 505,588
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 188,884
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Clodagh Moriarty
2 Reason for the notification
a) Position/status Retail and Digital Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 429,872
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 158,442
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Paula Nickolds
2 Reason for the notification
a) Position/status General Merchandise & Clothing Commercial Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 404,472
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 109,060
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Notification of dealing form
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Angie Risley
2 Reason for the notification
a) Position/status Group HR Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name J Sainsbury plc
b) LEI 213800VGZAAJIKJ9Y484
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Awards of nil-cost options granted under the J Sainsbury plc Long Term
Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 361,892
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 135,200
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 1 June 2022
f) Place of the transaction Outside a trading venue
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