REG - Kosmos Energy Ltd - Director/PDMR Shareholding
RNS Number : 8330NKosmos Energy Limited03 February 2021Kosmos Energy Ltd (the "Company")
PDMR ShareholdingNOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
03 February 2021
The following Persons Discharging Managerial Responsibilities ("PDMRs") have had changes in their shareholdings of Common Shares in the Company:
PDMR
Date of transaction
No. of shares vested
No. of shares granted
No. of shares sold or withheld
Christopher J. Ball
31 January 2021
0
77,000
18,526
Richard R. Clark
31 January 2021
0
77,000
19,973
Jason E. Doughty
31 January 2021
0
55,353
13,682
Ronald W. Glass
31 January 2021
0
15,000
4,547
Andrew G. Inglis
31 January 2021
0
157,500
35,721
Neal D. Shah
31 January 2021
0
77,000
12,027
The Notification of Dealing Form for each PDMR, which provides full details of the transactions outlined above, can be found below.
This notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
Richard J. Stephens
Assistant Secretary
CONTACT:Investor Relations
Jamie Buckland
+44 203 954 2831
jbuckland@kosmosenergy.com
Media Relations
Thomas Golembeski
+1-214-445-9674
tgolembeski@kosmosenergy.com
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Christopher J. Ball
b)
Position / status
SVP and Chief Commercial Officer
c)
Initial notification / amendment
Initial notification
2.
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
a)
Description of the financial instrument
Common Shares, par value $0.01 per share
b)
Nature of the transactions
(1) 77,000 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder.
(2) 18,526 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3) Shares vested
c)
Currency
USD
Price
2.28
Volume
77,000
Total
175,560.00
(4) Shares sold or withheld
Currency
USD
Price
2.28
Volume
18,526
Total
42,239.28
d)
Aggregated information
Price
2.28
Volume
58,474
Total
133,320.72
e)
Date of the transactions
31 January 2021
f)
Place of the transaction
NYSE
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Richard R. Clark
b)
Position / status
SVP and President, Gulf of Mexico Business Unit
c)
Initial notification / amendment
Initial notification
2.
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
a)
Description of the financial instrument
Common Shares, par value $0.01 per share
b)
Nature of the transactions
(1) 77,000 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder.
(2) 19,973 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3) Shares vested
c)
Currency
USD
Price
2.28
Volume
77,000
Total
175,560.00
(4) Shares sold or withheld
Currency
USD
Price
2.28
Volume
19,973
Total
45,538.44
d)
Aggregated information
Price
2.28
Volume
57,027
Total
130,021.56
e)
Date of the transactions
31 January 2021
f)
Place of the transaction
NYSE
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Jason E. Doughty
b)
Position / status
SVP and General Counsel
c)
Initial notification / amendment
Initial notification
2.
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
a)
Description of the financial instrument
Common Shares, par value $0.01 per share
b)
Nature of the transactions
(1) 55,353 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder.
(2) 13,682 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3) Shares vested
c)
Currency
USD
Price
2.28
Volume
55,353
Total
126,204.84
(4) Shares sold or withheld
Currency
USD
Price
2.28
Volume
13,682
Total
31,194.96
d)
Aggregated information
Price
2.28
Volume
41,671
Total
95,009.88
e)
Date of the transactions
31 January 2021
f)
Place of the transaction
NYSE
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Ronald W. Glass
b)
Position / status
Vice President and Chief Accounting Officer
c)
Initial notification / amendment
Initial notification
2.
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
a)
Description of the financial instrument
Common Shares, par value $0.01 per share
b)
Nature of the transactions
(1) 15,000 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder.
(2) 4,547 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3) Shares vested
c)
Currency
USD
Price
2.28
Volume
15,000
Total
34,200.00
(4) Shares sold or withheld
Currency
USD
Price
2.28
Volume
4,547
Total
10,367.16
d)
Aggregated information
Price
2.28
Volume
10,453
Total
23,832.84
e)
Date of the transactions
31 January 2021
f)
Place of the transaction
NYSE
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Andrew G. Inglis
b)
Position / status
Chairman and Chief Executive Officer
c)
Initial notification / amendment
Initial notification
2.
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
a)
Description of the financial instrument
Common Shares, par value $0.01 per share
b)
Nature of the transactions
(1) 157,500 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder.
(2) 35,721 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3) Shares vested
c)
Currency
USD
Price
2.28
Volume
157,500
Total
359,100.00
(4) Shares sold or withheld
Currency
USD
Price
2.28
Volume
35,721
Total
81,443.88
d)
Aggregated information
Price
2.28
Volume
121,779
Total
277,656.12
e)
Date of the transactions
31 January 2021
f)
Place of the transaction
NYSE
1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Neal D. Shah
b)
Position / status
Senior Vice President and Chief Financial Officer
c)
Initial notification / amendment
Initial notification
2.
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
a)
Description of the financial instrument
Common Shares, par value $0.01 per share
b)
Nature of the transactions
(1) 77,000 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder.
(2) 12,027 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3) Shares vested
c)
Currency
USD
Price
2.28
Volume
77,000
Total
175,560.00
(4) Shares sold or withheld
Currency
USD
Price
2.28
Volume
12,027
Total
27,421.56
d)
Aggregated information
Price
2.28
Volume
64,973
Total
148,138.44
e)
Date of the transactions
31 January 2021
f)
Place of the transaction
NYSE
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