REG - Kosmos Energy Ltd - Director/PDMR Shareholding
05/02/2025 07:00
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RNS Number : 9014V Kosmos Energy Limited 05 February 2025
Kosmos Energy Ltd (the "Company")
PDMR Shareholding
NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE
EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES
04 February 2025
The following Persons Discharging Managerial Responsibilities ("PDMRs") have
had changes in their shareholdings of Common Stock 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 2025 354,638 99,525 0
Josh R. Marion 31 January 2025 51,640 52,800 0
Josh R. Marion 3 February 2025 0 0 16,144
Ronald W. Glass 31 January 2025 51,640 50,000 0
Ronald W. Glass 3 February 2025 0 0 16,182
Andrew G. Inglis 31 January 2025 691,976 270,600 0
Andrew G. Inglis 3 February 2025 0 0 102,701
Neal D. Shah 31 January 2025 389,237 148,500 0
Neal D. Shah 3 February 2025 0 0 56,987
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.
Josh R. Marion
Corporate 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 Stock, par value $0.01 per share
b) Nature of the transactions (1) 354,638 shares issued on settlement of restricted share units granted
to the reporting person on 31 January 2022 under the Company's Long Term
Incentive Plan (the "Plan") based on the target level of achievement of the
applicable performance condition.
(2) 99,525 restricted share units granted under the Plan which are
scheduled to vest with respect to one-third of the total number of shares on
January 31 of each of 2026, 2027 and 2028, subject to the terms of the Plan
and the applicable award agreement issued thereunder.
Shares Granted or Vested
c) Currency USD
Price 3.18
Volume 454,163
Total 1,444,238.34
Shares sold or withheld
Currency USD
Price 0
Volume 0
Total 0
d) Aggregated information
Price 3.18
Volume 454,163
Total 1,444,238.34
e) Date of the transactions 31 January 2025
f) Place of the transaction NYSE
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Josh R. Marion
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 Stock, par value $0.01 per share
b) Nature of the transactions (1) 51,640 shares issued on settlement of restricted share units granted
to the reporting person on 31 January 2022 under the Company's Long Term
Incentive Plan (the "Plan") based on the target level of achievement of the
applicable performance condition.
(2) 52,800 restricted share units granted under the Plan which are
scheduled to vest with respect to one-third of the total number of shares on
January 31 of each of 2026, 2027 and 2028, subject to the terms of the Plan
and the applicable award agreement issued thereunder.
Shares Granted or Vested
c) Currency USD
Price 3.18
Volume 104,440
Total 332,119.20
Shares sold or withheld
Currency USD
Price 0
Volume 0
Total 0
d) Aggregated information
Price 3.18
Volume 104,440
Total 332,119.20
e) Date of the transactions 31 January 2025
f) Place of the transaction NYSE
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 Stock, par value $0.01 per share
b) Nature of the transactions 16,144 shares sold to satisfy the tax withholding requirement arising from the
vesting of restricted shares granted to the reporting person under the Plan.
Shares Granted or Vested
c) Currency USD
Price 0
Volume 0
Total 0
Shares sold or withheld
Currency USD
Price 3.1203
Volume 16,144
Total 50,374.13
d) Aggregated information
Price 3.1203
Volume 16,144
Total 50,374.13
e) Date of the transactions 3 February 2025
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 Stock, par value $0.01 per share
b) Nature of the transactions (1) 51,640 shares issued on settlement of restricted share units granted
to the reporting person on 31 January 2022 under the Company's Long Term
Incentive Plan (the "Plan") based on the target level of achievement of the
applicable performance condition.
(2) 50,000 restricted share units granted under the Plan which are
scheduled to vest with respect to one-third of the total number of shares on
January 31 of each of 2026, 2027 and 2028, subject to the terms of the Plan
and the applicable award agreement issued thereunder.
Shares Granted or Vested
c) Currency USD
Price 3.18
Volume 101,640
Total 323,215.20
Shares sold or withheld
Currency USD
Price 0
Volume 0
Total 0
d) Aggregated information
Price 3.18
Volume 101,640
Total 323,215.20
e) Date of the transactions 31 January 2025
f) Place of the transaction NYSE
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 Stock, par value $0.01 per share
b) Nature of the transactions 16,182 shares sold to satisfy the tax withholding requirement arising from the
vesting of restricted shares granted to the reporting person under the Plan.
Shares Granted or Vested
c) Currency USD
Price 0
Volume 0
Total 0
Shares sold or withheld
Currency USD
Price 3.1203
Volume 16,182
Total 50,492.70
d) Aggregated information
Price 3.1203
Volume 16,182
Total 50,492.70
e) Date of the transactions 3 February 2025
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 Stock, par value $0.01 per share
b) Nature of the transactions (1) 691,976 shares issued on settlement of restricted share units granted
to the reporting person on 31 January 2022 under the Company's Long Term
Incentive Plan (the "Plan") based on the target level of achievement of the
applicable performance condition.
(2) 270,600 restricted share units granted under the Plan which are
scheduled to vest with respect to one-third of the total number of shares on
January 31 of each of 2026, 2027 and 2028, subject to the terms of the Plan
and the applicable award agreement issued thereunder.
Shares Granted or Vested
c) Currency USD
Price 3.18
Volume 962,576
Total 3,060,991.68
Shares sold or withheld
Currency USD
Price 0
Volume 0
Total 0
d) Aggregated information
Price 3.18
Volume 962,576
Total 3,060,991.68
e) Date of the transactions 31 January 2025
f) Place of the transaction NYSE
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 Stock, par value $0.01 per share
b) Nature of the transactions 102,701 shares sold to satisfy the tax withholding requirement arising from
the vesting of restricted shares granted to the reporting person under the
Plan.
Shares Granted or Vested
c) Currency USD
Price 0
Volume 0
Total 0
Shares sold or withheld
Currency USD
Price 3.1203
Volume 102,701
Total 320,457.93
d) Aggregated information
Price 3.1203
Volume 102,701
Total 320,457.93
e) Date of the transactions 3 February 2025
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 Stock, par value $0.01 per share
b) Nature of the transactions (1) 389,237 shares issued on settlement of restricted share units granted
to the reporting person on 31 January 2022 under the Company's Long Term
Incentive Plan (the "Plan") based on the target level of achievement of the
applicable performance condition.
(2) 148,500 restricted share units granted under the Plan which are
scheduled to vest with respect to one-third of the total number of shares on
January 31 of each of 2026, 2027 and 2028, subject to the terms of the Plan
and the applicable award agreement issued thereunder.
Shares Granted or Vested
c) Currency USD
Price 3.18
Volume 537,737
Total 1,710,003.66
Shares sold or withheld
Currency USD
Price 0
Volume 0
Total 0
d) Aggregated information
Price 3.18
Volume 537,737
Total 1,710,003.66
e) Date of the transactions 31 January 2025
f) Place of the transaction NYSE
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 Stock, par value $0.01 per share
b) Nature of the transactions 56,987 shares sold to satisfy the tax withholding requirement arising from the
vesting of restricted shares granted to the reporting person under the Plan.
Shares Granted or Vested
c) Currency USD
Price 0
Volume 0
Total 0
Shares sold or withheld
Currency USD
Price 3.1203
Volume 56,987
Total 177,816.54
d) Aggregated information
Price 3.1203
Volume 56,987
Total 177,816.54
e) Date of the transactions 3 February 2025
f) Place of the transaction NYSE
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