Last checked at 17 Mar 2016 18:15
BP p.l.c.
Notification of transactions of persons discharging managerial responsibility or connected persons
BP Share Value Plan awards
BP p.l.c. was notified on 16 March 2016 that on 15 March 2016 the following senior executives (persons discharging managerial responsibility) acquired the number of Restricted Share Units equivalent to the number of ADSs (ISIN number US0556221044) shown opposite their names below at a price of $33.81 per ADS, under the BP Share Value Plan:
Mr R. Fryar | 33,674 |
Mr A. Hopwood | 32,432 |
Mr H.L. McKay | 76,132 |
The numbers of Restricted Share Units granted under the BP Share Value Plan represent the number of BP ADSs awarded under the plan which may change at vesting following a three year performance period. In addition, each senior executive will be entitled to additional ADSs representing the value of reinvested dividends on those ADSs which vest.
Deferred award (including matched shares)
Further to BP p.l.c.'s announcement on 5 February 2016, it was notified on 16 March 2016 that on 15 March 2016 Mr H. L. McKay (a person discharging managerial responsibility in BP p.l.c.) was awarded the following ADSs and Restricted Share Units under the BP Restricted Share Plan II at a price of $29.66 per ADS:
Mandatory award 32,544
Voluntary award 32,544
Matching RSU awards 65,088
Restricted Share Plan II awards
BP p.l.c. was notified on 16 March 2016 that on 15 March 2016 the following senior executive (a person discharging managerial responsibility) was awarded the number of ADSs (ISIN number US0556221044) at $29.39 per ADS in Restricted Share Units shown against his name under the BP Restricted Share Plan II. These awards of Restricted Share Units will vest over three and five year periods. The participant will be entitled to additional ADSs representing the value of reinvested dividends on those Restricted Share Units which vest. | ||
Mr R. Fryar | Three year vesting Five year vesting
| 6,750 Restricted Share Units 6,750 Restricted Share Units |
Annual Cash Bonus Deferral Plan
Further to BP p.l.c.'s announcement on 5 February 2016, it is confirmed that the following senior executives whose names are listed below (all persons discharging managerial responsibility in BP p.l.c.) who elected to participate in the BP Annual Cash Bonus Deferral Plan have acquired either the number of BP Ordinary Shares (ISIN number GB0007980591) at £3.32 per share or the number of ADSs (ISIN number US0556221044) at $29.66 per ADS shown against their respective names. They have also acquired the number of Restricted Share Units shown against their respective names. The Ordinary Shares, the ADSs and the Restricted Share Units are all subject to a three-year retention period and are expected to vest in early 2019.
Name of PDMR | Date of election | Number of Ordinary Shares | Number of Restricted Share Units |
Mr R. Bondy | 04 February 2016 | 45,816 | 86,446 |
Mr T. Erginbilgic | 05 February 2016 | 63,087 | 104,450 |
Mr B. Looney | 05 February 2016 | 42,229 | 79,679 |
Mr H. Schuster | 04 February 2016 | 25,166 | 50,333 |
Mr D. Sanyal | 05 February 2016 | 35,100 | 66,227 |
Name of PDMR | Date of election | Number of ADSs | Number of Restricted Share Units |
Mr R. Fryar | 04 February 2016 | 7,315 | 12,111 |
This notice is given in fulfilment of the obligations under DTR3.1.4 (1)(a)R.