Last checked at 3 Feb 2022 07:00
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
03 February 2022
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 2022 | 127,194 | 135,300 | 80,722 |
Richard R. Clark | 31 January 2022 | 127,194 | 92,070 | 77,690 |
Jason E. Doughty | 31 January 2022 | 91,796 | 92,070 | 57,065 |
Ronald W. Glass | 31 January 2022 | 5,769 | 40,000 | 8,246 |
Andrew G. Inglis | 31 January 2022 | 250,209 | 264,000 | 154,839 |
Neal D. Shah | 31 January 2022 | 75,775 | 148,500 | 29,818 |
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
Assistant Secretary
CONTACT:
Investor Relations
Jamie Buckland+44 203 954 2831jbuckland@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) 127,194 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2) 135,300 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 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 80,722 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 Plan. |
(3) Shares Granted or Vested | ||
c) | Currency | USD |
Price | 4.33 | |
Volume | 262,494 | |
Total | 1,136,599.02 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 4.33 | |
Volume | 80,722 | |
Total | 349,526.26 | |
d) | Aggregated information | |
Price | 4.33 | |
Volume | 181,772 | |
Total | 787,072.76 | |
e) | Date of the transactions | 31 January 2022 |
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 Stock, par value $0.01 per share |
b) | Nature of the transactions | (1) 127,194 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2) 92,070 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 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 77,690 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 Plan. |
(3) Shares Granted or Vested | ||
c) | Currency | USD |
Price | 4.33 | |
Volume | 219,264 | |
Total | 949,413.12 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 4.33 | |
Volume | 77,690 | |
Total | 336,397.70 | |
d) | Aggregated information | |
Price | 4.33 | |
Volume | 141,574 | |
Total | 613,015.42 | |
e) | Date of the transactions | 31 January 2022 |
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 Stock, par value $0.01 per share |
b) | Nature of the transactions | (1) 91,796 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2) 92,070 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 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 57,065 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 Plan. |
(3) Shares Granted or Vested | ||
c) | Currency | USD |
Price | 4.33 | |
Volume | 183,866 | |
Total | 796,139.78 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 4.33 | |
Volume | 57,065 | |
Total | 247,091.45 | |
d) | Aggregated information | |
Price | 4.33 | |
Volume | 126,801 | |
Total | 549,048.33 | |
e) | Date of the transactions | 31 January 2022 |
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) 5,769 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2) 40,000 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 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 8,246 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 Plan. |
(3) Shares Granted or Vested | ||
c) | Currency | USD |
Price | 4.33 | |
Volume | 45,769 | |
Total | 198,179.77 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 4.33 | |
Volume | 8,246 | |
Total | 35,705.18 | |
d) | Aggregated information | |
Price | 4.33 | |
Volume | 37,523 | |
Total | 162,474.59 | |
e) | Date of the transactions | 31 January 2022 |
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) 250,209 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2) 264,000 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 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 154,839 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 Plan.
|
(3) Shares Granted or Vested | ||
c) | Currency | USD |
Price | 4.33 | |
Volume | 514,209 | |
Total | 2,226,524.97 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 4.33 | |
Volume | 154,839 | |
Total | 670,452.87 | |
d) | Aggregated information | |
Price | 4.33 | |
Volume | 359,370 | |
Total | 1,556,072.10 | |
e) | Date of the transactions | 31 January 2022 |
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) 75,775 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the 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 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 29,818 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 Plan. |
(3) Shares Granted or Vested | ||
c) | Currency | USD |
Price | 4.33 | |
Volume | 224,275 | |
Total | 971,110.75 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 4.33 | |
Volume | 29,818 | |
Total | 129,111.94 | |
d) | Aggregated information | |
Price | 4.33 | |
Volume | 194,457 | |
Total | 841,998.81 | |
e) | Date of the transactions | 31 January 2022 |
f) | Place of the transaction | NYSE |