Last checked at 5 Feb 2020 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
05 February 2020
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 2020 | 0 | 73,125 | 9,592 |
Thomas P. Chambers | 31 January 2020 | 0 | 0 | 9,592 |
Richard R. Clark | 31 January 2020 | 0 | 73,125 | 9,105 |
Jason E. Doughty | 31 January 2020 | 0 | 52,152 | 6,841 |
Ronald W. Glass | 31 January 2020 | 0 | 15,000 | 2,040 |
Andrew G. Inglis | 31 January 2020 | 0 | 148,500 | 16,243 |
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 2831jbuckland@kosmosenergy.comRhys Williams+1-214-445-9693rwilliams@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) 73,125 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 2021, 2022 and 2023, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 9,592 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 | 5.11 | |
Volume | 73,125 | |
Total | 373,668.75 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 5.11 | |
Volume | 9,592 | |
Total | 49,015.12 | |
d) | Aggregated information | |
Price | 5.11 | |
Volume | 63,533 | |
Total | 324,653.63 | |
e) | Date of the transactions | 31 January 2020 |
f) | Place of the transaction | NYSE |
1. | Details of PDMR / person closely associated with them ("PCA") | |
a) | Name | Thomas P. Chambers |
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 | 9,592 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 | NA | |
Volume | NA | |
Total | NA | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 5.11 | |
Volume | 9,592 | |
Total | 49,015.12 | |
d) | Aggregated information | |
Price | 5.11 | |
Volume | 9,592 | |
Total | 49,015.12 | |
e) | Date of the transactions | 31 January 2020 |
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) 73,125 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 2021, 2022 and 2023, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 9,105 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 | 5.11 | |
Volume | 73,125 | |
Total | 373,668.75 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 5.11 | |
Volume | 9,105 | |
Total | 46,526.55 | |
d) | Aggregated information | |
Price | 5.11 | |
Volume | 64,020 | |
Total | 327,142.20 | |
e) | Date of the transactions | 31 January 2020 |
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) 52,152 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 2021, 2022 and 2023, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 6,841 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 | 5.11 | |
Volume | 52,152 | |
Total | 266,496.72 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 5.11 | |
Volume | 6,841 | |
Total | 34,957.51 | |
d) | Aggregated information | |
Price | 5.11 | |
Volume | 45,311 | |
Total | 231,539.21 | |
e) | Date of the transactions | 31 January 2020 |
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 2021, 2022 and 2023, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 2,040 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 | 5.11 | |
Volume | 15,000 | |
Total | 76,650.00 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 5.11 | |
Volume | 2,040 | |
Total | 10,424.40 | |
d) | Aggregated information | |
Price | 5.11 | |
Volume | 12,960 | |
Total | 66,225.60 | |
e) | Date of the transactions | 31 January 2020 |
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) 148,500 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 2021, 2022 and 2023, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2) 16,243 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 | 5.11 | |
Volume | 148,500 | |
Total | 758,835.00 | |
(4) Shares sold or withheld | ||
Currency | USD | |
Price | 5.11 | |
Volume | 16,243 | |
Total | 83,001.73 | |
d) | Aggregated information | |
Price | 5.11 | |
Volume | 132,257 | |
Total | 675,833.27 | |
e) | Date of the transactions | 31 January 2020 |
f) | Place of the transaction | NYSE |