Last checked at 5 Feb 2019 07:00
Kosmos Energy Ltd (the "Company")PDMR Shareholding - Amendment
NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
5 February 2019
Due to an administrative error, the original Person Discharging Managerial Responsibilities ("PDMR") shareholding notifications filed on 7 January 2019 and 10 January 2019 reporting the number of shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to Brian F. Maxted and Eric J. Haas under the Company's Long Term Incentive Plan were stated incorrectly. The correct changes in the PDMR shareholdings are as follows:
PDMR | Date of transaction | No. of shares vested | No. of shares granted | No. of shares sold or withheld |
Eric J. Haas | 2 January 2019 | 0 | 0 | 20,477 |
Eric J. Haas | 4 January 2019 | 43,296 | 0 | 18,439 |
Brian F. Maxted | 2 January 2019 | 0 | 0 | 42,379 |
The Notification of Dealing Form for the 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. StephensAssistant Secretary
CONTACT:
Investor Relations
Jamie Buckland+1-469-475-2687jbuckland@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 | Eric J. Haas |
b) | Position / status | Senior Vice President, Production and Development |
c) | Initial notification / amendment | Amendment |
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 | 20,477 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. |
(1) Shares vested | ||
c) | Currency | USD |
Price | N/A | |
Volume | N/A | |
Total | N/A | |
(2) Shares sold or withheld | ||
Currency | USD | |
Price | 4.12 | |
Volume | 20,477 | |
Total | 84,365.24 | |
d) | Aggregated information | |
Price | 4.12 | |
Volume | 20,477 | |
Total | 84,365.24 | |
e) | Date of the transactions | 2 January 2019 |
f) | Place of the transaction | NYSE |
3. | 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) 43,296 shares issued on settlement of restricted share units granted to the reporting person on 22 January 2016 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition. (2) 18,439 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. |
(1) Shares vested | ||
c) | Currency | USD |
Price | 4.60 | |
Volume | 43,296 | |
Total | 199,161.60 | |
(2) Shares sold or withheld | ||
Currency | USD | |
Price | 4.60 | |
Volume | 18,439 | |
Total | 84,819.40 | |
d) | Aggregated information | |
Price | 4.60 | |
Volume | 24,857 | |
Total | 114,342.20 | |
e) | Date of the transactions | 4 January 2019 |
f) | Place of the transaction | NYSE |
1. | Details of PDMR / person closely associated with them ("PCA") | |
a) | Name | Brian F. Maxted |
b) | Position / status | Chief Exploration Officer |
c) | Initial notification / amendment | Amendment |
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 | 42,379 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. |
(1) Shares vested | ||
c) | Currency | USD |
Price | N/A | |
Volume | N/A | |
Total | N/A | |
(2) Shares sold or withheld | ||
Currency | USD | |
Price | 4.12 | |
Volume | 42,379 | |
Total | 174,601.48 | |
d) | Aggregated information | |
Price | 4.12 | |
Volume | 42,379 | |
Total | 174,601.48 | |
e) | Date of the transactions | 2 January 2019 |
f) | Place of the transaction | NYSE |