10 Feb 2016 15:07
BP p.l.c.
Notification of transactions of persons discharging managerial responsibility
The Company announces that on 9 February 2016, the following vesting of shares previously awarded were made to the following Executive Directors of BP p.l.c. under the BP Executive Directors' Incentive Plan (the "Plan"), under the deferred matching element.
The Deferred Matching Vesting 2012:
Vested amount | Shares sold for tax and expenses | Released amount | ||
Mr R W Dudley ADSs | 89,904 | 42,340 | 47,564 | |
Dr B Gilvary ordinary shares | 380,905 | 179,385 | 201,520
|
This is the vesting and release of the deferred and matched shares awarded in 2013 in respect of the 2012 bonus and includes dividends accrued on the award. These share awards were subject to a review of safety and environmental performance over the three year period from 2013 to 2015.
This notice is given in fulfillment of the obligation under DTR3.1.4 (1)(a)R.
BP (BP.)