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Kosmos Energy Ltd - Director/PDMR Shareholding

02/05/20 07:00 GMT
RNS Number : 9814B
Kosmos Energy Limited
05 February 2020
 

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 2831
jbuckland@kosmosenergy.com

Rhys Williams
+1-214-445-9693
rwilliams@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

 

 

 

 

 


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