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Kosmos Energy Ltd - Director/PDMR Shareholding

01/07/21 07:00 GMT
RNS Number : 8943K
Kosmos Energy Limited
07 January 2021
 

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

07 January 2021

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

4 January 2021

54,576

0

28,132

Jason E. Doughty

4 January 2021

50,686

0

30,191

Ronald W. Glass

4 January 2021

5,540

0

4,127

Andrew G. Inglis

4 January 2021

143,837

0

75,919

Neal D. Shah

4 January 2021

44,910

0

25,881

 

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


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)  54,576 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2018 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)  28,132 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.

Shares vested

c)

Currency

USD

Price

2.36

Volume

54,576

Total

128,799.36

Shares sold or withheld


Currency

USD

Price

2.36

Volume

28,132

Total

66,391.52

d)

Aggregated information 


Price

2.36

Volume

26,444

Total

62,407.84

e)

Date of the transactions

4 January 2021

f)

Place of the transaction

NYSE

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Jason E. Doughty

b)

Position / status

Senior Vice President, 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)  50,686 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2018 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)  30,191 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.

 Shares Vested

c)

Currency

USD

Price

2.36

Volume

50,686

Total

119,618.96

Shares sold or withheld


Currency

USD

Price

2.36

Volume

30,191

Total

71,250.76

d)

Aggregated information 


Price

2.36

Volume

20,495

Total

48,368.20

e)

Date of the transactions

4 January 2021

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)  5,540 shares issued on settlement of restricted share units granted to the reporting person on 22 January 2018 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)  4,127 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.

Shares vested

c)

Currency

USD

Price

2.36

Volume

5,540

Total

13,074.40

Shares sold or withheld


Currency

USD

Price

2.36

Volume

4,127

Total

9,739.72

d)

Aggregated information 


Price

2.36

Volume

1,413

Total

3,334.68

e)

Date of the transactions

4 January 2021

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)  143,837 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2018 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)  75,919 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.

Shares vested

c)

Currency

USD

Price

2.36

Volume

143,837

Total

339,455.32

Shares sold or withheld


Currency

USD

Price

2.36

Volume

75,919

Total

179,168.84

d)

Aggregated information 


Price

2.36

Volume

67,918

Total

160,286.48

e)

Date of the transactions

4 January 2021

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 Shares, par value $0.01 per share

b)

Nature of the transactions

(1)  44,910 shares issued on settlement of restricted share units granted to the reporting person on 22 January 2018 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)  25,881 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.

Shares vested

c)

Currency

USD

Price

2.36

Volume

44,910

Total

105,987.60

Shares sold or withheld


Currency

USD

Price

2.36

Volume

25,881

Total

61,079.16

d)

Aggregated information 


Price

2.36

Volume

19,029

Total

44,908.44

e)

Date of the transactions

4 January 2021

f)

Place of the transaction

NYSE

 

 

 

 

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