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BAE Systems PLC Director's Dealing 2022
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 8032F
BAE SYSTEMS PLC
23 March 2022
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Glynn Philips
2
Reason for the notification
a)
Position/status
Group Managing Director Maritime and Land
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
4
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, type of instrument
Identification code
Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Exercise of 15,664 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 4,765 shares, including those sold to satisfy income tax and NIC liabilities.
c)
Price(s) and volume(s)
| Acquisition of shares on exercise of share option | £4.405 | 15,664 |
| Shares retained to settle the cost of exercise | £7.260 | 9,505 |
| Sale of shares, including those sold to satisfy income tax and NIC liability | £7.260 | 4,765 |
| Shares retained | 1,394 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 15,664
Price GBP: £68,999.92
Shares retained to settle the cost of exercise
Volume: 9,505
Price GBP: £69,006.30
Shares sold, including those sold to satisfy income tax and NIC liability
Volume: 4,765
Price GBP: £34,593.90
e)
Date of the transaction
2022-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Glynn Philips
2
Reason for the notification
a)
Position/status
Group Managing Director Maritime and Land
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
4
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, type of instrument
Identification code
Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Exercise of 6,576 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 4,839 shares, including those sold to satisfy income tax and NIC liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share option | Nil | 6,576 |
| Sale of shares, including those sold to satisfy income tax and NIC liability | £7.260 | 4,839 |
| Shares retained | 1,737 |
d)
Aggregated information
- Aggregated volume
- Price
| Exercise Volume: 6,576 Price GBP: nil |
| Shares sold, including those sold to satisfy income tax Volume: 4,839 Price GBP: £35,131.14 |
e)
Date of the transaction
2022-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Thomas Arseneault
2
Reason for the notification
a)
Position/status
President & CEO of BAE Systems, Inc
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
4
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, type of instrument
Identification code
Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Acquisition of 77,240 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 34,923 shares to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on release of share awards | Nil | 77,240 |
| Sale of shares, including those sold to satisfy tax liabilities | £7.240 | 34,923 |
| Shares retained | 42,317 |
d)
Aggregated information
- Aggregated volume
- Price
Acquired
Volume: 77,240
Price GBP: nil
Shares sold sold to satisfy tax liabilities
Volume: 34,923
Price GBP: £252,848.28
e)
Date of the transaction
2022-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Thomas Arseneault
2
Reason for the notification
a)
Position/status
President & CEO of BAE Systems, Inc
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
4
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, type of instrument
Identification code
Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Acquisition of 98,270 restricted shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 44,431 shares to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Acquisition of shares on release of share awards | Nil | 98,270 |
| Sale of shares, to satisfy tax liabilities | £7.240 | 44,431 |
| Shares retained | 53,839 |
d)
Aggregated information
- Aggregated volume
- Price
Acquired
Volume: 98,270
Price GBP: nil
Shares sold to satisfy tax liabilities
Volume: 44,431
Price GBP: £321,687.77
e)
Date of the transaction
2022-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Julian Cracknell
2
Reason for the notification
a)
Position/status
Chief Technology & Information Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
4
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, type of instrument
Identification code
Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Exercise of 67,113 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 10,650 shares to satisfy income tax and NIC liabilities.
c)
Price(s) and volume(s)
| Acquisition of shares on exercise of share option | £4.850 | 67,113 |
| Shares retained to settle the cost of exercise | £7.354 | 44,262 |
| Sale of shares to satisfy income tax and NIC liability | £7.354 | 10,650 |
| Shares retained | 12,201 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 67,113
Price GBP: £325,498.05
Shares retained to settle the cost of exercise
Volume: 44,262
Price GBP: £325,502.75
Shares sold to satisfy income tax and NIC liability
Volume: 10,650
Price GBP: £78,320.10
e)
Date of the transaction
2022-03-22
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Julian Cracknell
2
Reason for the notification
a)
Position/status
Chief Technology & Information Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
4
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, type of instrument
Identification code
Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Exercise of 22,773 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 10,614 shares to satisfy income tax and NIC liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share option | Nil | 22,773 |
| Sale of shares to satisfy income tax and NIC liability | £7.354 | 10,614 |
| Shares retained | 12,159 |
d)
Aggregated information
- Aggregated volume
- Price
| Exercise Volume: 22,773 Price GBP: nil |
| Shares sold to satisfy income tax Volume: 10,614 Price GBP: £78,055.36 |
e)
Date of the transaction
2022-03-22
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
David Armstrong
2
Reason for the notification
a)
Position/status
Group Managing Director, Digital Intelligence
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
4
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, type of instrument
Identification code
Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Exercise of 23,861 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 11,243 shares to satisfy income tax and NIC liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share option | Nil | 23,861 |
| Sale of shares to satisfy income tax and NIC liability | £7.344 | 11,243 |
| Shares retained | 12,618 |
d)
Aggregated information
- Aggregated volume
- Price
| Exercise Volume: 23,861 Price GBP: nil |
| Shares sold to satisfy income tax Volume: 11,243 Price GBP: £82,568.59 |
e)
Date of the transaction
2022-03-22
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Dr Charles Woodburn
2
Reason for the notification
a)
Position/status
Chief Executive and Director
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
4
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, type of instrument
Identification code
Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Exercise of 53,515 performance shars under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 25,216 shares to satisfy income tax and NIC liability.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share option | Nil | 53,515 |
| Sale of shares to satisfy income tax and NIC liability | £7.34 | 25,216 |
| Shares retained | 28,299 |
d)
Aggregated information
- Aggregated volume
- Price
| Exercise Volume: 53,515 Price GBP: nil |
| Shares sold to satisfy income tax Volume: 25,216 Price GBP: £185,085.44 |
e)
Date of the transaction
2022-03-22
f)
Place of the transaction
XLON - London Stock Exchange
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