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BAE Systems PLC
Remuneration Information • Apr 5, 2022
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 3534H
BAE SYSTEMS PLC
05 April 2022
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
Award of Free Shares under the BAE Systems Share Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Simon Barnes
2
Reason for the notification
a)
Position/status
Managing Director, BAE Systems Saudi Arabia
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
Award of Free Shares under the BAE Systems International Share Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Simon Barnes
2
Reason for the notification
a)
Position/status
Managing Director, BAE Systems Saudi Arabia
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 3,668 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale 2,701 shares, including those to satisfy income tax and NIC liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share option | Nil | 3,668 |
| Sale of shares, including those sold to satisfy income tax and NIC liability | £7.108 | 2,701 |
| Shares retained | 967 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 3,668
Price GBP: nil
Shares sold (including those sold to satisfy income tax and NIC liability)
Volume: 2,701
Price GBP: £19,198.71
e)
Date of the transaction
2022-04-01
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Simon Barnes
2
Reason for the notification
a)
Position/status
Managing Director, BAE Systems Saudi Arabia
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 13,402 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,132 shares, including those to satisfy income tax and NIC liabilities.
c)
Price(s) and volume(s)
| Acquisition of shares on exercise of share option | £4.85 | 13,402 |
| Shares retained to settle the cost of exercise | £7.108 | 9,145 |
| Sale of shares, including those sold to satisfy income tax and NIC liability | £7.108 | 3,132 |
| Shares retained | 1,125 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 13,402
Price GBP: £64,999.70
Shares retained to settle the cost of exercise
Volume: 9,145
Price GBP: £65,002.66
Shares sold (including those sold to satisfy income tax and NIC liability)
Volume: 3,132
Price GBP: £22,262.26
e)
Date of the transaction
2022-04-01
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Philip Bramwell
2
Reason for the notification
a)
Position/status
Group General Counsel
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 243,456 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 26,379 shares to satisfy income tax and NIC liabilities.
c)
Price(s) and volume(s)
| Acquisition of shares on exercise of share option | £4.85 £6.49 |
144,464 98,992 |
| Shares retained to settle the cost of exercise | £7.165 | 187,474 |
| Sale of shares to satisfy income tax and NIC liability | £7.165 | 26,379 |
| Shares retained | 29,603 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 243,456
Price GBP: £1,343,108.48
Shares retained to settle the cost of exercise
Volume: 187,474
Price GBP: £1,343,117.23
Shares sold to satisfy income tax and NIC liability
Volume: 26,379
Price GBP: £188,991.18
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Philip Bramwell
2
Reason for the notification
a)
Position/status
Group General Counsel
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 67,411 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale 31,763 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 | 67,411 |
| Sale of shares to satisfy income tax and NIC liability | £7.165 | 31,763 |
| Shares retained | 35,648 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 67,411
Price GBP: nil
Shares sold to satisfy income tax and NIC liability
Volume: 31,763
Price GBP: £227,567.51
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Philip Bramwell
2
Reason for the notification
a)
Position/status
Group General Counsel
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
Award of Free Shares under the BAE Systems Share Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gabrielle Costigan
2
Reason for the notification
a)
Position/status
Group Managing Director, Business Development
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
Award of Free Shares under the BAE Systems International Profit Sharing Scheme
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
22-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
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
Award of Free Shares under the BAE Systems Share Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Bradley Greve
2
Reason for the notification
a)
Position/status
Group Finance 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
Award of Free Shares under the BAE Systems Share Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Karin Hoeing
2
Reason for the notification
a)
Position/status
Group ESG, Culture & Business Transformation 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
Award of Free Shares under the BAE Systems Share Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Benjamin Hudson
2
Reason for the notification
a)
Position/status
Chief Technology 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
Award of Free Shares under the BAE Systems International Profit Sharing Scheme
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Glynn Phillips
2
Reason for the notification
a)
Position/status
Group Managing Director Maritime and Land UK
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
Award of Free Shares under the BAE Systems Share Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mark Phillips
2
Reason for the notification
a)
Position/status
Group Communications 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
Award of Free Shares under the BAE Systems Share Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Clifford Robson
2
Reason for the notification
a)
Position/status
Group Managing Director, Air
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
Award of Free Shares under the BAE Systems Share Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
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
Award of Free Shares under the BAE Systems Share Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 84 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 84 shares
£00.00
e)
Date of the transaction
2022-03-31
f)
Place of the transaction
Outside of a trading venue (sourced from Treasury shares)
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