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Kosmos Energy Ltd. Director's Dealing 2021
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Director's Dealing
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National Storage Mechanism | Additional information 
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
Media Relations
Thomas Golembeski
+1-214-445-9674
| 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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