Kosmos Energy Ltd. — Director's Dealing 2021

Feb 3, 2021

National Storage Mechanism | Additional information

RNS Number : 8330N

Kosmos Energy Limited

03 February 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

03 February 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	31 January 2021	0	77,000	18,526
Richard R. Clark	31 January 2021	0	77,000	19,973
Jason E. Doughty	31 January 2021	0	55,353	13,682
Ronald W. Glass	31 January 2021	0	15,000	4,547
Andrew G. Inglis	31 January 2021	0	157,500	35,721
Neal D. Shah	31 January 2021	0	77,000	12,027

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

[email protected]

Media Relations

Thomas Golembeski

+1-214-445-9674

[email protected]

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)  77,000 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 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  18,526 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	2.28
Volume	77,000
Total	175,560.00
(4)   Shares sold or withheld
	Currency	USD
Price	2.28
Volume	18,526
Total	42,239.28
d)	Aggregated information
Price	2.28
Volume	58,474
Total	133,320.72
e)	Date of the transactions	31 January 2021
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)  77,000 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 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  19,973 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	2.28
Volume	77,000
Total	175,560.00
(4)   Shares sold or withheld
	Currency	USD
Price	2.28
Volume	19,973
Total	45,538.44
d)	Aggregated information
Price	2.28
Volume	57,027
Total	130,021.56
e)	Date of the transactions	31 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	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)  55,353 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 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  13,682 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	2.28
Volume	55,353
Total	126,204.84
(4)   Shares sold or withheld
	Currency	USD
Price	2.28
Volume	13,682
Total	31,194.96
d)	Aggregated information
Price	2.28
Volume	41,671
Total	95,009.88
e)	Date of the transactions	31 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)  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 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  4,547 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	2.28
Volume	15,000
Total	34,200.00
(4)   Shares sold or withheld
	Currency	USD
Price	2.28
Volume	4,547
Total	10,367.16
d)	Aggregated information
Price	2.28
Volume	10,453
Total	23,832.84
e)	Date of the transactions	31 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)  157,500 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 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  35,721 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	2.28
Volume	157,500
Total	359,100.00
(4)   Shares sold or withheld
	Currency	USD
Price	2.28
Volume	35,721
Total	81,443.88
d)	Aggregated information
Price	2.28
Volume	121,779
Total	277,656.12
e)	Date of the transactions	31 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)  77,000 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 2022, 2023 and 2024, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  12,027 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	2.28
Volume	77,000
Total	175,560.00
(4)   Shares sold or withheld
	Currency	USD
Price	2.28
Volume	12,027
Total	27,421.56
d)	Aggregated information
Price	2.28
Volume	64,973
Total	148,138.44
e)	Date of the transactions	31 January 2021
f)	Place of the transaction	NYSE

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHSSWSLDEFSEDE