Kosmos Energy Ltd. — Director's Dealing 2022

Feb 3, 2022

National Storage Mechanism | Additional information

RNS Number : 5389A

Kosmos Energy Limited

03 February 2022

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 2022

The following Persons Discharging Managerial Responsibilities ("PDMRs") have had changes in their shareholdings of Common Stock 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 2022	127,194	135,300	80,722
Richard R. Clark	31 January 2022	127,194	92,070	77,690
Jason E. Doughty	31 January 2022	91,796	92,070	57,065
Ronald W. Glass	31 January 2022	5,769	40,000	8,246
Andrew G. Inglis	31 January 2022	250,209	264,000	154,839
Neal D. Shah	31 January 2022	75,775	148,500	29,818

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.

Josh R. Marion

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 Stock, par value $0.01 per share
b)	Nature of the transactions	(1)  127,194 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2)  135,300 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  80,722 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 Plan.
(3)   Shares Granted or Vested
c)	Currency	USD
Price	4.33
Volume	262,494
Total	1,136,599.02
(4)   Shares sold or withheld
	Currency	USD
Price	4.33
Volume	80,722
Total	349,526.26
d)	Aggregated information
Price	4.33
Volume	181,772
Total	787,072.76
e)	Date of the transactions	31 January 2022
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 Stock, par value $0.01 per share
b)	Nature of the transactions	(1)  127,194 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2)  92,070 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  77,690 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 Plan.
(3)   Shares Granted or Vested
c)	Currency	USD
Price	4.33
Volume	219,264
Total	949,413.12
(4)   Shares sold or withheld
	Currency	USD
Price	4.33
Volume	77,690
Total	336,397.70
d)	Aggregated information
Price	4.33
Volume	141,574
Total	613,015.42
e)	Date of the transactions	31 January 2022
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 Stock, par value $0.01 per share
b)	Nature of the transactions	(1)  91,796 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2)  92,070 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  57,065 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 Plan.
(3)   Shares Granted or Vested
c)	Currency	USD
Price	4.33
Volume	183,866
Total	796,139.78
(4)   Shares sold or withheld
	Currency	USD
Price	4.33
Volume	57,065
Total	247,091.45
d)	Aggregated information
Price	4.33
Volume	126,801
Total	549,048.33
e)	Date of the transactions	31 January 2022
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 Stock, par value $0.01 per share
b)	Nature of the transactions	(1)  5,769 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2)  40,000 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  8,246 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 Plan.
(3)   Shares Granted or Vested
c)	Currency	USD
Price	4.33
Volume	45,769
Total	198,179.77
(4)   Shares sold or withheld
	Currency	USD
Price	4.33
Volume	8,246
Total	35,705.18
d)	Aggregated information
Price	4.33
Volume	37,523
Total	162,474.59
e)	Date of the transactions	31 January 2022
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 Stock, par value $0.01 per share
b)	Nature of the transactions	(1)  250,209 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2)  264,000 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  154,839 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 Plan.
(3)   Shares Granted or Vested
c)	Currency	USD
Price	4.33
Volume	514,209
Total	2,226,524.97
(4)   Shares sold or withheld
	Currency	USD
Price	4.33
Volume	154,839
Total	670,452.87
d)	Aggregated information
Price	4.33
Volume	359,370
Total	1,556,072.10
e)	Date of the transactions	31 January 2022
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 Stock, par value $0.01 per share
b)	Nature of the transactions	(1)  75,775 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2019 under the Company's Long Term Incentive Plan (the "Plan") that vested based on the level of achievement of the applicable performance condition. (2)  148,500 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2023, 2024 and 2025, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  29,818 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 Plan.
(3)   Shares Granted or Vested
c)	Currency	USD
Price	4.33
Volume	224,275
Total	971,110.75
(4)   Shares sold or withheld
	Currency	USD
Price	4.33
Volume	29,818
Total	129,111.94
d)	Aggregated information
Price	4.33
Volume	194,457
Total	841,998.81
e)	Date of the transactions	31 January 2022
f)	Place of the transaction	NYSE

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