Remuneration Information • Jul 12, 2023
Remuneration Information
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Oslo, July 12, 2023: Pursuant to the Market Abuse Regulation article 19, Nordic Semiconductor ASA (the "Company") hereby notify receipt of information of the following transaction made by persons discharging managerial responsibilities in the Company (the "Reporting Person") and persons closely associated with them (the "Closely Associated Persons") in the Company's shares and other financial instruments linked thereto
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Pål Elstad | |
| 2 | Reason for the notification | ||
| a) | Position/status | CFO | |
| b) | Initial notification / Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) | Name | Nordic Semiconductor ASA | |
| b) | LEI | 5967007LIEEXZXJGFK95 | |
| 4 | Details of the transaction(s): section to the 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 |
Restricted Share Units | |
| Identification code | NO0003055501 NORDIC SEMICONDUCTOR ASA | ||
| b) | Nature of the transaction | Grant of Restricted Share Units (RSUs) and Performance Shares (PSUs) in connections with long term incentive plan. The RSUs and PSUs will vest after three years and the shares will be delivered to the employee at the vesting date against payment of the par value of the share (subject to the employee's continued employment with the Company). The performance shares are issued conditional upon the achievement of a certain set of objectives |
|
| c) | Price(s) and volume(s) | Price(s): | Volume(s): |
| 0 | 9,040 | ||
| d) | Aggregated information | ||
| - Aggregated volume |
A total of 4,520 RSUs and 4,520 PSUs received. | ||
| - Price |
The number of RSUs and PSUs allocated is based upon the weighted average share price on July 11, 2023 of NOK 129.9. |
| e) | Date of the transaction | 2023-07-12; 09:00 (CEST) |
|---|---|---|
| f) | Place of the transaction | Outside Market |
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