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Subsea 7 — Director's Dealing 2016
Oct 5, 2016
6244_dirs_2016-10-05_d13f4fb5-3538-4d33-a83a-156582c9181c.html
Director's Dealing
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Subsea 7 S.A. Mandatory notification of trade
Subsea 7 S.A. Mandatory notification of trade
Luxembourg - 05 October 2016 - Subsea 7 S.A. (Oslo Børs
Børs: SUBC, ADR: SUBCY) announces mandatory notification of transactions by primary
notification of transactions by primary insiders:
PURCHASE OF SHARES
Name of Primary Insider
Jean Cahuzac
Position in Subsea 7 SA
Chief Executive Officer
Date of Transaction
03/10/2016
Type of Transaction
Vesting (award) of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares purchased
7,088
Price purchased at
87.68 NOK
SALE OF SHARES
Name of Primary Insider
Jean Cahuzac
Position in Subsea 7 SA
Chief Executive Officer
Date of Transaction
03/10/2016
Type of Transaction
Sale of Shares
to satisfy tax charge on vesting of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares sold
3,352
Price sold at
87.68 NOK
AFTER THIS NOTIFICATION
Name of Primary Insider
Jean Cahuzac
Number of Shares owned by Primary Insider
- Owned Shares: 96,302
- Performance Shares: 144,392
- Restricted Shares: Nil
Number of options available to Primary Insider
- Options: 100,000
-----------------------------------------------------
PURCHASE OF SHARES
Name of Primary Insider
John Evans
Position in Subsea 7 SA
Chief Operating Officer
Date of Transaction
03/10/2016
Type of Transaction
Vesting (award) of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares purchased
4,725
Price purchased at
87.68 NOK
SALE OF SHARES
Name of Primary Insider
John Evans
Position in Subsea 7 SA
Chief Operating Officer
Date of Transaction
03/10/2016
Type of Transaction
Sale of Shares
to satisfy tax charge on vesting of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares sold
2,235
Price sold at
87.68 NOK
AFTER THIS NOTIFICATION
Name of Primary Insider
John Evans
Number of Shares owned by Primary Insider
- Owned Shares:32,438
- Performance Shares:102,595
- Restricted Shares: Nil
Number of options available to Primary Insider
- Options: Nil
-----------------------------------------------------
PURCHASE OF SHARES
Name of Primary Insider
Keith Tipson
Position in Subsea 7 SA
Executive Vice President Human Resources
Date of Transaction
03/10/2016
Type of Transaction
Vesting (award) of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares purchased
2,717
Price purchased at
87.68 NOK
SALE OF SHARES
Name of Primary Insider
Keith Tipson
Position in Subsea 7 SA
Executive Vice President Human Resources
Date of Transaction
03/10/2016
Type of Transaction
Sale of Shares
to satisfy tax charge on vesting of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares sold
1,285
Price sold at
87.68 NOK
AFTER THIS NOTIFICATION
Name of Primary Insider
Keith Tipson
Number of Shares owned by Primary Insider
- Owned Shares: 23,363
- Performance Shares: 56,017
- Restricted Shares: Nil
Number of options available to Primary Insider
- Options: 39,500
----------------------------------------------------
PURCHASE OF SHARES
Name of Primary Insider
Nathalie Louys
Position in Subsea 7 SA
General Counsel
Date of Transaction
03/10/2016
Type of Transaction
Vesting (award) of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares purchased
2,480
Price purchased at
87.68 NOK
SALE OF SHARES
Name of Primary Insider
Nathalie Louys
Position in Subsea 7 SA
General Counsel
Date of Transaction
03/10/2016
Type of Transaction
Sale of Shares
to satisfy tax charge on vesting of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares sold
1,273
Price sold at
87.68 NOK
AFTER THIS NOTIFICATION
Name of Primary Insider
Nathalie Louys
Number of Shares owned by Primary Insider
- Owned Shares: 3,814
- Performance Shares: 49,038
- Restricted Shares: Nil
Number of options available to Primary Insider
- Options: 12,500
--------------------------------------------------
PURCHASE OF SHARES
Name of Primary Insider
Oeyvind Mikaelsen
Position in Subsea 7 SA
Executive Vice President Commercial
Date of Transaction
03/10/2016
Type of Transaction
Vesting (award) of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares purchased
4,134
Price purchased at
87.68 NOK
SALE OF SHARES
Name of Primary Insider
Oeyvind Mikaelsen
Position in Subsea 7 SA
Executive Vice President Commercial
Date of Transaction
03/10/2016
Type of Transaction
Sale of Shares
to satisfy tax charge on vesting of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares sold
1,939
Price sold at
87.68 NOK
AFTER THIS NOTIFICATION
Name of Primary Insider
Oeyvind Mikaelsen
Number of Shares owned by Primary Insider
- Owned Shares: 19,508
- Performance Shares: 86,396
- Restricted Shares: Nil
Number of options available to Primary Insider
- Options: 45,000
-----------------------------------------------------
PURCHASE OF SHARES
Name of Primary Insider
Ricardo Rosa
Position in Subsea 7 SA
Chief Financial Officer
Date of Transaction
03/10/2016
Type of Transaction
Vesting (award) of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares purchased
4,134
Price purchased at
87.68 NOK
SALE OF SHARES
Name of Primary Insider
Ricardo Rosa
Position in Subsea 7 SA
Chief Financial Officer
Date of Transaction
03/10/2016
Type of Transaction
Sale of Shares
to satisfy tax charge on vesting of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares sold
1,955
Price sold at
87.68 NOK
AFTER THIS NOTIFICATION
Name of Primary Insider
Ricardo Rosa
Number of Shares owned by Primary Insider
- Owned Shares: 2,179
- Performance Shares: 83,396
- Restricted Shares: Nil
Number of options available to Primary Insider
- Options: Nil
-----------------------------------------------------
PURCHASE OF SHARES
Name of Primary Insider
Steve Wisely
Position in Subsea 7 SA
Senior Vice President i-Tech Services
Date of Transaction
03/10/2016
Type of Transaction
Vesting (award) of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares purchased
3,544
Price purchased at
87.68 NOK
SALE OF SHARES
Name of Primary Insider
Steve Wisely
Position in Subsea 7 SA
Senior Vice President i-Tech Services
Date of Transaction
03/10/2016
Type of Transaction
Sale of Shares
to satisfy tax charge on vesting of performance shares
Type of Security traded
Subsea 7 S.A. Shares (SUBC)
Number of shares sold
1,676
Price sold at
87.68 NOK
AFTER THIS NOTIFICATION
Name of Primary Insider
Steve Wisely
Number of Shares owned by Primary Insider
- Owned Shares: 27,600
- Performance Shares: 71,196
- Restricted Shares: Nil
Number of options available to Primary Insider
- Options: Nil
Contact for investment community enquiries:
Isabel Green
Investor Relations Director
Tel +44 (0)20 8210 5568
www.subsea7.com