BP p.l.c. announces that on 14 March 2011, following awards under the BP Competitive Performance Plan, the BP Deferred Annual Bonus Plan and the BP Executive Performance Plan the following senior executives (persons discharging managerial responsibility) acquired the number of BP Restricted Share Units shown opposite their names:
Ordinary shares (ISIN number GB0007980591)
|
Competitive Performance Plan |
Deferred Annual Bonus Plan |
Executive Performance Plan |
Mr R. Bondy |
30,000 |
88,883 |
90,000 |
Dr M. Daly |
30,000 |
15,590 |
67,500 |
Mr B. Looney |
30,000 |
13,911 |
112,500 |
Dr H. Schuster |
30,000 |
35,312 |
90,000 |
Mr S. Westwell |
30,000 |
45,712 |
67,000 |
ADSs (ISIN number US0556221044)
1 ADS is equivalent to 6 Ordinary shares
|
Competitive Performance Plan |
Deferred Annual Bonus Plan |
Executive Performance Plan |
Mr M. Bly |
5,000 |
5,695 |
15,000 |
Mr R. Fryar |
5,000 |
2,268 |
15,000 |
Mr A. Hopwood |
5,000 |
2,701 |
15,000 |
Mr H. L. McKay |
5,000 |
12,450 |
15,000 |
The numbers of Restricted Share Units granted under the BP Competitive Performance Plan, BP Deferred Annual Bonus Plan and Executive Performance Plan represent the maximum number of BP Ordinary shares or BP ADSs that will vest under each plan following a three year performance period. In addition, each senior executive will be entitled to additional shares or ADSs representing the value of reinvested dividends on those shares or ADSs which vest.
This notice is given in fulfilment of the obligations under DTR3.1.4 (1)(a)R.