Director/PDMR Shareholding

RNS Number : 4998S

BP PLC

17 March 2016

 

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

BP Share Value Plan awards

BP p.l.c. was notified on 16 March 2016 that on 15 March 2016 the following senior executives (persons discharging managerial responsibility) acquired the number of Restricted Share Units equivalent to the number of ADSs (ISIN number US0556221044) shown opposite their names below at a price of $33.81 per ADS, under the BP Share Value Plan:

Mr R. Fryar	33,674
Mr A. Hopwood	32,432
Mr H.L. McKay	76,132

The numbers of Restricted Share Units granted under the BP Share Value Plan represent the number of BP ADSs awarded under the plan which may change at vesting following a three year performance period.  In addition, each senior executive will be entitled to additional ADSs representing the value of reinvested dividends on those ADSs which vest.

Deferred award (including matched shares)

Further to BP p.l.c.'s announcement on 5 February 2016, it was notified on 16 March 2016 that on 15 March 2016 Mr H. L. McKay (a person discharging managerial responsibility in BP p.l.c.) was awarded the following ADSs and Restricted Share Units under the BP Restricted Share Plan II at a price of $29.66 per ADS:

Mandatory award                    32,544

Voluntary award                      32,544

Matching RSU awards             65,088

Restricted Share Plan II awards

BP p.l.c. was notified on 16 March 2016 that on 15 March 2016 the following senior executive (a person discharging managerial responsibility) was awarded the number of ADSs (ISIN number US0556221044) at $29.39 per ADS in Restricted Share Units shown against his name under the BP Restricted Share Plan II. These awards of Restricted Share Units will vest over three and five year periods. The participant will be entitled to additional ADSs representing the value of reinvested dividends on those Restricted Share Units which vest.
Mr R. Fryar	Three year vesting Five year vesting	6,750 Restricted Share Units 6,750 Restricted Share Units

Annual Cash Bonus Deferral Plan

Further to BP p.l.c.'s announcement on 5 February 2016, it is confirmed that the following senior executives whose names are listed below (all persons discharging managerial responsibility in BP p.l.c.) who elected to participate in the BP Annual Cash Bonus Deferral Plan have acquired either the number of BP Ordinary Shares (ISIN number GB0007980591) at £3.32 per share or the number of ADSs (ISIN number US0556221044) at $29.66 per ADS shown against their respective names.  They have also acquired the number of Restricted Share Units shown against their respective names.  The Ordinary Shares, the ADSs and the Restricted Share Units are all subject to a three-year retention period and are expected to vest in early 2019.

Name of PDMR	Date of election	Number of Ordinary Shares	Number of Restricted Share Units
Mr R. Bondy	04 February 2016	45,816	86,446
Mr T. Erginbilgic	05 February 2016	63,087	104,450
Mr B. Looney	05 February 2016	42,229	79,679
Mr H. Schuster	04 February 2016	25,166	50,333
Mr D. Sanyal	05 February 2016	35,100	66,227
Name of PDMR	Date of election	Number of ADSs	Number of Restricted Share Units
Mr R. Fryar	04 February 2016	7,315	12,111

This notice is given in fulfilment of the obligations under DTR3.1.4 (1)(a)R.

 

END

 

 

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