Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons
Vesting of Conditional Share Awards under the
GlaxoSmithKline Performance Share Plan
This notification sets out the vesting of an award over Ordinary Shares in GlaxoSmithKline plc, made in 2012 to a connected person of a Person Discharging Managerial Responsibility (PDMR) under the GlaxoSmithKline 2009 Performance Share Plan. The award was subject to relevant business performance conditions.
The three year performance period for the award commenced on 1 January 2012 and ended on 31 December 2014.
The table below shows the proportion of this Performance Share Plan conditional award that vested and lapsed on 12 February 2015.
Name of PDMR |
Name of Connected Person |
Number of Ordinary Shares Awarded |
Number of Ordinary Shares lapsed |
Mr P Thomson
|
Mrs K Thomson |
574
|
1,693 |
The Company and the above individual were advised of this transaction on 13 February 2015.
The closing share price of an Ordinary Share of GlaxoSmithKline plc at the point of vesting on 12 February 2015 was £14.855.
This notification relates to a transaction notified in accordance with Disclosure and Transparency Rule 3.1.4R(1)(c).
V A Whyte
Company Secretary
13 February 2015