Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons
GlaxoSmithKline Performance Share Plan
Sale of shares to meet tax liabilities
The table below sets out changes in the interests of a Director's Connected Person in the American Depositary Shares ('ADS') of GlaxoSmithKline plc arising from the withholding of ADS at a fair market value price of $47.82 per ADS on 5 March 2015 to meet tax liabilities following the vesting of an award granted in 2012 under the GlaxoSmithKline 2009 Performance Share Plan (PSP).
Name of Director |
Name of Connected Person |
Number of ADSs withheld to meet tax liabilities following the vesting of a PSP award |
Dr M Slaoui
|
Mrs K Slaoui |
266 |
The Company and the above individual were advised of this transaction on 9 March 2015.
This notification relates to a transaction notified in accordance with Disclosure and Transparency Rule 3.1.4R(1)(c).
V A Whyte
Company Secretary
9 March 2015