Director/PDMR Shareholding

RNS Number : 9814B

Kosmos Energy Limited

05 February 2020

 

Kosmos Energy Ltd (the "Company")
PDMR Shareholding

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

05 February 2020

The following Persons Discharging Managerial Responsibilities ("PDMRs") have had changes in their shareholdings of Common Shares in the Company:

PDMR	Date of transaction	No. of shares vested	No. of shares granted	No. of shares sold or withheld
Christopher J. Ball	31 January 2020	0	73,125	9,592
Thomas P. Chambers	31 January 2020	0	0	9,592
Richard R. Clark	31 January 2020	0	73,125	9,105
Jason E. Doughty	31 January 2020	0	52,152	6,841
Ronald W. Glass	31 January 2020	0	15,000	2,040
Andrew G. Inglis	31 January 2020	0	148,500	16,243

The Notification of Dealing Form for each PDMR, which provides full details of the transactions outlined above, can be found below.

This notification is made in accordance with Article 19 of the EU Market Abuse Regulation.

Richard J. Stephens

Assistant Secretary

CONTACT:

Investor Relations

Jamie Buckland
[phone]
[e-mail]

Rhys Williams
[phone]
[e-mail]

Media Relations

Thomas Golembeski
[phone]
[e-mail]

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Christopher J. Ball
b)	Position / status	SVP and Chief Commercial Officer
c)	Initial notification / amendment	Initial notification
2.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Common Shares, par value $0.01 per share
b)	Nature of the transactions	(1)  73,125 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2021, 2022 and 2023, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  9,592 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3)   Shares vested
c)	Currency	USD
	Price	5.11
	Volume	73,125
	Total	373,668.75
(4)   Shares sold or withheld
	Currency	USD
	Price	5.11
	Volume	9,592
	Total	49,015.12
d)	Aggregated information
	Price	5.11
	Volume	63,533
	Total	324,653.63
e)	Date of the transactions	31 January 2020
f)	Place of the transaction	NYSE

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Thomas P. Chambers
b)	Position / status	Senior Vice President and Chief Financial Officer
c)	Initial notification / amendment	Initial notification
2.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Common Shares, par value $0.01 per share
b)	Nature of the transactions	9,592 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3)   Shares vested
c)	Currency	USD
	Price	NA
	Volume	NA
	Total	NA
(4)   Shares sold or withheld
	Currency	USD
	Price	5.11
	Volume	9,592
	Total	49,015.12
d)	Aggregated information
	Price	5.11
	Volume	9,592
	Total	49,015.12
e)	Date of the transactions	31 January 2020
f)	Place of the transaction	NYSE

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Richard R. Clark
b)	Position / status	SVP and President, Gulf of Mexico Business Unit
c)	Initial notification / amendment	Initial notification
2.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Common Shares, par value $0.01 per share
b)	Nature of the transactions	(1)  73,125 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2021, 2022 and 2023, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  9,105 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3)   Shares vested
c)	Currency	USD
	Price	5.11
	Volume	73,125
	Total	373,668.75
(4)   Shares sold or withheld
	Currency	USD
	Price	5.11
	Volume	9,105
	Total	46,526.55
d)	Aggregated information
	Price	5.11
	Volume	64,020
	Total	327,142.20
e)	Date of the transactions	31 January 2020
f)	Place of the transaction	NYSE

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Jason E. Doughty
b)	Position / status	SVP and General Counsel
c)	Initial notification / amendment	Initial notification
2.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Common Shares, par value $0.01 per share
b)	Nature of the transactions	(1)  52,152 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2021, 2022 and 2023, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  6,841 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3)   Shares vested
c)	Currency	USD
	Price	5.11
	Volume	52,152
	Total	266,496.72
(4)   Shares sold or withheld
	Currency	USD
	Price	5.11
	Volume	6,841
	Total	34,957.51
d)	Aggregated information
	Price	5.11
	Volume	45,311
	Total	231,539.21
e)	Date of the transactions	31 January 2020
f)	Place of the transaction	NYSE

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Ronald W. Glass
b)	Position / status	Vice President and Chief Accounting Officer
c)	Initial notification / amendment	Initial notification
2.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Common Shares, par value $0.01 per share
b)	Nature of the transactions	(1)  15,000 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2021, 2022 and 2023, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  2,040 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3)   Shares vested
c)	Currency	USD
	Price	5.11
	Volume	15,000
	Total	76,650.00
(4)   Shares sold or withheld
	Currency	USD
	Price	5.11
	Volume	2,040
	Total	10,424.40
d)	Aggregated information
	Price	5.11
	Volume	12,960
	Total	66,225.60
e)	Date of the transactions	31 January 2020
f)	Place of the transaction	NYSE

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Andrew G. Inglis
b)	Position / status	Chairman and Chief Executive Officer
c)	Initial notification / amendment	Initial notification
2.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Common Shares, par value $0.01 per share
b)	Nature of the transactions	(1)  148,500 restricted share units granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2021, 2022 and 2023, subject to the terms of the Plan and the applicable award agreement issued thereunder. (2)  16,243 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.
(3)   Shares vested
c)	Currency	USD
	Price	5.11
	Volume	148,500
	Total	758,835.00
(4)   Shares sold or withheld
	Currency	USD
	Price	5.11
	Volume	16,243
	Total	83,001.73
d)	Aggregated information
	Price	5.11
	Volume	132,257
	Total	675,833.27
e)	Date of the transactions	31 January 2020
f)	Place of the transaction	NYSE

 

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