Director/PDMR Shareholding

RNS Number : 7724X

GlaxoSmithKline PLC

20 February 2012

 



Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

Vesting of options granted under the GlaxoSmithKline Share Option Plan

This notification sets out the vesting of Ordinary Share options made in 2009 under the GlaxoSmithKline Share Option Plan.

The three-year vesting period for the GlaxoSmithKline Share Option Plan options granted in 2009, at an option price of £11.77 per Ordinary share, or US $33.42 in the case of American Depositary Shares (ADS), which commenced on 17 February 2009, came to an end on 16 February 2012. The whole of the option became exercisable on 17 February 2012. Details of those options held by the connected persons of Persons Discharging Managerial Responsibility (PDMR), are given in the table below.

Name of PDMR	Name of Connected person	Number of ADSs vested	Number of Ordinary shares vested
Mr P Thomson	Mrs K Thomson		1005
Dr M Slaoui*	Mrs K Slaoui	1100

* denotes an Executive Director

The Company and above named persons were advised of these transactions on 20 February 2012.

The closing middle market price of an Ordinary share of GlaxoSmithKline plc on 17 February 2012 was £14.14.

This notification relates to a transaction notified in accordance with Disclosure and Transparency Rule 3.1.4R(1)(c).

V A Whyte

Company Secretary

20 February 2012

 

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