22nd May 2014 16:04
LONDON (Alliance News) - Meggitt PLC Thursday said Peter Huber, a divisonal president, exercised a stock-settled share appreciation right under the Executive Share Option Scheme and sold all of the resulting shares Wednesday.
Details are as follows.
Date of grant | Award price | Number of SARS | Exercise price | Shares to satisfy the award | Shares sold at £4.7005 |
02.03.11 | £3.517 | 76,957 | £4.653 | 18,788 | 18,788 |
The company also said Lorraine Rienecke, a divisional vice president, exercised options under the Equity Participation Plan and sold some of the resulting shares:
Scheme | Type of award | Grant Date | Number of Shares Exercised | Total Shares sold at £4.7005 | Shares retained |
EPP | Basic Award | 05/08/2009 | 14,854 | 10,939 | 3,915 |
EPP | Matching Award | 12/08/2009 | 27,175 | 20,012 | 7,163 |
EPP | Basic Award | 21/04/2011 | 38,288 | 28,196 | 10,092 |
EPP | Matching Award | 21/04/2011 | 24,333 | 17,920 | 6,413 |
Rienecker exercised stock-settled SARs under the Executive Share Option Scheme and sold some of the resulting shares:
Date of grant | Award price | Number of SARS | Exercise price* | Shares to satisfy the award | Shares sold at £4.7005 | Shares retained |
02.03.11 | £3.517 | 63,531 | £4.653 | 15,510 | 11,422 | 4,088 |
Shares in the airecraft parts maker closed up 0.2% at 471.00 pence Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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