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DIRECTOR DEALINGS: Smith & Nephew Executives Exercise Options

12th Mar 2014 12:15

LONDON (Alliance News) - Smith & Nephew PLC Wednesday said a group of executives, including Chief Executive Officer Oliver Bohuon, exercised options and sold shares at 929 pence each under the global share plan March 7 as part of a partial share vesting.

Details are follows.

Name of Director / PDMR

Number of Ordinary Shares acquired (iv)

Number of Ordinary Shares sold

Total Ordinary Shares / ADS' held following notification

Olivier Bohuon (iii)

27,971

6,246

132,963 Ordinary Shares

John Campo (iii)

8,826

4,414

112,043 Ordinary Shares (including 20,597 ADS')

Francisco Canal Vega(iii)

7,581

3,424

4,157 Ordinary Shares

Michael Frazzette (iii)

9,903

3,240

109,028 Ordinary Shares (including 20,473 ADS')

R. Gordon Howe

7,124

7,124

14,834 ADS'

Helen Maye

8,568

0

38,276 Ordinary Shares

Cyrille Petit (iii)

5,267

2,485

11,888 Ordinary Shares

Roger Teasdale (iii)

7,909

3,731

75,763 Ordinary Shares

 

* The awards were granted under the GSP 2010 on 7 March 2013. One third of the shares vested on 7 March 2014, one third of the shares will vest on 7 March 2015 and the final third will vest on 7 March 2016.



The company also said, a group of executives exercised options and sold shares that partially vested as part of equity incentive awards at 925.5 pence each March 8, which are outlined below.

Name of Director / PDMR

Number of Ordinary Shares acquired

Number of Ordinary Shares sold

Total Ordinary Shares / ADS' held following notification

Olivier Bohuon (iii)

30,482

6,806

156,639 Ordinary Shares

John Campo (iii)

8,581

4,291

116,333 Ordinary Shares (including 20,597 ADS')

Francisco Canal Vega (iii)

8,262

3,731

8,688 Ordinary Shares

Michael Frazzette (iii)

10,590

3,465

116,153 Ordinary Shares (including 20,473 ADS')

R. Gordon Howe

9,005

9,005

14,834 ADS'

Helen Maye

9,579

0

47,855 Ordinary Shares

Roger Teasdale (iii)

8,842

4,171

80,434 Ordinary Shares

 

* The awards were granted under the GSP 2010 on 8 March 2012. One third of the shares vested on 8 March 2013, a further third vested on 8 March 2014 and the final third will vest on 8 March 2015.

Shares were down 1.8% at 913.50 pence Wednesday midday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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