13th Sep 2013 15:48
LONDON (Alliance News) - Unilever PLC said Friday chief executive officer Paul Polman, chief financial officer Jean-Marc Huët and a number of managers had bought shares under various incentive schemes by reinvesting dividends or dividend equivalents.
The transactions were mainly carried out Wednesday, at the closing London Stock Exchange price of 2,467 pence per share, or the New York Stock Exchange closing price of USD38.97 each.
The schemes involved were: the Unilever Global Share Incentive Plan 2007; the Unilever Management Co Investment Plan; the Senior Executive Retirement Arrangement; and the Unilever North America 2002 Omnibus Equity Compensation Plan's Global Share Incentive Program, Management Co-Investment Program and Before-Tax Share Bonus Program.
Details of the transactions are as follows.
Unilever Global Share Incentive Plan 2007 (GSIP)
Dividend equivalents earned on GSIP conditional target shares were reinvested as additional GSIP conditional shares, which will be subject to the same performance conditions as the underlying GSIP target shares. The transactions were as follows:
Doug Baillie, chief HR officer - 445 shares
Geneviève Berger, chief research and development officer - 387 shares
David Blanchard, chief category research and development officer - 243 shares
Kevin Havelock, president, refreshment - 336 shares
Jean-Marc Huët, chief financial officer - 959 shares
Kees Kruythoff, president, North America - 255 shares
Dave Lewis, president, personal care - 419 shares
Harish Manwani, chief operating officer - 476 shares
Paul Polman, chief executive officer - 1,381 shares
Antoine de Saint-Affrique, president, food - 288 shares
Pier Luigi Sigismondi, chief supply chain officer - 434 shares
Ritva Sotamaa, chief legal officer - 62 shares
Keith Weed, chief marketing and communication officer - 387 shares
Jan Zijderveld, president, Europe - 392 shares
Unilever also said that it was notified that dividend equivalents were reinvested on June 12 at the day's closing of 2,649 pence per share in respect of the following managers:
Dave Lewis, president, personal care - 48 shares
Keith Weed, chief marketing and communication officer - 48 shares
Unilever Management Co Investment Plan (MCIP)
Dividend equivalents earned on MCIP Match Shares were reinvested as additional MCIP Match Shares, which will be subject to the same performance conditions as the underlying MCIP Match Shares. The transactions were as follows:
Doug Baillie, chief HR officer - 196 shares
Geneviève Berger, chief research and development officer - 129 shares
David Blanchard, chief category research and development officer - 112 shares
Kevin Havelock, president, refreshment - 157 shares
Jean-Marc Huët, chief financial officer - 94 shares
Kees Kruythoff, president, North America - 75 shares
Dave Lewis, president, personal care - 187 shares
Harish Manwani, chief operating officer - 268 shares
Paul Polman, chief executive officer - 438 shares
Antoine de Saint-Affrique, president, food - 129 shares
Pier Luigi Sigismondi, chief supply chain officer - 181 shares
Keith Weed, chief marketing and communication officer - 190 shares
Jan Zijderveld, president, Europe - 202 shares
Dividends earned on MCIP Investment Shares were reinvested as follows:
David Blanchard, chief category research and development officer - 96 shares
Kevin Havelock, president, refreshment - 133 shares
Dave Lewis, president, personal care - 159 shares
Paul Polman, chief executive officer - 475 shares
Antoine de Saint-Affrique, president, food - 109 shares
Pier Luigi Sigismondi, chief supply chain officer - 155 shares
Keith Weed, chief marketing and communication officer - 161 shares
Jan Zijderveld, president, Europe - 172 shares
Unilever North America 2002 Omnibus Equity Compensation Plan
Dividend equivalents earned under the North America 2002 Omnibus Equity Compensation Plan were reinvested as additional shares under the plan.
Alan Jope, president, North Asia, received 406 American Depositary Receipts under the Global Share Incentive Program (GSIP), 136 ADRs under the Management Co-Investment Program (MCIP) and 43 ADRs under the Unilever Before-Tax Share Bonus Program.
All ADRs represent one ordinary share, and the new shares under the GSIP and MCIP are subject to the same performance conditions as the underlying target shares. Shares in the Share Bonus Program have no performance conditions associated with them and will be distributed in July of the calendar year after the year of retirement or termination.
Transactions were carried out in the USA.
Reinvestment of dividend on beneficially owned shares
Dividends were earned on shares beneficially owned, and reinvested as follows:
David Blanchard, chief category research and development officer - 49 shares
Kevin Havelock, president, refreshment - 107 shares
Dave Lewis, president, personal care - 473 shares
Paul Polman, chief executive officer - 2,068 shares
Antoine de Saint-Affrique, president, food - 217 shares
Pier Luigi Sigismondi, chief supply chain officer - 173 shares
Keith Weed, chief marketing and communication officer - 281 shares
Jan Zijderveld, president, Europe - 586 shares
Senior Executive Retirement Arrangement (SERA)
Dividends earned were reinvested as additional shares under the Senior Executive Retirement Arrangement (SERA) and reinvested as follows:
Kevin Havelock, president, refreshment - 276 shares
Keith Weed, chief marketing and communication officer - 468 shares
Share Incentive Plan
Unilever said that it had been notified that Pier Luigi Sigismondi, chief supply chain officer, had purchased five shares in the company Monday at a price of 2442 pence each under the company's Share Incentive Plan.
Shares in the company closed at 2,467.00 pence Friday, up 7p or 0.28%.
By Philip Nye; [email protected]
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