13th May 2011 16:58
13 May 2011
Inmarsat plc: Director and PDMR share dealing
Vesting of shares under Bonus Share Plan and Performance Share Plan
Awards over ordinary shares of €0.0005 in Inmarsat plc under the Bonus Share Plan were made to executive directors and executives who are classified as Persons Discharging Managerial Responsibility and three tranches have vested from awards made in March 2007 (following the monetary award made in March 2006), March 2008 (following the monetary award made in March 2007) and March 2009 (following the monetary award made in March 2008).
Awards over ordinary shares of €0.0005 in Inmarsat plc under the Performance Share Plan were made in March 2008 and the shares have vested in full following achievement of the performance conditions.
Neither of the share plans are HM Revenue & Customs approved plans and on vesting, income tax and social security deductions become payable by the individual. The share price at which shares were sold on 12 May 2011 was 609.02p per share.
Where shares have been retained they will be added to the existing number of ordinary shares for the relevant individual.
Name | Number of shares vesting including reinvested dividends | Number of shares sold on 12 May 2011 | Number of shares retained |
Alison Horrocks | 50,506 | 36,405 | 14,101 |
Eugene Jilg | 18,916 | 18,916 | - |
Debra Jones | 56,934 | 56,934 | - |
Rick Medlock* | 172,034 | 89,683 | 82,351 |
Perry Melton | 68,043 | 68,043 | - |
James Parm | 12,983 | 4,401 | 8,582 |
Rupert Pearce | 78,961 | 41,163 | 37,798 |
Andrew Sukawaty* | 194,166 | 101,220 | 92,946 |
*denotes executive director. All other executives are those who are considered to be Persons Discharging Managerial Responsibility.
Related Shares:
Inmarsat