9th Apr 2009 14:12
BP p.l.c. was advised on 9 April 2009 by Computershare Plan Managers that, following an award under the BP Competitive Performance Plan, the following senior executives (persons discharging managerial responsibility) acquired the number of BP Restricted Share Units shown opposite their names on 17 March 2009:
Mr R Bondy 30,000
Ms V Cox 30,000
Mr J Mogford 30,000
Mr S Westwell 30,000
The numbers of Restricted Share Units granted under the BP Competitive Performance Plan represent the maximum number of BP Ordinary Shares (ISIN number GB0007980591) that will vest following a three year performance period. In addition, each senior executive will be entitled to additional shares representing the value of reinvested dividends on those shares which vest.
BP p.l.c. was further informed that, following an award under the BP Executive Performance Plan, the following senior executives (persons discharging managerial responsibility) acquired the number of BP Restricted Share Units shown opposite their names 17 March 2009:
Mr R Bondy 45,000
Ms V Cox 30,000
Mr J Mogford 75,000
Mr S Westwell 60,000
The numbers of Restricted Share Units granted under the BP Executive Performance Plan represent the number of shares that will vest following a three year retention period. In addition, each senior executive will be entitled to additional shares representing the value of reinvested dividends on those shares which vest.
In addition, the following were also granted the number of Restricted Share Units shown opposite their names under the BP Deferred Annual Bonus Plan on 17 March 2009:
Mr R Bondy 115,980
Ms V Cox 68,196
Mr J Mogford 125,258
Mr S Westwell 71,444
The numbers of Restricted Share Units granted under the BP Deferred Annual Bonus Plan represent the number of shares that will vest following a three year retention period. In addition, each senior executive will be entitled to additional shares representing the value of reinvested dividends on those shares which vest.
This notice is given in fulfilment of the obligations under DTR3.1.4 (1)(a)R.
Related Shares:
BP