22nd Feb 2010 18:31
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility
Vesting of awards made under the GlaxoSmithKline's Share Value Plan in 2007
This notification is prepared in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a), sets out the vesting of Ordinary Shares made in 2007 under the GlaxoSmithKline Share Value Plan.
The three-year vesting period for the GlaxoSmithKline Share Value Plan awards made in 2007, which commenced on 1 January 2007, came to an end on 31 December 2009. The awards made to individuals who have subsequently been appointed Executive Directors and Corporate Executive Team members, who are all Persons Discharging Managerial Responsibility (PDMR), are given in the table below.
Following the vesting of this award the table below also gives details of the sale of Ordinary shares at a price of £12.03 per Ordinary share on 22 February 2010.
|
|
No. of Shares Vested |
No. of Shares Sold |
No. of Shares Retained
|
|
Mr S M Bicknell |
2,520 |
1,034 |
1,486 |
|
Mr E J Gray |
3,350 |
1,374 |
1,976 |
|
Mr D S Redfern |
3,350 |
1,374 |
1,976 |
|
Ms C Thomas |
2,520 |
1,034 |
1,486 |
The Company and PDMRs were advised of these transactions on 22 February 2010.
This notification relates to a transaction notified in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).
V A Whyte
Deputy Company Secretary
22 February 2010
Related Shares:
Glaxosmithkline