SDRL - Share incentive program 2010

SDRL - Share incentive program 2010

ID: 48844

(Thomson Reuters ONE) -




Hamilton, Bermuda, November 16, 2010 - The Board of Seadrill Limited has
approved a share incentive program allocating 1,700,000 options to senior
management in the Company to acquire shares in Seadrill Limited. The share
options were granted on November 16 and have a strike price of NOK 185.20 per
share. The purpose of the share ownership plan is to promote long-term
employment and the term of the options are therefore 5 years. The options will
vest 1/5 each year during the option period which will expire December
31, 2015.  220,000 of these options are granted to primary insiders.


The following Primary Insiders have received share options:

Alf C Thorkildsen      100,000
Esa Ikäheimonen        60,000
Per Wullf                       60,000

New total holdings for the same Primary Insiders are:

                                    Shares                        Share options
Alf C Thorkildsen         20,000                                 700,000
Esa Ikäheimonen                  0                                  210,000
Per Wullf
0                                 210,000





This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1463195]








This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and




originality of the information contained therein.

Source: Seadrill Limited via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 17.11.2010 - 08:27 Uhr
Sprache: Deutsch
News-ID 48844
Anzahl Zeichen: 1986

contact information:
Town:

Hamilton



Kategorie:

Business News



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"SDRL - Share incentive program 2010"
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