SDRL - Share incentive program 2011
(Thomson Reuters ONE) -
Hamilton, Bermuda, December 6, 2011 - As mentioned in the Third quarter 2011
report, 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 purpose of the share ownership plan is to
promote long-term employment and the term of the options is therefore 5 years
with ¼ vesting after 18, 36, 48 and 60 months. The strike price has been set at
NOK202.1 per share, which was the average volume weighted share price for the
last three trading days on the Oslo Stock Exchange.
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 20,000 525,000
Esa Ikäheimonen 0 220,000
Per Wullf 0 220,000
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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
[HUG#1569371]
Unternehmensinformation / Kurzprofil:
Datum: 06.12.2011 - 08:46 Uhr
Sprache: Deutsch
News-ID 94259
Anzahl Zeichen: 2022
contact information:
Town:
Hamilton
Kategorie:
Business News
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