Director/PDMR Shareholding

RNS Number : 5142H

GlaxoSmithKline PLC

22 February 2010

 



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

 

END

 

 

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