Director/PDMR Shareholding

RNS Number : 7219E

GlaxoSmithKline PLC

14 May 2013

 



Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

I give below details of changes in interests in the Ordinary shares of GlaxoSmithKline plc in respect of the under-mentioned Director, Persons Discharging Managerial Responsibility (PDMRs) and their Connected Persons on 13 May 2013:-

Sir Andrew Witty	GSK Share Option Plan Exercise of option over 2,362 Ordinary shares, granted on 15 December 2003 under the GlaxoSmithKline Share Option Plan at a price of £12.70 per share, and sale of 1,791 Ordinary shares at a price of £16.806 per share to cover the costs of exercise. Exercise of option over 133,638 Ordinary shares, granted on 15 December 2003 under the GlaxoSmithKline Share Option Plan at a price of £12.70 per share, and sale of 116,660 Ordinary shares at a price of £16.806 per share to cover the costs of exercise. Sir Andrew has chosen to retain the balance of 17,549 Ordinary shares arising from this exercise of these options. GSK Deferred Annual Bonus Plan Exercise of a nil priced option over 28,429 shares and 8,529 shares granted on 22 February 2010, both of which vested on 1 March 2013 under the GlaxoSmithKline Deferred Annual Bonus Plan. GlaxoSmithKline delivered the net of tax value in shares being 19,587. Following these transactions the requirement for Sir Andrew Witty to hold shares to the value of 4 times his salary has been achieved by 230%.
Mr S M Bicknell	Exercise of option over 30,000 Ordinary shares, granted on 28 October 2003 under the GlaxoSmithKline Share Option Plan at a price of £12.68 per share, and sale of 30,000 Ordinary shares at a price of £16.870 per share.
Mr D S Redfern	Exercise of option over 45,000 Ordinary shares, granted on 28 October 2003 under the GlaxoSmithKline Share Option Plan at a price of £12.68 per share, and sale of 45,000 Ordinary shares at a price of £16.890 per share. Exercise of option over 20,180 Ordinary shares, granted on 2 December 2004 under the GlaxoSmithKline Share Option Plan at a price of £11.23 per share, and sale of 20,180 Ordinary shares at a price of £16.891 per share.
Ms C Thomas	Exercise of option over 45,000 Ordinary shares, granted on 28 October 2003 under the GlaxoSmithKline Share Option Plan at a price of £12.68 per share, and sale of 45,000 Ordinary shares at a price of £16.879 per share. Exercise of option over 20,180 Ordinary shares, granted on 2 December 2004 under the GlaxoSmithKline Share Option Plan at a price of £11.23 per share, and sale of 20,180 Ordinary shares at a price of £16.888 per share.
Dr P J T Vallance	Exercise of option over 2,009 Ordinary shares, granted on 28 July 2006 under the GlaxoSmithKline Share Option Plan at a price of £14.93 per share, and sale of 2,009 Ordinary shares at a price of £16.840 per share. Exercise of option over 60,871 Ordinary shares granted on 28 July 2006 under the GlaxoSmithKline Share Option Plan at a price of £14.93 per share, and sale of 60,871 Ordinary shares at a price of £16.806 per share. Exercise of option over 94,320 Ordinary shares granted on 20 February 2007 under the GlaxoSmithKline Share Option Plan at a price of £14.88 per share, and sale of 94,320 Ordinary shares at a price of £16.770 per share. Exercise of option over 94,320 Ordinary shares, granted on 19 February 2008 under the GlaxoSmithKline Share Option Plan at a price of £11.47 per share, and sale of 94,320 Ordinary shares at a price of £16.803 per share. Exercise of option over 94,320 Ordinary shares, granted on 17 February 2009 under the GlaxoSmithKline Share Option Plan at a price of £11.77 per share, and sale of 94,320 Ordinary shares at a price of £16.809 per share. Exercise of option over 94,320 Ordinary shares, granted on 22 February 2010 under the GlaxoSmithKline Share Option Plan at a price of £12.035 per share, and sale of 94,320 Ordinary shares at a price of £16.822 per share.
Mrs V A Whyte	Exercise of option over 7,800 Ordinary shares, granted on 28 October 2003 under the GlaxoSmithKline Share Option Plan at a price of £12.68 per share, and sale of 7,800 Ordinary shares at a price of £16.885 per share.

The Company and the above-mentioned Director and PDMRs were advised of these transactions on 14 May 2013.

This notification relates to a transaction notified in accordance with Disclosure Rule 3.1.4R(1)(a).

V A Whyte

Company Secretary

14 May 2013

 

END

 

 

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