Director/PDMR Shareholding

RNS Number : 9200P

Unilever PLC

23 February 2016

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Unilever PLC was notified on 22 February 2016 that on 18 February 2016 the following awards under the Unilever Global Share Incentive Plan 2007 (GSIP) and the Unilever Management Co-Investment Plan (MCIP) vested based on the London Stock Exchange closing price of £30.255 on 18 February 2016, and on 23 February 2016 that on 22 February 2016 the following shares were received following the vest of awards under the Unilever North America 2002 Omnibus Equity Compensation Plan based on the New York Stock Exchange closing price of $43.65 on 22 February 2016.

Unilever Global Share Incentive Plan 2007 (GSIP) 

The following number of Unilever PLC Ordinary shares of 3 1/9p each have vested based on the February 2013 conditional rights awards pursuant to the Unilever Global Share Incentive Plan 2007:

Mr M Engel (PDMR) received 6,211 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 118% and including dividend reinvestment.

Mr K Havelock (PDMR) received 6,448 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 98% and including dividend reinvestment.

Mr G Pitkethly (PDMR) received 5,325 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 118% and including dividend reinvestment.

Ms R Sotamaa (PDMR) received 6,448 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 98% and including dividend reinvestment.

Share choice was offered which allows ULE members to choose, just before vesting, whether they want to receive net shares in the share types originally granted (Unilever N.V. (NV) and Unilever PLC (PLC)) or one share type only (NV or PLC).

The following 2 PDMRs elected to receive only PLC shares. To calculate the effect of 'share choice' on vesting, the total value for each award (both NV and PLC share types) is calculated using the performance factor and the closing share price on vesting, including dividend reinvestment accrued. The value of the share type not chosen (NV shares) is converted into the currency of the chosen share type (PLC shares), divided by the closing share price on vesting and this number of PLC shares is added to the original number of PLC shares that vested. Their original awards of NV shares are cancelled and reduced to nil.

Mr D Blanchard (PDMR) received 12,847 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 98% and including dividend reinvestment.

Mr K F Weed (PDMR) received 12,847 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 98% and including dividend reinvestment.

The following Director and 3 PDMRs elected to receive only NV shares. To calculate the effect of 'share choice' on vesting, the total value for each award (both NV and PLC share types) is calculated using the performance factor and the closing share price on vesting, including dividend reinvestment accrued. The value of the share type not chosen (PLC shares) is converted into the currency of the chosen share type (NV shares), divided by the closing share price on vesting and this number of NV shares is added to the original number of NV shares that vested.

Mr D Baillie (PDMR) original award of 5,932 PLC shares and the dividend reinvestment are cancelled and reduced to nil.

Mr N Paranjpe (PDMR) original award of 2,115 PLC shares and the dividend reinvestment are cancelled and reduced to nil.  

Mr P Polman (Director) original award of 39,698 PLC shares and the dividend reinvestment are cancelled and reduced to nil.

Mr J Zijderveld (PDMR) original award of 7,414 PLC shares and the dividend reinvestment are cancelled and reduced to nil.

Unilever Management Co-Investment Plan (MCIP)

The following number of Unilever PLC Ordinary shares of 3 1/9p each have vested based on the February 2013 conditional rights awards pursuant to the Unilever Global Management Co-Investment Plan:

Mr M Engel (PDMR) received 5,703 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 118% and including dividend reinvestment.

Mr K Havelock (PDMR) received 4,332 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 98% and including dividend reinvestment.

Mr G Pitkethly (PDMR) received 3,733 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 118% and including dividend reinvestment.

Share choice was offered which allows ULE members to choose, just before vesting, whether they want to receive net shares in the share types originally granted (NV and PLC) or one share type only (NV or PLC).

The following 2 PDMRs elected to receive only PLC shares. To calculate the effect of 'share choice' on vesting, the total value for each award (both NV and PLC share types) is calculated using the performance factor and the closing share price on vesting, including dividend reinvestment accrued. The value of the share type not chosen (NV shares) is converted into the currency of the chosen share type (PLC shares), divided by the closing share price on vesting and this number of PLC shares is added to the original number of PLC shares that vested. Their original awards of NV shares are cancelled and reduced to nil.

Mr D Blanchard (PDMR) received 6,521 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 98% and including dividend reinvestment.

Mr K F Weed (PDMR) received 9,588 Unilever PLC Ordinary shares of 3 1/9p each after using a performance factor of 98% and including dividend reinvestment.

The following Director and 2 PDMRs elected to receive only NV shares. To calculate the effect of 'share choice' on vesting, the total value for each award (both NV and PLC share types) is calculated using the performance factor and the closing share price on vesting, including dividend reinvestment accrued. The value of the share type not chosen (PLC shares) is converted into the currency of the chosen share type (NV shares), divided by the closing share price on vesting and this number of NV shares is added to the original number of NV shares that vested.

Mr D Baillie (PDMR) original award of 4,752 PLC shares and the dividend reinvestment are cancelled and reduced to nil.  

Mr P Polman (Director) original award of 22,999 PLC shares and the dividend reinvestment are cancelled and reduced to nil.

Mr J Zijderveld (PDMR) original award of 5,534 PLC shares and the dividend reinvestment are cancelled and reduced to nil.

The above transactions were carried out in the UK.

Unilever North America 2002 Omnibus Equity Compensation Plan 

The following number of Unilever PLC Ordinary shares of 3 1/9p each were awarded in February 2013 and the following number of Unilever PLC American Depositary Receipts (PLC ADRs) each representing 1 Ordinary 3 1/9 pence share have vested based on the February 2013 conditional rights awards pursuant to the Unilever Global Share Incentive Plan 2007:

Mr K Kruythoff (PDMR) elected to receive only NV shares. To calculate the effect of 'share choice' on vesting, the total value for each award (both NV and PLC share types) is calculated using the performance factor and the closing share price on vesting, including dividend reinvestment accrued. The value of the share type not chosen (PLC shares) is converted into the currency of the chosen share type (NV shares), divided by the closing share price on vesting and this number of NV shares is added to the original number of NV shares that vested. Therefore the original award of 5,932 PLC shares and the dividend reinvestment are cancelled and reduced to nil.  

The above transaction was carried out in the UK

Mr A Jope (PDMR) received 9,370 Unilever PLC American Depositary Receipts (PLC ADRs) each representing 1 Ordinary 3 1/9 pence share with conditional rights pursuant to the Unilever Global Share Incentive Plan 2007 after using a performance factor of 98% and including dividend reinvestment.

Ms J A Sourry Knox (PDMR) elected to receive only New York NV shares. To calculate the effect of 'share choice' on vesting, the total value for each award (both NV and PLC share types) is calculated using the performance factor and the closing share price on vesting, including dividend reinvestment accrued. The value of the share type not chosen (PLC shares) is converted into the currency of the chosen share type (NV shares), divided by the closing share price on vesting and this number of NV shares is added to the original number of NV shares that vested. Therefore the original award of 3,486 PLC ADR shares and the dividend reinvestment are cancelled and reduced to nil.

The above transactions were carried out in the USA.

The following number of Unilever PLC Ordinary shares of 3 1/9p each were awarded in February 2013 and the following number of Unilever PLC American Depositary Receipts (PLC ADRs) each representing 1 Ordinary 3 1/9 pence share have vested based on the February 2013 with conditional rights pursuant to the Unilever Global Management Co-Investment Plan:

Mr K Kruythoff (PDMR) elected to receive only NV shares. To calculate the effect of 'share choice' on vesting, the total value for each award (both NV and PLC share types) is calculated using the performance factor and the closing share price on vesting, including dividend reinvestment accrued. The value of the share type not chosen (PLC shares) is converted into the currency of the chosen share type (NV shares), divided by the closing share price on vesting and this number of NV shares is added to the original number of NV shares that vested. Therefore the original award of 2,755 PLC shares and the dividend reinvestment are cancelled and reduced to nil.

The above transaction was carried out in the UK.

Mr A Jope (PDMR) received 4.197 Unilever PLC American Depositary Receipts (PLC ADRs) each representing 1 Ordinary 3 1/9 pence share with conditional rights pursuant to the Unilever Global Management Co-Investment Plan after using a performance factor of 98% and including dividend reinvestment.

Ms J A Sourry Knox (PDMR) elected to receive only New York NV shares. To calculate the effect of 'share choice' on vesting, the total value for each award (both NV and PLC share types) is calculated using the performance factor and the closing share price on vesting, including dividend reinvestment accrued. The value of the share type not chosen (PLC shares) is converted into the currency of the chosen share type (NV shares), divided by the closing share price on vesting and this number of NV shares is added to the original number of NV shares that vested. Therefore the original award of 3,257 PLC ADR shares and the dividend reinvestment are cancelled and reduced to nil.

The above transactions were carried out in the USA.

The following number of Unilever PLC American Depositary Receipts (PLC ADRs) each representing 1 Ordinary 3 1/9 pence share were awarded in February 2013 with conditional rights pursuant to Restricted Stock awards:

Ms J A Sourry Knox (PDMR) elected to receive only New York NV shares. To calculate the effect of 'share choice' on vesting, the total value for each award (both NV and PLC share types) is calculated using the performance factor and the closing share price on vesting, including dividend reinvestment accrued. The value of the share type not chosen (PLC shares) is converted into the currency of the chosen share type (NV shares), divided by the closing share price on vesting and this number of NV shares is added to the original number of NV shares that vested. Therefore the original award of 5,539 PLC ADR shares and the dividend reinvestment are cancelled and reduced to nil. No performance factor was applied.

The above transactions were carried out in the USA.

This announcement is made following notifications under Disclosure and Transparency rule 3.1.4(R)(1)(a).

Name of contact and telephone number for queries:

SAMANTHA HOOD - [phone]

Name of authorised official of issuer responsible for making notification:

TONIA LOVELL - COMPANY SECRETARY

23 February 2016

 

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