Statoil’s share saving plan allocates shares
The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE: STO) on 8 December 2017 for use in the group's Share Saving Plan have on 12 December 2017 been distributed to the employees in accordance with their savings amount.
Following this, the share saving plan has 11,243,234 shares.
As participants in the share saving plan, Statoil’s primary insiders and their close associates have been allocated shares at an average price of NOK 166.85 per share. Details on allocation of shares are set forth in the below table.
The information is subject of the disclosure requirements set forth in section 5-12 of the Norwegian Securities Trading Act.
Name |
Title |
Shares allocated to primary insider |
Shares allocated to close associate(s) |
New shareholding primary insider |
New shareholding close associate(s) |
New total shareholding |
Alton, Russell |
Senior vice president |
908 |
|
6,039 |
|
6,039 |
Di Valerio, Ingrid E. |
Member of the board of directors |
211 |
|
4,424 |
|
4,424 |
Dodson, Timothy |
Executive vice president |
792 |
|
34,053 |
|
34,053 |
Gjærum, Reidar |
Senior vice president |
525 |
|
31,472 |
437 |
31,909 |
Hegge, Hans Jakob |
Chief Financial Officer |
|
190 |
27,919 |
3,832 |
31,751 |
Hika, Gemetchu |
Company secretary |
126 |
|
1,380 |
|
1,380 |
Hovden, Magne |
Senior vice president |
483 |
|
17,849 |
|
17,849 |
Jacobsen, Jon Arnt |
Senior vice president corporate audit |
324 |
|
21,044 |
|
21,044 |
Klouman, Hans Henrik |
General counsel |
757 |
|
33,732 |
1,189 |
34,921 |
Kvelvane, Ørjan |
Senior vice president |
355 |
|
5,653 |
|
5,653 |
Labråten, Per-Martin |
Member of the board of directors |
78 |
|
1,329 |
|
1,329 |
Nilsson, Jannicke |
Chief Operating Officer |
|
227 |
21,545 |
16,705 |
38,250 |
Rummelhoff, Irene |
Executive vice president |
552 |
|
24,407 |
407 |
24,814 |
Skeie, Svein |
Senior vice president |
431 |
210 |
22,607 |
5,864 |
28,471 |
Sætre, Eldar |
President and Chief Executive Officer |
1,249 |
|
56,279 |
|
56,279 |
Siv Helen Torstensen |
Vice president |
106 |
78 |
4,602 |
1,290 |
5,892 |
Økland, Jens |
Executive vice president |
530 |
|
17,023 |
|
17,023 |
Øvrum, Margareth |
Executive vice president |
739 |
215 |
48,052 |
7,462 |
55,514 |