The long-term incentive programme is a fixed, monetary compensation calculated as a portion of the participant’s base salary; ranging from 20 – 30 per cent depending on the individual’s position. On behalf of the participant, the company acquires shares equivalent to the net annual amount. The grant is subject to a three year lock-in period.
Number of acquired shares and their new total shareholding is listed in the table below. The trade has been made through DNB Markets.
| Name |
Acquired |
New shares |
| Bacher, Lars Christian |
2,114 |
21,704 |
| Dodson, Timothy |
2,297 |
23,363 |
| Gjærum, Reidar |
1,255 |
21,208 |
| Hilland, Jannicke |
1,124 |
10,782 |
| Hovden, Magne Andre |
1,167 |
8,905 |
| Klouman, Hans Henrik |
2,402 |
19,183 |
| Knight, John Nicholas |
9,525 |
69,842 |
| Lund, Helge |
5,493 |
67,336 |
| Nafstad, Hilde Merete |
916 |
6,361 |
| Nylund, Arne Sigve |
2,074 |
6,859 |
| Reitan, Torgrim |
2,179 |
23,460 |
| Skeie, Svein |
1,023 |
17,609 |
| Sætre, Eldar |
2,456 |
28,666 |
| Øvrum, Margareth |
2,481 |
36,439 |
As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary-insider Mr. William Maloney has been allocated shares on 8 May 2014, at an average price of USD 26.56:
| Name |
Allocated |
New share |
| Maloney, William |
528.170103 |
42,888.776024 |
*American Depositary Receipts (ADR)
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.