These are supplementary purchases related to the share purchases that were carried out on 25 March.
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 share |
Bacher, Lars Christian |
73 |
17,401 |
Dodson, Timothy |
169 |
19,237 |
Gjærum, Reidar |
41 |
18,400 |
Haugland, Arild J. |
35 |
13,547 |
Hovden, Magne Andre |
49 |
7,016 |
Klouman, Hans Henrik |
68 |
14,524 |
Lund, Helge |
208 |
60,546 |
Michelsen, Øystein |
89 |
23,290 |
Nafstad, Hilde |
54 |
4,919 |
Reitan, Torgrim |
187 |
19,656 |
Skeie, Svein |
52 |
14,910 |
Sætre, Eldar |
89 |
25,355 |
Øvrum, Margareth |
117 |
31,350 |
In addition to the supplementary purchase reported above, the following primary insider has on 6 May acquired shares in Statoil ASA (OSE:STL, NYSE:STO) at a share price of NOK 136.66 in connection with the company's long-term incentive programme.
Name |
Acquired |
New share |
Knight, John Nicholas |
9,261 |
50,086 |
The above information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.