Flex LNG - Mandatory notification of trade by primary insiders
FLEX LNG LTD (FLNG) · publisert 2021-11-17 22:18 · vis på NewsWeb
Transaksjoner
| Person | Rolle | Type | Volum | Pris | Dato | ISIN | Handelsplass | Tolket via |
|---|---|---|---|---|---|---|---|---|
| Øystein Kalleklev | CEO | exercise | 60 000 | 60 000 | 2021-11-17 | – | Off market | rules |
Vedlegg
- Flex LNG - Disclosure of transaction by PDMR.pdf (tekst hentet ut)
Meldingstekst
Øystein M Kalleklev, CEO of Flex LNG Management AS, has today exercised 60,000
stock options vested in the period September 7, 2018 to September 7, 2021. The
original strike price was $14.3 per share, but have been adjusted to $12.9 (the
"Adjusted Strike Price") due to $1.4 dividend paid per share since the options
were granted. The stock options have been cash settled with the difference of
the Adjusted Strike Price and the closing price at NYSE on November 17, 2021 of
$22.78.
Following the exercising of these stock options, Mr. Kalleklev holds 50,000
shares in Flex LNG Ltd. as well as 250,000 stock options vesting over the period
August 16, 2021 to September 7, 2024 with an average original strike price of
$15.84. The strike price under these stock options is also adjusted for dividend
payments.
Please see the attached form for notification and public disclosure of
transaction attached.
This notification has been publicly disclosed in accordance with Article 19 of
the Market Abuse Regulation section 5-12 of the Norwegian Securities Trading
Act.