The long-term incentive program 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 share holding is listed in the table below. The trade has been made through DNB Markets.
Name | Acquired shares |
New share holding |
Bacher, Lars Christian |
2,180 |
16,943 |
Dodson, Timothy |
2,564 |
18,850 |
Gjærum, Reidar |
1,543 |
18,093 |
Haugland, Arild J. |
1,351 |
13,288 |
Hovden, Magne Andre |
1,453 |
6,726 |
Klouman, Hans Henrik |
2,634 |
14,071 |
Lund, Helge |
6,590 |
60,049 |
Michelsen, Øystein |
2,668 |
22,827 |
Nafstad, Hilde |
1,089 |
4,690 |
Reitan, Torgrim |
2,326 |
19,161 |
Skeie, Svein |
1,240 |
14,552 |
Sætre, Eldar |
2,659 |
24,977 |
Thomsen, Kåre |
1,145 |
16,668 |
Øvrum, Margareth |
2,941 |
30,767 |
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
The following primary insider in Statoil ASA has sold shares in Statoil ASA:
Benedikte Bjørn, company secretary in Statoil ASA, has on 25 March 2013 sold 284 shares in Statoil ASA at a price of NOK 142.90 per share and will after the sale hold 948 shares in Statoil ASA.
This information is subject of the disclosure requirements pursuant to sections 4-1 and 5-12 of the Norwegian Securities Trading Act.