TIDMARM
RNS Number : 8966E
ARM Holdings PLC
13 February 2015
Directors'/PDMRs' shareholdings
ARM Holdings plc
13 February 2015
ARM Holdings plc (the "Company") announces that, following the
strong performance of ARM against an international peer group over
the last 3 years, the performance conditions under the Long Term
Incentive Plan ("LTIP") were satisfied to the extent that 93.1% of
the conditional awards made in 2012 (plus dividend shares) vested
on 12 February 2015. Details of the number of shares vesting, of
shares sold automatically in order to satisfy tax liabilities and
of subsequent share purchases and sales are listed below.
In addition, shares representing 50% of annual bonus earned in
respect of the financial year ended 31 December 2011 and awarded in
February 2012 have been released under the former Deferred Annual
Bonus Plan ("DAB"). Under this plan, 50% of bonus earned was paid
in cash and 50% was compulsorily deferred into shares which vest 3
years after the award date. The relevant performance conditions
were fully satisfied and matching shares have been triggered in the
ratio of 2:1 in respect of these shares. The former DAB operated
for the last time in respect of the financial year ended 31
December 2013 and the outstanding awards will vest in February 2016
and 2017.
The LTIP vesting and DAB release took effect on 12 February
2015
Name Total Total Number Number Total Total
number number of shares of shares net resultant
of shares of shares sold* sold* shares share-
vested vested to satisfy to satisfy received holding
under under tax liabilities tax liabilities
the 2012 the 2011 under under
LTIP DAB the LTIP the DAB
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Simon Segars 46,752 106,822 24,396 55,740 73,438 630,660
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Tim Score 66,789 152,661 31,391 71,751 116,308 999,388
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Mike Muller 45,917 105,627 21,581 49,645 80,318 1,505,760
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Patricia
Alsop 31,724 72,542 14,911 34,095 55,260 219,431
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Graham
Budd 39,238 87,690 18,442 41,215 67,271 317,523
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Ian Drew 32,141 73,737 15,107 34,657 56,114 161,777
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Pete Hutton 12,578 35,665 5,912 16,763 25,568 42,568
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Tom Lantzsch 33,841 79,506 17,659 41,487 54,201 103,093
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Dipesh
Patel 15,863 28,061 5,962 10,546 27,416 88,097
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Antonio
Viana 39,763 91,050 20,749 47,510 62,554 116,319
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
Allen Wu 12,185 55,239 5,484 24,858 37,082 48,697
-------------- ----------- ----------- ----------------- ----------------- ---------- -----------
*The price at which the tax shares were sold was 1076.57 pence
per share
2015 LTIP Awards
Also with effect from 12 February 2015 annual conditional awards
were made under the LTIP to directors and PDMRs as follows:
Name Number Total number
of shares of conditional
conditionally awards
awarded now held
under under the
the LTIP LTIP
-------------- --------------- ----------------
Simon Segars 99,183 250,682
-------------- --------------- ----------------
Mike Muller 52,155 144,411
-------------- --------------- ----------------
Graham Budd 45,750 126,676
-------------- --------------- ----------------
Philip Davis 40,863 40,863
-------------- --------------- ----------------
Ian Drew 37,310 102,051
-------------- --------------- ----------------
Jennifer
Duvalier 43,920 95,649
-------------- --------------- ----------------
Pete Hutton 44,848 106,344
-------------- --------------- ----------------
Tom Lantzsch 37,061 102,972
-------------- --------------- ----------------
Dipesh Patel 39,505 108,414
-------------- --------------- ----------------
Andrew Smith 36,223 74,587
-------------- --------------- ----------------
Antonio
Viana 44,195 122,091
-------------- --------------- ----------------
Allen Wu 38,023 71,282
-------------- --------------- ----------------
The mid market closing price on 11 February 2015, being the
business day prior to the date of these awards, was 1087.00 pence
per share.
Under the LTIP, the vesting of shares conditionally awarded is
subject to achievement of TSR and EPS performance measures and they
will normally vest 3 years from the date of award.
Share Purchase and Sales
The following directors, PDMRs and a connected person bought and
sold shares on 13 February 2015 as follows:
Name Number Number Price Total resultant
of shares of shares per holding
purchased sold share
(pence)
---------------- ----------- ----------- --------- ----------------
Tim Score 200,000 1065.36 799,388
---------------- ----------- ----------- --------- ----------------
Mike Muller 200,000 1073.20 1,305,760
---------------- ----------- ----------- --------- ----------------
Patricia Alsop
and connected
person 90,000 1069.96 119,431
10,000 1068.00
---------------- ----------- ----------- --------- ----------------
Pete Hutton 13,000 1073.72
---------------- ----------- ----------- --------- ----------------
Pete Hutton 25,568 1070.30 30,000
---------------- ----------- ----------- --------- ----------------
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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