TIDMARM
RNS Number : 3936P
ARM Holdings PLC
17 February 2016
Directors'/PDMRs' shareholdings
ARM Holdings plc (the "Company") announces that, shares
representing 50% of annual bonus earned in respect of the financial
year ended 31 December 2012 and awarded in February 2013 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 2017.
The DAB release took effect on 11 February 2016
The Long-Term Incentive plan 2013 did not vest for the three
year performance period ended 31 December 2015.
Name Total Number Total Total
number of shares net resultant
of shares sold* shares share-
vested to satisfy received holding
under tax liabilities
the 2012 under
DAB the DAB
-------------- ----------- ----------------- ---------- -----------
Simon Segars 60,514 22,742 37,772 668,432
-------------- ----------- ----------------- ---------- -----------
Mike Muller 57,057 26,817 30,240 1,336,000
-------------- ----------- ----------------- ---------- -----------
Graham
Budd 49,773 23,394 26,379 276,902
-------------- ----------- ----------------- ---------- -----------
Ian Drew 40,770 19,162 21,608 153,385
-------------- ----------- ----------------- ---------- -----------
Pete Hutton 30,497 14,334 16,163 46,163
-------------- ----------- ----------------- ---------- -----------
Tom Lantzsch 40,846 15,350 25,496 76,100
-------------- ----------- ----------------- ---------- -----------
Dipesh
Patel 31,511 11,842 19,669 74,564
-------------- ----------- ----------------- ---------- -----------
Allen Wu 34,720 15,625 19,095 71,916
-------------- ----------- ----------------- ---------- -----------
Rene Haas** 5,580 2,343 3,237 6,751
-------------- ----------- ----------------- ---------- -----------
*The price at which the tax shares were sold was 853.23 pence
per share
** Rene Haas' share relate to vesting under the Employee Equity
Plan ('EEP') and not the DAB.
2016 LTIP Awards
Also with effect from 11 February 2016 annual conditional awards
were made under the 2013 LTIP to directors and PDMRs as
follows:
Name Number Total number of
of shares conditional awards
conditionally now held under
awarded the LTIP
under
the LTIP
----------------- --------------- --------------------
Simon Segars 127,224 334,177
----------------- --------------- --------------------
Chris Kennedy 104,021 131,932
----------------- --------------- --------------------
Mike Muller 66,219 179,803
----------------- --------------- --------------------
Graham Budd 42,594 142,229
----------------- --------------- --------------------
Philip Davis 40,148 81,011
----------------- --------------- --------------------
Ian Drew 40,148 120,566
----------------- --------------- --------------------
Jennifer
Duvalier 40,890 136,539
----------------- --------------- --------------------
Pete Hutton 42,947 130,903
----------------- --------------- --------------------
Andrew Smith 40,148 114,735
----------------- --------------- --------------------
Allen Wu 37,827 100,052
----------------- --------------- --------------------
Dipesh Patel*** 14,232 45,786 Ordinary
(ADRs) Shares
28,070 ADRs
----------------- --------------- --------------------
Rene Haas*** 14,635 20,524 Ordinary
shares
(ADRs) 23,016 ADRs
----------------- --------------- --------------------
Tom Lantzsch*** 13,353 43,794 Ordinary
shares
(ADRs) 26,335 ADRs
----------------- --------------- --------------------
***US employees received ADRs instead of ordinary shares. Each
ADR represents 3 ordinary shares.
The mid-market closing price on 11 February 2015, being the
business day prior to the date of these awards, was 899.00 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.
2016 RSU
The Company also announces that under the EEP, the following
awards for Restricted Stock Units were made on 11 February 2016.
These awards will vest 25% annually over a four year period from
the first anniversary of the date of grant.
Name Number Total number
of RSUs of RSUs held
received under the EEP
------------------ ------------ ----------------
Graham
Budd 15,488 15,488
------------------ ------------ ----------------
Philip
Davis 14,599 54,050
------------------ ------------ ----------------
Ian Drew 14,599 14,599
------------------ ------------ ----------------
Jennifer
Duvalier 14,869 52,784
------------------ ------------ ----------------
Pete Hutton 15,617 15,617
------------------ ------------ ----------------
Andrew
Smith 14,599 23,205
------------------ ------------ ----------------
Allen Wu 13,755 13,755
------------------ ------------ ----------------
Dipesh 5,175 5,175 (ADRs)
Patel**** (ADRs)
------------------ ------------ ----------------
Rene Haas**** 5,321(ADRs) 11,161 Ordinary
shares
5321 (ADRs)
------------------ ------------ ----------------
Tom Lantzsch**** 4,855 4,855 (ADRs)
(ADRs)
------------------ ------------ ----------------
****US employees received ADRs instead of ordinary shares. Each
ADR represents 3 ordinary shares.
The mid-market closing price on 11 February 2015, being the
business day prior to the date of these awards, was 899.00 pence
per share.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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