The following primary insiders have on 5 May acquired shares in Statoil ASA (OSE:STL, NYSE:STO) at a share price of NOK 159.94 in connection with the company's long-term incentive programme.
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 | Allocated shares | New share holding |
| Anfinnsen Tor Martin | 2108 | 11 897 |
| Bacher Lars Christian | 2309 | 25 076 |
| Dodson Timothy | 2660 | 27 810 |
| Gjærum Reidar | 1454 | 24 138 |
| Hilland Jannicke | 1302 | 12 650 |
| Hovden Magne Andre | 1378 | 11 582 |
| Klouman Hans Henrik | 2676 | 23 994 |
| Knight John Nicholas | 10460 | 83 912 |
| Mathieu Philippe François | 1123 | 8 877 |
| Opedal Anders | 2221 | 14 244 |
| Reitan Torgrim | 2523 | 27 719 |
| Skeie Svein | 1185 | 20 403 |
| Sætre Eldar | 8257 | 38 527 |
| Øvrum Margareth | 2656 | 41 460 |
| Nylund Arne Sigve | 2402 | 9 261 |
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.