The following primary insider has on 2 November acquired shares in Statoil ASA (OSE:STL, NYSE:STO) at share price of NOK 140.40 in connection with the company's long-term incentive program.
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 new total shareholding is listed in the table below. The trade has been made through DNB Markets.
Name | Purchased | New shareholding |
| Bacher, Lars Christian | 223 | 13,375 |
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.