October 23, 2009 14:16 ET
Golar LNG - Share Option Plan 2009
HAMILTON, BERMUDA--(Marketwire - October 23, 2009) - The Board of Golar LNG Limited
has approved the grant of 250,000
share options to Directors and employees of the Company and its
subsidiaries under the terms of the Company's existing share
option
scheme. The options have a strike price set at $11.80 per share.
One
third of the options vest on June 30, 2010 and the remaining two
thirds vest one third each year over the following two years,
assuming continued employment, and the option period is five
years.
The allocation of these options to Primary Insiders is set out in
the
attached file.
A total of 200,000 options have been exercised on October 22, 2009
at
an average price of $13.24 and a strike price of $9.89. After this
exercise the total number of outstanding options granted after
this
grant and the cancellation noted above is 1,546,834.
October 23, 2009
The Board of Directors
Golar LNG Limited
Hamilton, Bermuda.
GOL share option plan 2009:
http://hugin.info/133076/R/1349886/325491.pdf
This announcement was originally distributed by Hugin. The issuer
is
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Copyright © Hugin AS 2009. All rights reserved.