Cool Company Ltd - Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades

Business Wire

2024-12-02

LONDON, December 02, 2024--(BUSINESS WIRE)--COOL COMPANY Ltd. ("CoolCo" or the "Company") advised today that, pursuant to the Company’s Long-Term Incentive Program (the "LTIP"), certain outstanding restricted stock units ("RSUs") awarded/authorized in 2022 and 2023 vested on November 29, 2024. Details of the vesting of RSUs to Primary Insiders are as follows:

Richard Tyrrell: 2,232 shares
Johannes Boots: 1,175 shares

Following the aforementioned vesting of RSUs:

Richard Tyrrell holds 8,545 shares, 8,341 RSUs, and 371,227 Options in CoolCo following the vesting of abovementioned RSUs on November 29, 2024.
Johannes Boots holds 1,764 shares, 4,416 RSUs, and 123,742 Options in CoolCo following the vesting of abovementioned RSUs on November 29, 2024.

Please see the enclosed forms for further details about the transactions.

The Company anticipates that the shares underlying the vested RSUs will be issued to grantees on or after December 9, 2024. At such time, the number of issued shares in the Company will increase by 23,872 shares to a total number of issued shares of 53,726,718, with each share having a nominal value of USD 1.00.

Full details of the LTIP are available in the Press Release issued on November 25, 2022, or in the Company’s 2023 Annual Report on Form 20-F as filed with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241130901228/en/

Contacts

For more information, questions should be directed to:
c/o Cool Company Ltd - +44 207 659 1111 / ir@coolcoltd.com

Richard Tyrrell - Chief Executive Officer
John Boots - Chief Financial Officer

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

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(\"CoolCo\" or the \"Company\") advised today that, pursuant to the Company’s Long-Term Incentive Program (the \"LTIP\"), certain outstanding restricted stock units (\"RSUs\") awarded/authorized in 2022 and 2023 vested on November 29, 2024. Details of the vesting of RSUs to Primary Insiders are as follows:</p>\n<ol>\n<li>Richard Tyrrell: 2,232 shares</li>\n<li>Johannes Boots: 1,175 shares</li>\n</ol>\n<p>Following the aforementioned vesting of RSUs:</p>\n<ul>\n<li>Richard Tyrrell holds 8,545 shares, 8,341 RSUs, and 371,227 Options in CoolCo following the vesting of abovementioned RSUs on November 29, 2024.</li>\n<li>Johannes Boots holds 1,764 shares, 4,416 RSUs, and 123,742 Options in CoolCo following the vesting of abovementioned RSUs on November 29, 2024.</li>\n</ul>\n<p>Please see the enclosed forms for further details about the transactions.</p>\n<p>The Company anticipates that the shares underlying the vested RSUs will be issued to grantees on or after December 9, 2024. At such time, the number of issued shares in the Company will increase by 23,872 shares to a total number of issued shares of 53,726,718, with each share having a nominal value of USD 1.00.</p>\n<p>Full details of the LTIP are available in the Press Release issued on November 25, 2022, or in the Company’s 2023 Annual Report on Form 20-F as filed with the SEC.</p>\n<p><span>View source version on businesswire.com: </span><span>https://www.businesswire.com/news/home/20241130901228/en/</span></p>\n<p><b>Contacts</b></p>\n<p>For more information, questions should be directed to:<br/>c/o Cool Company Ltd - +44 207 659 1111 / ir@coolcoltd.com <br/><br/>Richard Tyrrell - Chief Executive Officer<br/>John Boots - Chief Financial Officer<br/><br/><br/><br/></p></body></html>","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cool Company Ltd - Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCool Company Ltd - Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-02 14:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cool-company-ltd-vesting-restricted-060000860.html><strong>Business Wire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON, December 02, 2024--(BUSINESS WIRE)--COOL COMPANY Ltd. (\"CoolCo\" or the \"Company\") advised today that, pursuant to the Company’s Long-Term Incentive Program (the \"LTIP\"), certain outstanding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cool-company-ltd-vesting-restricted-060000860.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/cool-company-ltd-vesting-restricted-060000860.html","article_id":"2488954457","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/J6BHmJRKp_XQ6Ymyl.Fzjw--~B/aD00ODA7dz00MzM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/cc5235ec5e195a97f99b16720636bec8"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488954457","pubTimestamp":1733119200,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"LONDON, December 02, 2024----COOL COMPANY Ltd.  advised today that, pursuant to the Company’s Long-Term Incentive Program , certain outstanding restricted stock units  awarded/authorized in 2022 and 2023 vested on November 29, 2024. Details of the vesting of RSUs to Primary Insiders are as follows:. Richard Tyrrell holds 8,545 shares, 8,341 RSUs, and 371,227 Options in CoolCo following the vesting of abovementioned RSUs on November 29, 2024.Johannes Boots holds 1,764 shares, 4,416 RSUs, and 123,742 Options in CoolCo following the vesting of abovementioned RSUs on November 29, 2024.Please see the enclosed forms for further details about the transactions.The Company anticipates that the shares underlying the vested RSUs will be issued to grantees on or after December 9, 2024. At such time, the number of issued shares in the Company will increase by 23,872 shares to a total number of issued shares of 53,726,718, with each share having a nominal value of USD 1.00.For more information, ques","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Cool Company Ltd-向主要内部人士授予限制性股票单位和强制交易通知","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLCO":0.9},"content_text":"LONDON, December 02, 2024--(BUSINESS WIRE)--COOL COMPANY Ltd. (\"CoolCo\" or the \"Company\") advised today that, pursuant to the Company’s Long-Term Incentive Program (the \"LTIP\"), certain outstanding restricted stock units (\"RSUs\") awarded/authorized in 2022 and 2023 vested on November 29, 2024. Details of the vesting of RSUs to Primary Insiders are as follows:\n\nRichard Tyrrell: 2,232 shares\nJohannes Boots: 1,175 shares\n\nFollowing the aforementioned vesting of RSUs:\n\nRichard Tyrrell holds 8,545 shares, 8,341 RSUs, and 371,227 Options in CoolCo following the vesting of abovementioned RSUs on November 29, 2024.\nJohannes Boots holds 1,764 shares, 4,416 RSUs, and 123,742 Options in CoolCo following the vesting of abovementioned RSUs on November 29, 2024.\n\nPlease see the enclosed forms for further details about the transactions.\nThe Company anticipates that the shares underlying the vested RSUs will be issued to grantees on or after December 9, 2024. At such time, the number of issued shares in the Company will increase by 23,872 shares to a total number of issued shares of 53,726,718, with each share having a nominal value of USD 1.00.\nFull details of the LTIP are available in the Press Release issued on November 25, 2022, or in the Company’s 2023 Annual Report on Form 20-F as filed with the SEC.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20241130901228/en/\nContacts\nFor more information, questions should be directed to:c/o Cool Company Ltd - +44 207 659 1111 / ir@coolcoltd.com Richard Tyrrell - Chief Executive OfficerJohn Boots - Chief Financial Officer","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}