{"id":791359,"date":"2024-12-02T01:03:01","date_gmt":"2024-12-02T06:03:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cool-company-ltd-vesting-of-restricted-stock-units-to-primary-insiders-and-mandatory-notification-of-trades\/"},"modified":"2024-12-02T01:03:01","modified_gmt":"2024-12-02T06:03:01","slug":"cool-company-ltd-vesting-of-restricted-stock-units-to-primary-insiders-and-mandatory-notification-of-trades","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cool-company-ltd-vesting-of-restricted-stock-units-to-primary-insiders-and-mandatory-notification-of-trades\/","title":{"rendered":"Cool Company Ltd &#8211; Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades"},"content":{"rendered":"<p>        <!--.bwlistdecimal { list-style-type: decimal }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Cool Company Ltd &#8211; Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades<\/b><\/p>\n<p>LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCOOL COMPANY Ltd. (\u201cCoolCo\u201d or the \u201cCompany\u201d) advised today that, pursuant to the Company\u2019s Long-Term Incentive Program (the \u201cLTIP\u201d), certain outstanding restricted stock units (\u201cRSUs\u201d) 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<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20241130901228\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241130901228\/en\/<\/a><\/p>\n<ol class=\"bwlistdecimal\">\n<li>\nRichard Tyrrell: 2,232 shares<\/p>\n<\/li>\n<li>\nJohannes Boots: 1,175 shares<\/p>\n<\/li>\n<\/ol>\n<p>\nFollowing the aforementioned vesting of RSUs:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\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.<\/p>\n<\/li>\n<li>\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.<\/p>\n<\/li>\n<\/ul>\n<p>\nPlease see the enclosed forms for further details about the transactions.<\/p>\n<p>\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.<\/p>\n<p>\nFull details of the LTIP are available in the Press Release issued on November 25, 2022, or in the Company\u2019s 2023 Annual Report on Form 20-F as filed with the SEC.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241130901228r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241130901228\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241130901228\/en\/<\/a><\/span><\/p>\n<p>\nFor more information, questions should be directed to:<br \/>\n<br \/>c\/o Cool Company Ltd &#8211; +44 207 659 1111 \/ <a rel=\"nofollow\" href=\"mailto:ir@coolcoltd.com\">ir@coolcoltd.com<br \/>\n<\/a><\/p>\n<p>Richard Tyrrell &#8211; Chief Executive Officer<br \/>\n<br \/>John Boots &#8211; Chief Financial Officer<\/p>\n<p><b>KEYWORDS:<\/b> United Kingdom Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Energy Professional Services Oil\/Gas Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241130901228\/en\/2318765\/3\/CoolCo_Logo_FINAL_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Cool Company Ltd &#8211; Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades LONDON&#8211;(BUSINESS WIRE)&#8211; COOL COMPANY Ltd. (\u201cCoolCo\u201d or the \u201cCompany\u201d) advised today that, pursuant to the Company\u2019s Long-Term Incentive Program (the \u201cLTIP\u201d), certain outstanding restricted stock units (\u201cRSUs\u201d) awarded\/authorized in 2022 and 2023 vested on November 29, 2024. Details of the vesting of RSUs to Primary Insiders are as follows: This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241130901228\/en\/ 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, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cool-company-ltd-vesting-of-restricted-stock-units-to-primary-insiders-and-mandatory-notification-of-trades\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cool Company Ltd &#8211; Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-791359","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cool Company Ltd - Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cool-company-ltd-vesting-of-restricted-stock-units-to-primary-insiders-and-mandatory-notification-of-trades\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cool Company Ltd - Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cool Company Ltd &#8211; Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades LONDON&#8211;(BUSINESS WIRE)&#8211; COOL COMPANY Ltd. (\u201cCoolCo\u201d or the \u201cCompany\u201d) advised today that, pursuant to the Company\u2019s Long-Term Incentive Program (the \u201cLTIP\u201d), certain outstanding restricted stock units (\u201cRSUs\u201d) awarded\/authorized in 2022 and 2023 vested on November 29, 2024. Details of the vesting of RSUs to Primary Insiders are as follows: This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241130901228\/en\/ 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, &hellip; Continue reading &quot;Cool Company Ltd &#8211; Vesting of Restricted Stock Units to Primary Insiders and Mandatory Notification of Trades&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cool-company-ltd-vesting-of-restricted-stock-units-to-primary-insiders-and-mandatory-notification-of-trades\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-02T06:03:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241130901228r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cool-company-ltd-vesting-of-restricted-stock-units-to-primary-insiders-and-mandatory-notification-of-trades\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cool-company-ltd-vesting-of-restricted-stock-units-to-primary-insiders-and-mandatory-notification-of-trades\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cool Company Ltd &#8211; 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(\u201cCoolCo\u201d or the \u201cCompany\u201d) advised today that, pursuant to the Company\u2019s Long-Term Incentive Program (the \u201cLTIP\u201d), certain outstanding restricted stock units (\u201cRSUs\u201d) awarded\/authorized in 2022 and 2023 vested on November 29, 2024. Details of the vesting of RSUs to Primary Insiders are as follows: This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241130901228\/en\/ 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. 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