{"id":830602,"date":"2025-03-27T09:06:18","date_gmt":"2025-03-27T13:06:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cool-company-ltd-granting-of-restricted-stock-units-to-primary-insiders\/"},"modified":"2025-03-27T09:06:18","modified_gmt":"2025-03-27T13:06:18","slug":"cool-company-ltd-granting-of-restricted-stock-units-to-primary-insiders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cool-company-ltd-granting-of-restricted-stock-units-to-primary-insiders\/","title":{"rendered":"Cool Company Ltd.: Granting of Restricted Stock Units to Primary Insiders"},"content":{"rendered":"<p>        <!--.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.: <\/b><b>Granting of Restricted Stock Units to Primary Insiders<\/b><\/p>\n<p>LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Company\u2019s board of directors (the \u201cBoard\u201d) has resolved, in accordance with the Company\u2019s Long-Term Incentive Program (\u201cLTIP\u201d), to authorize Restricted Stock Units (\u201cRSUs\u201d) for 2025, as further detailed below.\n<\/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\/20250327149241\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250327149241\/en\/<\/a><\/p>\n<p>\nPursuant to the LTIP, the Board has resolved to grant a total number of 205,871 RSUs to employees and management of the Company (equivalent to approximately 0.38% of the Company&#8217;s share capital).\n<\/p>\n<p>\nPursuant to the LTIP, RSUs vest into shares of the Company. The RSUs will vest equally in four installments on each of November 28, 2025, November 30, 2026, November 30, 2027, and November 30, 2028.\n<\/p>\n<p><b>Primary Insiders<\/b><\/p>\n<p>\nThe following Primary Insiders have been granted RSUs:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nRichard Tyrrell (CEO and Director) has been granted 14,404 RSUs. Following the new RSU grant, Richard Tyrrell holds 8,545 shares, 22,745 RSUs, and 371,227 Options in CoolCo.\n<\/li>\n<li>\nJohannes Boots (CFO) has been granted 7,789 RSUs. Following the new RSU grant, Johannes Boots holds 1,764 shares, 12,205 RSUs, and 123,742 Options in CoolCo.\n<\/li>\n<\/ul>\n<p>\nPlease see the enclosed forms for further details about the transaction.\n<\/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.\n<\/p>\n<p>\nAdditional information about CoolCo can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.coolcoltd.com&amp;esheet=54229796&amp;newsitemid=20250327149241&amp;lan=en-US&amp;anchor=www.coolcoltd.com&amp;index=1&amp;md5=9319301b59cdc9d5cf153f13e015962c\">www.coolcoltd.com<\/a>.\n<\/p>\n<p>\nThis information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327149241r1&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\/20250327149241\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250327149241\/en\/<\/a><\/span><\/p>\n<p>\nFor further information, please contact:<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><br \/>Richard Tyrrell &#8211; Chief Executive Officer<br \/>\n<br \/>Johannes Boots &#8211; Chief Financial Officer\n<\/p>\n<p><b>KEYWORDS:<\/b> United Kingdom Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Energy Maritime Transport Other Energy<\/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\/20250327149241\/en\/2422042\/3\/CoolCo_Logo.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.: Granting of Restricted Stock Units to Primary Insiders LONDON&#8211;(BUSINESS WIRE)&#8211; The Company\u2019s board of directors (the \u201cBoard\u201d) has resolved, in accordance with the Company\u2019s Long-Term Incentive Program (\u201cLTIP\u201d), to authorize Restricted Stock Units (\u201cRSUs\u201d) for 2025, as further detailed below. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250327149241\/en\/ Pursuant to the LTIP, the Board has resolved to grant a total number of 205,871 RSUs to employees and management of the Company (equivalent to approximately 0.38% of the Company&#8217;s share capital). Pursuant to the LTIP, RSUs vest into shares of the Company. The RSUs will vest equally in four installments on each of November 28, 2025, November 30, 2026, November 30, 2027, and November 30, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cool-company-ltd-granting-of-restricted-stock-units-to-primary-insiders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cool Company Ltd.: Granting of Restricted Stock Units to Primary Insiders&#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-830602","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.: Granting of Restricted Stock Units to Primary Insiders - 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-granting-of-restricted-stock-units-to-primary-insiders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cool Company Ltd.: Granting of Restricted Stock Units to Primary Insiders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cool Company Ltd.: Granting of Restricted Stock Units to Primary Insiders LONDON&#8211;(BUSINESS WIRE)&#8211; The Company\u2019s board of directors (the \u201cBoard\u201d) has resolved, in accordance with the Company\u2019s Long-Term Incentive Program (\u201cLTIP\u201d), to authorize Restricted Stock Units (\u201cRSUs\u201d) for 2025, as further detailed below. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250327149241\/en\/ Pursuant to the LTIP, the Board has resolved to grant a total number of 205,871 RSUs to employees and management of the Company (equivalent to approximately 0.38% of the Company&#8217;s share capital). Pursuant to the LTIP, RSUs vest into shares of the Company. The RSUs will vest equally in four installments on each of November 28, 2025, November 30, 2026, November 30, 2027, and November 30, &hellip; Continue reading &quot;Cool Company Ltd.: Granting of Restricted Stock Units to Primary Insiders&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cool-company-ltd-granting-of-restricted-stock-units-to-primary-insiders\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-27T13:06:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327149241r1&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-granting-of-restricted-stock-units-to-primary-insiders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cool-company-ltd-granting-of-restricted-stock-units-to-primary-insiders\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cool Company Ltd.: Granting of Restricted Stock Units to Primary Insiders\",\"datePublished\":\"2025-03-27T13:06:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cool-company-ltd-granting-of-restricted-stock-units-to-primary-insiders\\\/\"},\"wordCount\":307,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cool-company-ltd-granting-of-restricted-stock-units-to-primary-insiders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250327149241r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cool-company-ltd-granting-of-restricted-stock-units-to-primary-insiders\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cool-company-ltd-granting-of-restricted-stock-units-to-primary-insiders\\\/\",\"name\":\"Cool Company Ltd.: Granting of Restricted Stock Units to Primary Insiders - 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