Send us Feedback

BP (BP)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

BP » Topics » Amoco Non-Employee Directors' Restricted Stock Plan

This excerpt taken from the BP 20-F filed Jun 13, 2006.

Amoco Non-Employee Directors' Restricted Stock Plan

        The table below sets out the residual entitlements of non-executive directors who were formerly non-executive directors of Amoco Corporation under the Amoco Non-Employee Directors' Restricted Stock Plan.

 
   Interest in BP ADSs
at January 1, 2004 and
December 31, 2004 (a)
  Date on which director
reaches age 70 (b)
 
J H Bryan   5,546   October 5, 2006  
E B Davis, Jr   4,490   August 5, 2014  
Dr W E Massey   3,346   April 5, 2008  
M H Wilson   3,170   November 4, 2007  
Director who left the board in 2004          
F A Maljers   2,906   August 12, 2003 (c)
(a)
No awards were granted and no awards lapsed during 2004.

(b)
For the purposes of the regulations, the date on which the director retires from the board at or after the age of 70 is the end of the qualifying period. If the director retires prior to this date, the board may waive the restrictions.

(c)
Mr Maljers retired from the board on April 15, 2004 and, in accordance with the terms of the plan, his awards vested on that date (when the BP ADS closing price was $54.16) without payment by him. These awards over BP ADS derived from awards over Amoco shares granted between April 26, 1994 and April 28, 1998. The awards were granted over Amoco stock prior to the merger but their notional weighted average market value at the date of grant (applying the subsequent merger ratio of 0.66167 of a BP ADS for every Amoco share) was $27.87 per BP ADS.
This excerpt taken from the BP 20-F filed Jun 30, 2005.

Amoco Non-Employee Directors' Restricted Stock Plan

        The table below sets out the residual entitlements of non-executive directors who were formerly non-executive directors of Amoco Corporation under the Amoco Non-Employee Directors' Restricted Stock Plan.

 
   Interest in BP ADSs
at January 1, 2004 and
December 31, 2004 (a)
  Date on which director
reaches age 70 (b)
 
J H Bryan   5,546   October 5, 2006  
E B Davis, Jr   4,490   August 5, 2014  
Dr W E Massey   3,346   April 5, 2008  
M H Wilson   3,170   November 4, 2007  
Director who left the board in 2004          
F A Maljers   2,906   August 12, 2003 (c)
(a)
No awards were granted and no awards lapsed during 2004.

(b)
For the purposes of the regulations, the date on which the director retires from the board at or after the age of 70 is the end of the qualifying period. If the director retires prior to this date, the board may waive the restrictions.

(c)
Mr Maljers retired from the board on April 15, 2004 and, in accordance with the terms of the plan, his awards vested on that date (when the BP ADS closing price was $54.16) without payment by him. These awards over BP ADS derived from awards over Amoco shares granted between April 26, 1994 and April 28, 1998. The awards were granted over Amoco stock prior to the merger but their notional weighted average market value at the date of grant (applying the subsequent merger ratio of 0.66167 of a BP ADS for every Amoco share) was $27.87 per BP ADS.

EXCERPTS ON THIS PAGE:

20-F
Jun 13, 2006
20-F
Jun 30, 2005

RELATED TOPICS for BP:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki