b) |
Nature of the transaction |
Acquisition of 5,702 Unilever PLC Ordinary shares of 3 1/9p each ("Shares") (for nil consideration) following the distribution of Shares to satisfy vested entitlements pursuant to the Unilever Global Share Incentive Plan 2007. As announced on 31 July 2012, Unilever PLC restructured the reward packages of a small group of long standing UK employees. As part of this restructuring, Unilever PLC agreed with Keith Weed (PDMR) to replace his contractual entitlement to pension benefits with a right to receive Shares under the Unilever Global Share Incentive Plan 2007 (the "Award"), as detailed within that announcement on 31 July 2012. The Shares acquired by Mr Weed (10,759) represent the satisfaction of 20% of his Award (after tax withholding 5,057 Shares), inclusive of dividend equivalents (2,087Shares) earned in the form of additional Shares. |