6-K 1 pson201510086k.htm DIRECTOR/PDMR SHAREHOLDING pson201510086k.htm
UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549
 
 
FORM 6-K
 
 
REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934
 
 
For the month of October 2015
 
 
PEARSON plc
(Exact name of registrant as specified in its charter)

 
N/A

 
(Translation of registrant's name into English)

 
80 Strand

London, England WC2R 0RL

44-20-7010-2000
(Address of principal executive office)

 
 
Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:


 
 
Form 20-F X                                                Form 40-F


 
 
Indicate by check mark whether the Registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934


 
 
Yes                                              No X
 
 
 
 


                                                                                                                                                                                  Pearson plc - (the "Company")
Notification of PDMRs' Interests
 
 

 
 
Long-Term Incentive Plan ("LTIP") - 2015 Release
 
In 2001, the Company established the Pearson Long-Term Incentive Plan (the "LTIP"). Its purpose is to link management's long-term reward with Pearson's financial performance and returns to shareholders.
 
 
Restricted Share Awards
 
Under the terms of the LTIP, all shares are released to participants on the vesting date, providing that the participant is still employed by the Company.
 
 
The following table sets out the number of shares released to PDMRs on 5 October 2015, as notified to the Company on 7 October 2015. The LTIP rules require that sufficient shares are sold to discharge the tax liability arising on the shares released. The shares set out in the third column below were sold on 5 October 2015 at the price shown, with the number of shares or American Depositary Receipts (ADRs) set out in the fourth column below being retained by the PDMRs.
 
 
Name of PDMR
Shares Released
Shares sold to discharge tax liabilities
Shares/ADRs Retained
Sale price per share (£)
Michael Barber
22,900
10,801
12,099
11.857
Tim Bozik
30,915
11,278
19,637
11.857
Rod Bristow
22,900
10,801
12,099
11.857
Luyen Chou
17,175
9,001
8,174
11.857
Don Kilburn
26,335
8,603
17,732
11.857
Doug Kubach
36,640
12,355
24,285
11.857
Tamara Minick-Scokalo
22,900
8,446
14,454
11.857
Melinda Wolfe
43,920
24,603
19,317
11.826
 

 
 
Interests of the PDMRs
 
As a result of the above transactions, the PDMRs are interested in the following shares or ADRs (excluding those to which they are notionally entitled or may become entitled, subject to the satisfaction of any relevant conditions, under the Company's employee share plans):

 
Name of PDMR
Number of Shares/ADRs
% of Capital
Michael Barber
30,092
0.00367
Tim Bozik
36,353
0.00443
Rod Bristow
40,522
0.00494
Luyen Chou
9,476
0.00115
Don Kilburn
19,938
0.00243
Doug Kubach
24,295
0.00296
Tamara Minick-Scokalo
14,684
0.00179
Melinda Wolfe
38,627
0.00470
 

 
SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



 
 
PEARSON plc

 
 
 
Date:  08 October 2015 
 
 
 
By: /s/ STEPHEN JONES

 
-----------------------
Stephen Jones
Deputy Secretary