DGAP-News: BP p.l.c. / Key word(s): Miscellaneous 
BP p.l.c.: Director/PDMR Shareholding 
2021-06-02 / 12:00 
The issuer is solely responsible for the content of this announcement. 
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BP p.l.c. 
Notification of transactions of persons discharging managerial responsibility or connected persons 
EDIP performance shares 2021-2023 award 
BP p.l.c. (the "Company") announces that, on 1 June 2021, conditional performance share awards (the "Awards") were made 
under the bp Executive Directors' Incentive Plan (the "Plan"). The Awards were made in accordance with the directors' 
remuneration policy (the "Policy") which was approved by shareholders on 27 May 2020 and as provided for in the 2020 
directors' remuneration report approved by shareholders on 12 May 2021. 
Level of award 
The Remuneration Committee (the "Committee") has made these Awards at 500% of base salary for the chief executive 
officer and 450% for the chief financial officer, in line with the Policy. In calculating the number of bp shares over 
which these Awards have been made, the Committee has applied the average price of bp shares over the 90 calendar days 
up to and including the annual general meeting that was held on 12 May 2021. 
The Committee retains absolute discretion to adjust the formulaic outcome at the time of vesting of the Awards should 
it not reflect the shareholder experience over the performance period or be otherwise inconsistent with the size of the 
Award. 
Performance conditions 
As set out in the Policy and bp's 2020 directors' remuneration report, Awards will vest subject to performance against 
a combination of the following financial and strategic measures: 
  . Relative total shareholder return (20%) assessed against a benchmarking group, comprising Chevron, Eni, Equinor, 
    Exxon, Repsol, Shell and Total; 
  . Return on average capital employed (20%); 
  . EBIDA compound annual growth rate per share (20%); and 
  . Strategic progress (40%) assessed in line with the following measures: 
      ? Deliver value through a resilient and focused hydrocarbon business; 
      ? Demonstrate track record, scale and value in low carbon electricity and energy; and 
      ? Accelerate growth in customers and products. 
Number of shares subject to award 
Name Award 
Bernard Looney 2,218,853 ordinary shares 
Murray Auchincloss 1,122,009 ordinary shares 
These awards will vest in three years and in proportion to the outcomes measured through the performance scorecard, 
with a holding period that requires the shares to be retained for a further three years. 
 
1             Details of the person discharging managerial responsibilities/person closely associated 
a)            Name                              Bernard Looney 
2             Reason for the notification 
a)            Position/status                   Chief executive officer / Director 
b)            Initial notification/Amendment    Initial notification 
3             Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction 
              monitor 
a)            Name                              BP p.l.c. 
b)            LEI                               213800LH1BZH3DI6G760 
4             Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of 
              transaction; (iii) each date; and (iv) each place where transactions have been conducted 
a)            Description of the financial      Ordinary shares of USD0.25 
              instrument, type of instrument 
                                                GB0007980591 
              Identification code 
b)            Nature of the transaction         2,218,853 performance share units (in the form of ordinary shares) 
                                                awarded under the bp Executive Directors' Incentive Plan. 
c)            Price(s) and volume(s)            Price(s) 
                                                Volume(s) 
                                                Nil consideration 
                                                2,218,853 
d)            Aggregated information            2,218,853 
              - Volume                          Nil consideration. Market value GBP3.01 
              - Price                           Nil. Market value GBP6,678,747.53 
              - Total 
e)            Date of the transaction           1 June 2021 
f)            Place of the transaction          Outside a trading venue 
1             Details of the person discharging managerial responsibilities/person closely associated 
a)            Name                              Murray Auchincloss 
2             Reason for the notification 
a)            Position/status                   Chief financial officer / Director 
b)            Initial notification/Amendment    Initial notification 
3             Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction 
              monitor 
a)            Name                              BP p.l.c. 
b)            LEI                               213800LH1BZH3DI6G760 
4             Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of 
              transaction; (iii) each date; and (iv) each place where transactions have been conducted 
a)            Description of the financial      Ordinary shares of USD0.25 
              instrument, type of instrument 
                                                GB0007980591 
              Identification code 
b)            Nature of the transaction         1,122,009 performance share units (in the form of ordinary shares) 
                                                awarded under the bp Executive Directors' Incentive Plan. 
c)            Price(s) and volume(s)            Price(s) 
                                                Volume(s) 
                                                Nil consideration 
                                                1,122,009 
d)            Aggregated information            1,122,009 
              - Volume                          Nil consideration. Market value GBP3.01 
              - Price                           Nil. Market value GBP3,377,247.09 
              - Total 
e)            Date of the transaction           1 June 2021 
f)            Place of the transaction          Outside a trading venue This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

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2021-06-02 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de -----------------------------------------------------------------------------------------------------------------------

1203663 2021-06-02


 
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June 02, 2021 06:00 ET (10:00 GMT)