14 March, 2014 – The following employees and primary insiders of Asetek A/S (“Asetek”) have today exercised options and subsequently sold the acquired shares at a price of NOK 39.00 per share. The options have all been granted as components of the compensation packages offered to the employees:
Ole Madsen, VP of Engineering and Quality, sold 25,000 shares. After the transactions, Mr. Madsen retains 85,889 options and warrants as well as 5,400 shares.
Scott Chambers, Snr. director of Marketing, sold 10,000 shares. After the transactions, Mr. Chambers retains 24,800 options and warrants.
Csaba Vesei, Snr. director of Operations, sold 10,000 shares. After the transactions, Mr. Vesei retains 23,000 options and warrants.
John Hamill, VP of Global Sales, sold 8,000 shares. After the transactions, Mr. Hamill retains 116,900 options and warrants as well as 9,600 shares.
For further information, please contact:
Andre S. Eriksen, Chief Executive Officer
Mobile: +1 408 398 7437, e-mail: firstname.lastname@example.org
Peter Dam Madsen, Chief Financial Officer
Mobile: +1 408 813 4147, e-mail: email@example.com