gsk201403066k.htm
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For period ending March 2014
GlaxoSmithKline plc
(Name of registrant)
980 Great West Road, Brentford, Middlesex, TW8 9GS
(Address of principal executive offices)
Indicate by check mark whether the registrant files or
will file annual reports under cover Form 20-F or Form 40-F
Form 20-F x Form 40-F
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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
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Notification of Transactions of Directors and Persons Discharging Managerial Responsibility
GlaxoSmithKline Deferred Annual Bonus Plan
Withholding of shares to meet tax liabilities
The table below sets out changes in the interests of PDMRs in the American Depositary Shares (ADS) of GlaxoSmithKline plc arising from the withholding of ADSs at a fair market value of $55.80 per ADS to meet tax liabilities following the vesting of the post-tax awards granted under the GlaxoSmithKline 2009 Deferred Annual Bonus Plan (DABP). Vesting of these awards was announced on 14 February 2014 following the date the Remuneration Committee determined the level of vesting. These post-tax awards formally vested on the third anniversary of the award date which was 4 March 2014.
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Number of ADSs withheld to meet tax liabilities following the vesting of a DABP award
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Ms D Connelly
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123
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Mr W Louv
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308
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The Company and the PDMRs were advised of these transactions on 5 March 2014.
This notification relates to transactions notified in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).
V A Whyte
Company Secretary
6 March 2014
SIGNATURES
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 authorised.
GlaxoSmithKline plc
(Registrant)
Date: March 06, 2014
By: SIMON BICKNELL
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Simon Bicknell
Authorised Signatory for and on
behalf of GlaxoSmithKline plc