sn201203096k.htm
 
 
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549
 
 
Report of Foreign Private Issuer
 
 
Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of

1934
 
 
March 09, 2012 
 
Commission File Number 001-14978




SMITH & NEPHEW plc
(Registrant's name)



15 Adam Street

London, England WC2N 6LA
(Address of registrant's 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
    ---                               ---

[Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1).]


Yes                        No X
---                         ---

 
[Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7).]

 
Yes                      No X
---                         ---

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

 
Yes                  No X
---                   ---

 
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2 (b) : 82- n/a.







 
 
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 authorized.
 
 
Smith & Nephew Plc
(Registrant)
 
 
Date: March 09, 2012
 
 
By: /s/ Susan Henderson
-----------------
Susan Henderson
Company Secretary
 

 
 
 

9 March 2012

Smith & Nephew Plc (the "Company")

Employee Share Plans - Announcement of transaction in ordinary shares of
US$0.20 each


The Company announces that on 8 March 2012 conditional awards over shares were granted under the Smith & Nephew Global Share Plan 2010 to Directors / persons discharging managerial responsibility ("PDMRs") as detailed in the tables below. No consideration is payable for these awards.

1.  
PERFORMANCE SHARE AWARDS
 
 
 Name
Director/PDMR
Number of shares subject to award shown at target vesting
Olivier Bohuon
Director
133,652
Adrian Hennah
Director
88,585
John Campo
PDMR
28,317
Francisco Canal Vega
PDMR
27,266
Michael Frazzette
PDMR
31,772
R. Gordon Howe
PDMR
22,859
G. Kelvin Johnson
PDMR
24,249
Helen Maye
PDMR
24,316
Rosalind Rivaz
PDMR
21,062
Roger Teasdale
PDMR
26,527

Notes:

(i)
There are performance conditions attached to the vesting of performance share awards. These awards will vest on 8 March 2015, subject to the achievement of the performance conditions which are measured from 1 January 2012 to 31 December 2014.

(ii)  
The number of shares subject to above awards are shown at target vesting.  Should maximum vesting be achieved, participants will receive 2x the number of shares shown above.  Awards will vest on a straight line basis between target and maximum.




2.  
Equity Awards
 
 
Name
Director/PDMR
Number of shares subject to award
Olivier Bohuon
Director
91,446
Adrian Hennah
Director
46,623
John Campo
PDMR
25,743
Francisco Canal Vega
PDMR
24,787
Michael Frazzette
PDMR
31,772
R. Gordon Howe
PDMR
27,015
G. Kelvin Johnson
PDMR
24,249
Helen Maye
PDMR
28,737
Rosalind Rivaz
PDMR
19,147
Roger Teasdale
PDMR
26,527

Notes:

(i)  
The awards will normally vest in equal annual tranches over three years following the award date subject to continued achievement of objectives. In the event that objectives are not met in any of the three years, the portion of shares due to vest on the following anniversary will lapse.

This announcement is made in accordance with Disclosure & Transparency Rule 3.1.4(1)(a).  The transactions took place in London, UK.

9 March 2012

Contact:

Gemma Parsons
Deputy Company Secretary
Smith & Nephew plc
Telephone: +44 (0)20 7401 7646