Elan Corporation
Notice Regarding Finalization of Details for Stock-Based Compensation Stock Options
Announcement of finalized details for stock-based compensation stock options for employees and directors/executive officers of a subsidiary. Total options: 120 units; allocations: 21 employees 105 units, 2 subsidiary directors 10 units, 1 subsidiary executive officer 5 units. Payment amount per unit is 72,900 yen, and 12,000 shares of common stock are allocated.
Key Figures
- Total number of stock acquisition rights: 120 units
- Payment amount for stock acquisition rights: 72,900 yen
- Type and number of shares: Our common stock 12,000 shares
AI要約
Overview
The allocation details for stock-based compensation stock options have been finalized: 105 units allocated to 21 employees, 10 units allocated to 2 subsidiary directors, and 5 units allocated to 1 subsidiary executive officer. The total number of stock acquisition rights is 120 units. The payment amount is 72,900 yen per unit, and the shares to be issued are 12,000 shares of common stock.
Payment Amount and Share Conditions
The payment amount for the stock acquisition rights is 72,900 yen (729 yen per share), and the fair value was calculated using the Black-Scholes model. Payment amounts will be offset against remuneration claims. The basis for determining the fair value as of the allocation date is specified.
Elan Corporation
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