ASICS Corporation
Notice Regarding the Grant of Restricted Stock Units (RSUs) with Transfer Restrictions under Stock Compensation Plan for Non-Residents
ASICS Corporation introduced a stock compensation plan for non-residents, granting Restricted Stock Units equivalent to 13,198 shares to two Executive Officers and 16,678 shares to four employees of overseas subsidiaries.
Key Figures
- Number of Executive Officers Eligible: 2 persons
- Units Granted to Executive Officers: Equivalent to 13,198 shares
- Number of Overseas Subsidiary Employees Eligible: 4 persons
- Units Granted to Overseas Subsidiary Employees: Equivalent to 16,678 shares
- Vesting Period: From February 13, 2026 until the board meeting scheduled in February 2028
AI要約
Overview of the Restricted Stock Unit Plan
ASICS Corporation has introduced a Restricted Stock Unit (RSU) plan for non-resident executive officers and certain overseas subsidiary employees, deciding to grant units equivalent to a total of 29,876 shares to six individuals. This plan grants RSUs as compensation for services rendered during the applicable period, conditioned on the recipients continuously holding their positions in the Company or its subsidiaries during the vesting period. Monetary claims are paid, and ordinary shares are delivered through in-kind contributions.
Grant Conditions and Treatment Upon Organizational Restructuring
If a recipient resigns or retires during the vesting period, or if an organizational restructuring occurs, rights to receive ordinary shares or cash will be granted based on conditions determined by the Company's Board of Directors. Recipients are not permitted to transfer or pledge share allocation rights under this plan, and rights will be forfeited in case of misconduct.
