News Center | Press Releases

Determination of details regarding the specific terms of Stock Acquisition Rights as Stock Options for a Stock-Linked Compensation Plan

Jul. 11, 2016

TDK Corporation (the “Company”) has announced the determination of the details regarding the specific terms of stock acquisition rights as stock options for a stock-linked compensation plan for Directors and Corporate Officers. The specific terms of these stock acquisition rights were resolved by a resolution of the Company’s Board of Directors on June 17, 2016.

 

  1. Total number of stock acquisition rights
    475
    The number of shares to be allotted to each stock acquisition right is 100 shares.
  2. Number of stock acquisition rights allotted and number of eligible persons
    236 stock acquisition rights will be allotted to 4 Directors (excluding Outside Directors) and 239 stock acquisition rights will be allotted to 14 Corporate Officers.
  3. Amount to be paid for stock acquisition rights
    ¥427,300 for each stock acquisition right
    ¥4,273 for each share
  4. Class and number of shares subject to the stock acquisition rights
    47,500 shares of the Company’s common stock
  5. Amount of assets to be invested when exercising stock acquisition rights
    ¥100 for each stock acquisition right
    ¥1 for each share

Contact for media

Contact Phone Mail
Mr. Sumio Marukawa TDK Corporation +81 3 6778-1055 TDK.PR@tdk.com