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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.
- Total number of stock acquisition rights
475
The number of shares to be allotted to each stock acquisition right is 100 shares. - 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. - Amount to be paid for stock acquisition rights
¥427,300 for each stock acquisition right
¥4,273 for each share - Class and number of shares subject to the stock acquisition rights
47,500 shares of the Company’s common stock - 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 | ||
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Mr. Sumio Marukawa | TDK Corporation | +81 3 6778-1055 | TDK.PR@tdk.com |