KT CORP | CIK:0000892450 | 3

  • Filed: 4/30/2018
  • Entity registrant name: KT CORP (CIK: 0000892450)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/892450/000119312518141554/0001193125-18-141554-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/892450/000119312518141554/kt-20171231.xml
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  • ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory

    24. Share-based Payments

    Details of share-based payments as of December 31, 2017, are as follows:

     

         11th

    Grant date

       July 27, 2017

    Grantee

       CEO, inside directors, outside directors, executives

    Vesting conditions

      

    Service condition: 1 year

    Non-market performance condition: achievement of performance

    Fair value per option (in Korean won)

       34,400

    Total compensation costs (in Korean won)

       6,483 million

    Estimated exercise date (exercise date)

      

    After July 27, 2018

    Valuation method

       Fair value method

     

    Changes in the number of stock options and the weighted-average exercise price as of December 31, 2016 and 2017, are as follows:

     

         2016  
         Beginning      Granted      Expired      Forfeited      Exercised1      Ending      Number of
    shares
    exercisable
     

    9th grant

       263,123      54,913      181,685      —        136,351      —        —    

    10th grant

         —          318,506        —          —          —          318,506        —    
      

     

     

        

     

     

        

     

     

        

     

     

        

     

     

        

     

     

        

     

     

     

    Total

       263,123      373,419      181,685      —        136,351      318,506      —    
      

     

     

        

     

     

        

     

     

        

     

     

        

     

     

        

     

     

        

     

     

     

     

         2017  
         Beginning      Granted      Expired      Forfeited      Exercised1      Ending      Number of
    shares
    exercisable
     

    10th grant

       318,506      —        193,094      —        125,412      —        —    

    11th grant

         —          316,949        —          —          —          316,949        —    
      

     

     

        

     

     

        

     

     

        

     

     

        

     

     

        

     

     

        

     

     

     

    Total

       318,506      316,949      193,094      —        125,412      316,949      —    
      

     

     

        

     

     

        

     

     

        

     

     

        

     

     

        

     

     

        

     

     

     

     

      1 The weighted average price of ordinary shares at the time of exercise during 2017 was 31,797 (2016: 31,750).