| i. |
Movements during the years ended December 31, 2015, 2016 and 2017 |
The following table illustrates the number and weighted average exercise prices (“WAEP”) of, and movements in, outstanding stock options on a per-common-share basis during the year:
| 2015 | ||||||||||||||||
| Common Stock Options | Class A Stock Options | |||||||||||||||
| Number (shares) |
WAEP (yen per share) |
Number (shares) |
WAEP (yen per share) |
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|
Outstanding at January 1 |
20,217,500 | 481 | — | — | ||||||||||||
|
Granted during the period |
5,773,500 | 1,320 | — | — | ||||||||||||
|
Forfeited during the period |
(306,500 | ) | 1,178 | — | — | |||||||||||
|
Exercised during the period |
— | — | — | — | ||||||||||||
|
Expired during the period |
— | — | — | — | ||||||||||||
|
Conversion of Common Stock Options to Class A Stock Options |
(15,836,500 | ) | 558 | 15,836,500 | 558 | |||||||||||
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Outstanding at December 31 |
9,848,000 | 827 | 15,836,500 | 558 | ||||||||||||
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Exercisable at December 31 |
4,970,500 | 344 | 12,362,000 | 344 | ||||||||||||
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| 2016 | ||||||||||||||||
| Common Stock Options | Class A Stock Options | |||||||||||||||
| Number (shares) |
WAEP (yen per share) |
Number (shares) |
WAEP (yen per share) |
|||||||||||||
|
Outstanding at January 1 |
9,848,000 | 827 | 15,836,500 | 558 | ||||||||||||
|
Granted during the period |
— | — | — | — | ||||||||||||
|
Forfeited during the period |
(239,500 | ) | 1,137 | — | — | |||||||||||
|
Exercised during the period(1) |
(2,533,500 | ) | 691 | — | — | |||||||||||
|
Expired during the period |
— | — | — | — | ||||||||||||
|
Conversion of Class A Stock Options to Common Stock Options |
15,836,500 | 558 | (15,836,500 | ) | 558 | |||||||||||
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|
Outstanding at December 31 |
22,911,500 | 653 | — | — | ||||||||||||
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Exercisable at December 31 |
17,321,500 | 438 | — | — | ||||||||||||
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| 2017 | ||||||||||||||||
| Common Stock Options | Class A Stock Options | |||||||||||||||
| Number (shares) |
WAEP (yen per share) |
Number (shares) |
WAEP (yen per share) |
|||||||||||||
|
Outstanding at January 1 |
22,911,500 | 653 | — | — | ||||||||||||
|
Granted during the period |
2,386,000 | 4,206 | — | — | ||||||||||||
|
Forfeited during the period |
(7,000 | ) | 1,320 | — | — | |||||||||||
|
Exercised during the period(1) |
(19,713,500 | ) | 583 | — | — | |||||||||||
|
Expired during the period |
— | — | — | — | ||||||||||||
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Outstanding at December 31 |
5,577,000 | 2,421 | — | — | ||||||||||||
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Exercisable at December 31 |
3,191,000 | 1,086 | — | — | ||||||||||||
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| (1) |
The weighted average share price at the date of exercise of these options during the years ended December 31, 2016 and 2017 were 4,255 yen and 4,580 yen, respectively. |