(1) | At the shareholders’ meeting held on March 24, 2017, the Parent Company established a share option program that entitles key management personnel the option to purchase common shares of the Parent Company. The terms and conditions related to the grants of the share options under the share option program are as follows: |
Series | ||||||
1-1 | 1-2 | 1-3 | ||||
Grant date |
March 24, 2017 | |||||
Types of shares to be issued |
66,504 of registered common shares | |||||
Grant method |
Reissue of treasury shares | |||||
Number of shares (in shares) |
22,168 | 22,168 | 22,168 | |||
Exercise price (in won) |
246,750 | 266,490 | 287,810 | |||
Exercise period |
Mar. 25, 2019 ~ Mar. 24, 2022 |
Mar. 25, 2020 ~ Mar. 24, 2023 |
Mar. 25, 2021 ~ Mar. 24, 2024 |
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Vesting conditions |
2 years’ service from the grant date |
3 years’ service from the grant date |
4 years’ service from the grant date |