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70 Nissan Annual Report 2008
The company’s directors: 9
The company’s employees: 37
Directors of the company’s
affiliates: 24
Total: 70
Common stock
1,500,000 shares
August 1, 2002
(1) Those who hold share subscrip-
tion rights (hereinafter “the holders”)
must remain employees or directors
of the company, its subsidiaries, or
affiliates until the beginning of the
exercise period.
(2) The company must achieve its
targeted results.
(3) The holders must achieve their
respective targets.
From August 1, 2002 to June 30,
2004
From July 1, 2004 to June 30,
2007
Category and number of
people to whom stock
options are granted
Type and number of
shares
Grant date
Vesting conditions
Vesting period
Exercise period
The Company’s
employees: 548
Directors of the Company’s
subsidiaries: 101
Employees of
the Company’s
subsidiaries: 5
Total: 654
Common stock
12,405,000 shares
May 7, 2003
(1) Those who hold share
subscription rights
(hereinafter “the holders”)
must remain employees
or directors of the Com-
pany, its subsidiaries, or
affiliates until the beginning
of the exercise period.
(2) The Company must
achieve its targeted results.
(3) The holders must
achieve their respective
targets.
From May 7, 2003 to
May 7, 2005
From May 8, 2005 to
May 8, 2010
The Company’s
employees: 590
Directors of the Company’s
subsidiaries: 96
Employees of
the Company’s
subsidiaries: 4
Total: 690
Common stock
12,770,000 shares
April 16, 2004
(1) Those who hold share
subscription rights
(hereinafter “the holders”)
must remain employees
or directors of the Com-
pany, its subsidiaries, or
affiliates until the beginning
of the exercise period.
(2) The Company must
achieve its targeted results.
(3) The holders must
achieve their respective
targets.
From April 16, 2004 to
April 16, 2006
From April 17, 2006 to
June 19, 2013
The Company’s
employees: 620
Directors of the Company’s
subsidiaries: 88
Employees of
the Company’s
subsidiaries: 4
Total: 712
Common stock
13,150,000 shares
April 25, 2005
(1) Those who hold share
subscription rights
(hereinafter “the holders”)
must remain employees
or directors of the Com-
pany, its subsidiaries, or
affiliates until the beginning
of the exercise period.
(2) The Company must
achieve its targeted results.
(3) The holders must
achieve their respective
targets.
From April 25, 2005 to
April 25, 2007
From April 26, 2007 to
June 23, 2014
The Company’s
employees: 456
Directors of the Company’s
subsidiaries: 72
Total: 528
Common stock
13,075,000 shares
May 8, 2006
(1) Those who hold share
subscription rights
(hereinafter “the holders”)
must remain employees
or directors of the Com-
pany, its subsidiaries, or
affiliates until the beginning
of the exercise period.
(2) The Company must
achieve its targeted results.
(3) The holders must
achieve their respective
targets.
From May 8, 2006 to
May 8, 2008
From May 9, 2008 to
June 20, 2015
For the year ended March 31, 2007 (from April 1, 2006 to March 31, 2007)
1. The account and the amount of stock options charged as expenses for the year:
Salaries and wages in Selling, general and administrative expenses ¥1,037 million
2. Description of stock options/Changes in the size of stock options
(1) Description of stock options
Company name The Company The Company The Company The Company
2003 Stock Options 2004 Stock Options 2005 Stock Options 2006 Stock Options
Category and number of
people to whom stock
options are granted
Type and number of
shares
Grant date
Vesting conditions
Vesting period
Exercise period
The company’s directors: 10
The company’s employees: 35
Directors of the company’s
affiliates: 26
Person specially designated
by the company: 1
Total: 72
Common stock
1,780,000 shares
August 18, 2003
(1) Those who hold share subscrip-
tion rights (hereinafter “the holders”)
must remain employees or directors
of the company, its subsidiaries, or
affiliates until the beginning of the
exercise period.
(2) The company must achieve its
targeted results.
(3) The holders must achieve their
respective targets.
From August 18, 2003 to June
30, 2005
From July 1, 2005 to June 30,
2008
The company’s directors: 3
The company’s employees: 53
Directors of the company’s
affiliates: 21
Person specially designated by the
company: 1
Total: 78
Common stock
1,700,000 shares
August 31, 2004
(1) Those who hold share subscrip-
tion rights (hereinafter “the holders”)
must remain employees or directors
of the company, its subsidiaries, or
affiliates until the beginning of the
exercise period.
(2) The company must achieve its
targeted results.
(3) The holders must achieve their
respective targets.
From August 31, 2004 to June
30, 2006
From July 1, 2006 to June 30,
2009
Company name Nissan Shatai Co., Ltd. Nissan Shatai Co., Ltd. Nissan Shatai Co., Ltd.
2002 Stock Options 2003 Stock Options 2004 Stock Options
(For share-based payments)