Nissan 2008 Annual Report Download - page 73

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71
Nissan Annual Report 2008
Company name Calsonic Kansei Corporation Calsonic Kansei Corporation Calsonic Kansei Corporation
2003 Stock Options 2004 Stock Options 2005 Stock Options
The company’s directors: 9
The company’s employees: 103
Directors of the company’s
subsidiaries: 14
Total: 126
Common stock
1,304,000 shares
August 6, 2003
Those who hold share subscription
rights must remain employees or
directors of the company, its
subsidiaries, or affiliates until the
beginning of the exercise period.
From August 6, 2003 to June 30,
2005
From July 1, 2005 to June 30,
2010
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: 9
The company’s employees: 148
Directors of the company’s
subsidiaries: 15
Employee of the company’s
subsidiaries: 1
Total: 173
Common stock
1,954,000 shares
October 6, 2004
Those who hold share subscription
rights must remain employees or
directors of the company, its
subsidiaries, or affiliates until the
beginning of the exercise period.
From October 6, 2004 to June 30,
2006
From July 1, 2006 to June 30,
2011
The company’s directors: 9
The company’s employees: 164
Directors of the company’s
subsidiaries: 15
Employee of the company’s
subsidiaries: 1
Total: 189
Common stock
1,985,000 shares
December 5, 2005
Those who hold share subscription
rights must remain employees or
directors of the company, its
subsidiaries, or affiliates until the
beginning of the exercise period.
From December 5, 2005 to June
30, 2007
From July 1, 2007 to June 30,
2012
(2) Changes in the size of stock options
The following describes changes in the size of stock options that existed during the year ended March 31, 2007. The number of stock
options is translated into the number of shares.
1) Number 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
Share subscription rights
which are not yet vested
(shares):
As of March 31, 2006 — 10,078,000 13,150,000 —
Granted — — — 13,075,000
Forfeited — — 4,728,000 75,000
Vested — 10,078,000 — —
Balance of options not
vested — — 8,422,000 13,000,000
Share subscription rights
which have already been
vested (shares):
As of March 31, 2006 8,655,500 — — —
Vested — 10,078,000 — —
Exercised 1,434,100 690,400 — —
Forfeited 20,000 109,500 — —
Balance of options
not exercised 7,201,400 9,278,100 — —