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Nissan Annual Report 2009 65
For the year ended March 31, 2009 (from April 1, 2008 to March 31, 2009)
1. The account and the amount of stock options charged as expenses for the year:
Salaries and wages in Selling, general and administrative expenses ¥381 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
2003 Stock Options 2004 Stock Options 2005 Stock Options
Company name The Company The Company The Company
2006 Stock Options 2007 Stock Options [1st] 2007 Stock Options [2nd]
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 sub-
scription 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 May 7, 2003 to May 7, 2005
From May 8, 2005 to May 8, 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 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 sub-
scription 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 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 sub-
scription 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 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
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 May 8, 2006 to May 8, 2008
From May 9, 2008 to June 20,
2015
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: 23
Common stock
680,000 shares
May 8, 2007
(1) Those who hold share
subscription 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 May 8, 2007 to May 8, 2009
From May 9, 2009 to June 26,
2016
The Company’s employees: 12
Common stock
360,000 shares
December 21, 2007
(1) Those who hold share
subscription 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 December 21, 2007 to
March 31, 2010
From April 1, 2010 to June 19,
2017