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76 HOYA Annual Report 2009
No. 14
STOCK OPTION PLANS
1. Description of Stock Option
(1) Description of Stock Option Plans
3rd stock
subscription rights
4th stock
subscription rights
5th stock
subscription rights
Type and number
of recipients (Note 1)
Directors of the Company 8 Directors of the Company 8 Directors of the Company 8
Directors of subsidiaries 14 Directors of subsidiaries 5 Directors of subsidiaries 13
Employees of the Company 60 Employees of the Company 54 Employees of the Company 85
Employees of subsidiaries 35 Employees of subsidiaries 43 Employees of subsidiaries 77
Number of stock options by
type of stock to be issued Common stock 700,000 Common stock 635,600 Common stock 890,000
Grant date December 12, 2003 December 13, 2004 January 1, 2006
Vesting requirements
Remain employed from the grant
date (December 12, 2003) to the end
of the vesting period.
Remain employed from the grant
date (December 13, 2004) to the end
of the vesting period.
Remain employed from the grant
date (January 1, 2006) to the end of
the vesting period.
Service period From the grant date to the end of
the vesting period.
From the grant date to the end of
the vesting period.
From the grant date to the end of
the vesting period.
Exercise period (Note 2) From October 1, 2004 to September
30, 2008
From October 1, 2005 to September
30, 2009
From October 1, 2006 to September
30, 2015
6th stock
subscription rights
7th stock
subscription rights
8th stock
subscription rights
9th stock
subscription rights
Type and number
of recipients
Directors of the Company 8 Directors of the Company 8 Directors of the Company 9
Directors of subsidiaries 73 Directors of subsidiaries 28 Directors of subsidiaries 1
Employees of the Company 12 Employees of the Company 86
Employees of subsidiaries 88 Employees of subsidiaries 10
Number of stock options by
type of stock to be issued Common stock 780,800 Common stock 77,600 Common stock 1,036,000 Common stock 60,000
Grant date November 7, 2006 November 14, 2007 November 28, 2008 February 24, 2009
Vesting requirements
Remain employed from the grant
date (November 7, 2006) to the end
of the vesting period.
Remain employed from the grant
date (November 14, 2007) to the end
of the vesting period.
Remain employed from the grant
date (November 28, 2008) to the end
of the vesting period.
Remain employed from the grant
date (February 24, 2009) to the end
of the vesting period.
Service period From the grant date to the end of
the vesting period.
From the grant date to the end of
the vesting period.
From the grant date to the end of
the vesting period.
From the grant date to the end of
the vesting period.
Exercise period From October 1, 2007 to September
30, 2016
From October 1, 2008 to September
30, 2017
From October 1, 2009 to September
30, 2018
From October 1, 2009 to September
30, 2018
Notes: 1. Number of stock options is expressed in number of shares to be issued upon exercise. The number of shares to be issued has been adjusted taking into account
a four-for-one stock split for common stock as of November 15, 2005.
2. Exercise of stock options during the exercise period is subject to terms and conditions stipulated in the agreement of allotment of stock subscription rights
entered into with respective recipients.