Suzuki 2015 Annual Report Download - page 62

Download and view the complete annual report

Please find page 62 of the 2015 Suzuki annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 72

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72

60 SUZUKI MOTOR CORPORATION
Consolidated Financial Statements
NOTE 14: Stock option plan
The Company adopts stock option plan by using subscription rights to shares.
The plan was adopted at the Ordinary General Meeting of Shareholders and meeting of the Board of Directors held on 28 June 2012, 27
June 2013 and 27 June 2014 based on The Company Act of Japan.
The details of the plan were as follows:
1. Resolution date
28 June 2012
2. Category and number of people to whom stock options are granted
10 Directors of The Company (excluding Outside Directors)
6 Managing Ofcers who do not concurrently serve as Directors
3. Class of shares that are the subject of subscription rights to shares
Common stock of The Company
4. Number of shares
67,000 shares
5. Amount to be paid for subscription rights to shares
1 yen per 1 share
6. Period during which subscription rights to shares can be exercised
From 21 July 2012 to 20 July 2042
7. Terms of exercise of subscription rights to shares
(1) A person who is allocated subscription rights to shares shall be able to exercise share subscription rights only up until
10th day (the next business day if the 10th day falls on a non-business day) from the day immediately following the date
of resignation as The Company’s Director as well as the Senior Managing Ofcer or Managing Ofcer without the role of
Director being served concurrently.
(2) If a person who is allocated subscription rights to shares was dead, heir may exercise the rights.
8. Matters relating to assignment of subscription rights to shares
The acquisition of subscription rights to shares by assignment shall require the approval of the Board of Directors of The
Company.
9. Matters relating to subrogation payment
None
1. Resolution date
27 June 2013
2. Category and number of people to whom stock options are granted
7 Directors of The Company (excluding Outside Director)
10 Senior Managing Ofcers and Managing Ofcers who do not concurrently serve as Directors
3. Class of shares that are the subject of subscription rights to shares
Same to the plan adopted at 28 June 2012
4. Number of shares
42,000 shares
5. Amount to be paid for subscription rights to shares
Same to the plan adopted at 28 June 2012
6. Period during which subscription rights to shares can be exercised
From 20 July 2013 to 19 July 2043
7. Terms of exercise of subscription rights to shares
Same to the plan adopted at 28 June 2012
8. Matters relating to assignment of subscription rights to shares
Same to the plan adopted at 28 June 2012
9. Matters relating to subrogation payment
Same to the plan adopted at 28 June 2012