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Share Issuance and Disposal4318QUICK CO.,LTD.Information and Communications, Services and Others

Notice Concerning the Introduction of a Restricted Stock Grant Plan for Employees

The Company resolved to introduce a plan under which monetary claims will be paid to employees and restricted shares will be granted in exchange for their contribution in kind. The specific terms, including the number of shares and amounts, will be determined by the Board of Directors going forward.

Worth reading
37Immaterial
Scored from 4 of 5 sections
Direction
Improvement
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Wording
Conditional
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Details of issuance or disposal

Issuance or disposal of common shares under the restricted stock grant plan

Intended allottee
Eligible employees (number of employees and number of shares: Not disclosed)
Conditions on transfer restrictions

Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.

Transfer restriction period
A predetermined period (number of years, start date, and end date: Not disclosed)
Reason for acquisition without consideration
If certain circumstances arise
Categories and Number of Persons Covered
Employees of the Company who meet certain conditions (number of employees and number of shares allotted: Not disclosed)
Intended allottee's holding policy
The shares may not be transferred, pledged, or otherwise disposed of during a predetermined period.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance or disposal of common shares under the restricted stock grant plan
Intended allotteeEligible employees (number of employees and number of shares: Not disclosed)
Intended allottee's holding policyThe shares may not be transferred, pledged, or otherwise disposed of during a predetermined period.
Transfer restriction periodA predetermined period (number of years, start date, and end date: Not disclosed)
Reason for acquisition without considerationIf certain circumstances arise
Categories and Number of Persons CoveredEmployees of the Company who meet certain conditions (number of employees and number of shares allotted: Not disclosed)
Items this document does not state (22)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsConditions for lifting transfer restrictionsTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

As part of its investment in human capital, the Company aims to enhance employee work engagement, provide incentives for improving corporate value over the medium to long term, foster employees’ awareness of their participation in management, and thereby contribute to sustainable growth in corporate value.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Introduction of a Restricted Stock Grant Plan for Employees | QUICK CO.,LTD. (4318) timely disclosure | Komori