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Tow (4767) · InitiativeExercise of 80,000 shares under 2013 stock options

Issuance of Stock Acquisition Rights for Directors and Employees

First written in FY2017-Q2. 1 of 6 entries say "Restated". Latest entry: FY2023.

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ProgressHeldSoftenedWorseFirst statedFY2017-Q2 – FY2017AdvancedFY2018-Q2OtherFY2019 – FY20232017: 220172018: 120182019: 120192020: 020202021: 020212022: 120222023: 12023
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  1. FY2023Exercise of 80,000 shares under 2013 stock optionsAnnual report

    「2013 stock options① (8th Series A stock acquisition rights): vested 80,000; exercised 80,000; unexercised balance: —」

    Under the 2013 Series A stock options, 80,000 shares vested and were exercised, leaving no unexercised balance.
  2. FY2022Vesting, exercise and lapse of 2016 stock optionsAnnual report

    「2016 stock options: vested 421,600; exercised 374,800; lapsed 46,800; unexercised balance: —」

    Under the 2016 stock options, 421,600 shares vested, 374,800 shares were exercised and 46,800 shares lapsed, leaving no unexercised balance.
  3. FY2019Lapse of rightsAnnual report

    「The decrease in the 2013 stock acquisition rights②, 2015 stock acquisition rights② and 2016 stock acquisition rights was due to the lapse of the rights.」

    The Company states that multiple rights under existing stock acquisition rights lapsed.
  4. FY2018-Q2AdvancedAnnual report

    「The stock acquisition rights issued during the second quarter accounting period were as follows.」

    The Company issued stock acquisition rights covering a total of 300,000 shares under the 11th and 12th series of stock acquisition rights. The exercise period is from 1 July 2023 to 31 March 2024, subject to conditions including consolidated ordinary profit of at least ¥2.5 billion for the fiscal year ended June 2022.
  5. FY2017RestatedAnnual report

    「2016 stock options: categories and numbers of eligible grantees: 87 employees of the Company; 17 employees of the Company's subsidiaries; number of stock options: common shares, 358,200 shares」

    The annual report confirms the eligible grantees and details of the 358,200 shares underlying the stock acquisition rights granted to directors, officers, employees and others.
  6. FY2017-Q2First statedAnnual report

    「The stock acquisition rights issued during the second quarter accounting period were as follows: Number of stock acquisition rights (rights): 3,582; number of shares underlying the stock acquisition rights (shares): 358,200; exercise period: 1 October 2021 to 31 March 2022.」

    The Company issued 3,582 stock acquisition rights to directors, officers and employees, covering 358,200 underlying shares, with an exercise period from 1 October 2021 to 31 March 2022.
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Issuance of Stock Acquisition Rights for Directors and Employees | TOW CO.,LTD. (4767) | Komori