PR TIMES Performance-Linked Stock Acquisition Rights and Restricted Stock Compensation
First written in FY2021. 1 of 4 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024-Q2.
The whole theme swung hardest in 2020: 2 of 16 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2024-Q2Extinguishment of the Sixth Series Stock Acquisition RightsAnnual report
「The exercise period for the Sixth Series Stock Acquisition Rights had not yet commenced, and the rights were extinguished pursuant to a resolution of the Board of Directors of PR TIMES dated 13 July 2023.」
Among PR TIMES’s performance-linked stock acquisition rights and other rights, the Sixth Series Stock Acquisition Rights were extinguished on 13 July 2023. - FY2024-Q1AdvancedAnnual report
「(a) If operating income exceeds ¥2,800 million: 50% of the stock acquisition rights granted; (b) if operating income exceeds ¥3,150 million: 75% of the stock acquisition rights granted; (c) if operating income exceeds ¥3,500 million: 100% of the stock acquisition rights granted.」
For the Ninth Series Stock Acquisition Rights, PR TIMES set exercise ratios in three stages, based on operating income for the fiscal years ending February 2025 through February 2027: ¥2,800 million, ¥3,150 million and ¥3,500 million. The Tenth Series Stock Acquisition Rights also include a condition that operating income for the fiscal year ending February 2026 exceed ¥2,500 million. - FY2023Issuance of new performance-based stock acquisition rightsAnnual report
「The stock acquisition rights may be exercised only if consolidated operating income stated in the annual securities report for the fiscal year ending February 2026 exceeds ¥2,500 million.」
In addition to the existing ¥2,800 million, ¥3,150 million and ¥3,500 million conditions, the Company resolved after the filing date to issue the Seventh and Eighth Series Stock Acquisition Rights, subject to consolidated operating income exceeding ¥2,500 million for the fiscal year ending February 2026. - FY2021First statedAnnual report
「The stock acquisition rights may be exercised if, in any fiscal year from the fiscal year ending February 2025 through the fiscal year ending February 2027, consolidated operating income stated in the annual securities report exceeds ¥2,800 million, ¥3,150 million or ¥3,500 million, as applicable.」
PR TIMES issued performance-linked stock acquisition rights based on operating income thresholds of ¥2,800 million, ¥3,150 million and ¥3,500 million, and also introduced a restricted stock compensation plan for officers, employees and directors.