Notice Regarding the Terms and Conditions Concerning the Issuance of Stock-Compensation-Type Stock Options (Stock Acquisition...
July 13 2018 - 5:02AM
Internet Initiative Japan Inc. ("IIJ", the "Company") (NASDAQ:IIJI)
(TSE1:3774) hereby announces that it has determined the remaining
terms and conditions concerning the issuance of
stock-compensation-type stock options (“Stock Acquisition Rights”),
resolved by the IIJ’s Board of Directors on June 28, 2018, to be
allotted to Directors (excluding Part-time and Outside Directors)
and Executive Officers of IIJ, as follows.
- Total number of Stock Acquisition Rights163 rights
- Class and total number of shares underlying the Stock
Acquisition Rights32,600 shares of the Company’s common stock (the
number of shares to be issued or transferred for each Stock
Acquisition Rights shall be 200 shares)
- Amount to be paid in exchange for the Stock
Acquisition RightsJPY347,600 per Stock Acquisition Rights (JPY1,738
per share of common stock)The Stock Acquisition Rights are allotted
to Directors (excluding Part-time and Outside Directors) and
Executive Officers of IIJ by offsetting their monetary remuneration
claims against the Company and their obligations to pay for the
allotment of the Stock Acquisition Rights.
- Persons to be allotted the stock acquisition rights,
number of persons, and number of stock acquisition rights to be
allotted:
|
Directors (excluding Part-time and Outside Directors) of IIJ |
7
Directors |
112
rights |
|
Executive Officers of IIJ |
11
Executive Officers |
51
rights |
About IIJ
Founded in 1992, IIJ is one of Japan's leading
Internet-access and comprehensive network solutions providers. IIJ
and its group companies provide total network solutions that mainly
cater to high-end corporate customers. IIJ's services include
high-quality Internet connectivity services, systems integration,
cloud computing services, security services and mobile services.
Moreover, IIJ has built one of the largest Internet backbone
networks in Japan that is connected to the United States, the
United Kingdom and Asia. IIJ listed on the U.S. NASDAQ Stock Market
in 1999 and on the First Section of the Tokyo Stock Exchange in
2006.
The statements within this release contain forward-looking
statements about our future plans that involve risk and
uncertainty. These statements may differ materially from actual
future events or results. Readers are referred to the documents
furnished by Internet Initiative Japan Inc. with the SEC,
specifically the most recent reports on Forms 20-F and 6-K, which
identify important risk factors that could cause actual results to
differ from those contained in the forward-looking statements.
For inquiries, contact:IIJ Investor
RelationsTel: +81-3-5205-6500 E-mail: ir@iij.ad.jp URL:
https://www.iij.ad.jp/en/ir
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