TOKYO, Japan, April 3, 2017― Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced it has finalized the undetermined items of the stock acquisition rights to be issued as stock options in accordance with the resolution of the Meeting of Board of Directors held on March 13, 2017, as follows.
I. Renesas Electronics Corporation Stock Options for FY2017 (Series No.1)
- Total number of stock acquisition rights: 15,041
- Amount to be paid in exchange for stock acquisition rights:
116,700 yen per one stock acquisition right (1,167 yen per share) - Persons eligible for the allotment of stock acquisition rights, the number of persons and the number of stock acquisition rights to be allotted:
15,041 stock acquisition rights will be granted to two directors (excluding outside directors), eight corporate officers and 342 employees of Renesas, as well as four directors (excluding outside directors) and 205 employees of Renesas subsidiaries located in Japan.
II. Renesas Electronics Corporation Stock Options for FY2017 (Series No.2)
- Total number of stock acquisition rights: 41,574
- Persons eligible for the allotment of stock acquisition rights, the number of persons and the number of stock acquisition rights to be allotted:
41,574 stock acquisition rights will be granted to three corporate officers of Renesas and 16 directors (excluding outside directors) and 685 employees of Renesas subsidiaries located outside Japan.
About Renesas Electronics Corporation
Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future. Learn more at renesas.com. Follow us on LinkedIn, Facebook, Twitter, and YouTube.
The content in the press release, including, but not limited to, product prices and specifications, is based on the information as of the date indicated on the document, but may be subject to change without prior notice.