Notice Regarding the Terms and Conditions Concerning the Issuance of Stock-Compensation-Type Stock Options (Stock Acquisition Rights)
Company name: Internet Initiative Japan Inc.
TOKYO, July 15, 2021 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (“IIJ”, the “Company”, 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 29, 2021, to be allotted to Directors (excluding Part-time and Outside Directors) and Executive Officers of IIJ, as follows.
1. Total number of Stock Acquisition Rights
2. Class and total number of shares underlying the Stock Acquisition Rights
3. Amount to be paid in exchange for the Stock Acquisition Rights
The Stock AcquisitionRights 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.
4. Persons to be allotted the stock acquisition rights, number of persons, and number of stock acquisition rights to be allotted:
About Internet Initiative Japan Inc.