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July 13, 2015
OKASAN SECURITIES GROUP INC.
Okasan Securities Group Inc. today finalized, as outlined below, details of share options in the form of stock options to be issued to directors of Okasan Securities Group (not including directors who are members of the audit and supervisory committee) and directors of its subsidiary Okasan Securities Co., Ltd. ("Subsidiary" hereinafter) as approved by the Board of Directors in its meeting held June 26, 2015.
1. Total number of share options
1,294
2. Persons granted share options and their numbers, and number of share options
Company directors (not including directors who are members of the audit and supervisory committee): 6 persons, 489
Subsidiary directors: 23 persons, 805
3. Amount to be paid in for share options
JPY71,500/share option (JPY715/share)
The above amount is a fair price calculated using the Black-Scholes model as of the allotment date of share options. When a recipient of share options pays the above amount, the amount will be offset against his or her claims for compensation from the Company.
4. Type and number of shares subject to share options
129,400 shares of Company common stock