TOKYO, Jun 23 (Pulse News Wire) – ArtNature Inc. (7823.T) resolved at its June 23 board meeting to issue equity compensation options to its six executive directors, excluding outside directors.
The company plans to offer 517 stock options, each allowing the holder to purchase 100 ordinary shares upon exercise. The options will be exercisable from July 9, 2026, until July 8, 2076. Under the plan, executives can exercise their options within ten days of losing their director positions, or within one year of death if inherited by spouses or close relatives.
The exercise price per share will be determined based on the Black-Scholes model on the grant date, July 8, 2026. Payment for the options can be made through offset against owed remuneration rather than cash. ArtNature noted that exercising these options would increase capital by up to half of the calculated capital limit according to company regulations, rounding up any fractional amounts.
Additionally, the company reserves the right to acquire unexercised options free of charge under certain conditions, such as organizational restructuring or changes in shareholder agreements.
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