TOKYO, Jun 24 (Pulse News Wire) – Digital Garage,Inc. (4819.T) announced that its board of directors held , approved the issuance of stock options to its executives as part of their compensation package.
The company plans to issue up to 113,846 stock options, each exercisable for one share of common stock at a price of ¥1. The options will vest over a period beginning July 11, 2026, and expiring July 10, 2076. Under the agreement, the exercise price will adjust based on any future stock splits or consolidations occurring post-granting date.
Additionally, the capital increase resulting from option exercises will adhere to regulatory limits, with adjustments made accordingly. The company also outlined conditions for the forfeiture of unexercised options upon termination of employment or death of the recipient. In another development, the board decided that should the company undergo significant restructuring such as mergers or spin-offs, the surviving entity would inherit the outstanding options, subject to specific delivery terms detailed in the agreement.
🟡 Confidence: Standard AI-translated content.