Notice Regarding the Terms and Conditions Concerning the Issuance of Stock-Compensation-Type Stock Options (Stock Acquisition...
10 July 2014 - 7:03PM
Internet Initiative Japan Inc. ("IIJ", the "Company") (Nasdaq:IIJI)
(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 25, 2014, to be
allotted to Directors (excluding Part-time and Outside Directors)
and Executive Officers of IIJ, as follows.
- Total number of Stock Acquisition Rights 128 rights
- Class and total number of shares underlying the Stock
Acquisition Rights 25,600 shares of the Company's
common stock (the number of shares to be issued or transferred for
each Stock Acquisition Rights shall be 200 shares)
- Amount to be paid in exchange for the Stock Acquisition Rights
JPY422,600 per Stock Acquisition Rights (JPY2,113 per share of
common stock) The Stock Acquisition Rights 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.
- Person to be allotted the stock acquisition rights, number of
person, and number of stock acquisition rights to be allotted:
Directors (excluding Part-time and Outside
Directors) of IIJ |
7 Directors |
88 rights |
Executive Officers of IIJ |
10 Executive Officers |
40 rights |
About IIJ
Founded in 1992, Internet Initiative Japan Inc. is one of
Japan's leading Internet-access and comprehensive network solutions
providers. IIJ and its group companies provide total network
solutions that mainly cater to high-end corporate customers. The
company's services include high-quality systems integration and
security services, Internet access, and cloud computing. Moreover,
the company has built one of the largest Internet backbone networks
in Japan that is connected to the United States and the United
Kingdom. IIJ listed on NASDAQ in 1999 and on the First Section of
the Tokyo Stock Exchange in 2006. For more information about IIJ,
visit the IIJ Web site at http://www.iij.ad.jp/en/.
The statements within this release contain forward-looking
statements about our future plans that involve risk and
uncertainty. These statements may differ materially from actual
future events or results. Readers are referred to the documents
furnished by Internet Initiative Japan Inc. with the SEC,
specifically the most recent reports on Forms 20-F and 6-K, which
identify important risk factors that could cause actual results to
differ from those contained in the forward-looking statements.
CONTACT: IIJ Investor Relations
Tel: +81-3-5205-6500
E-mail: ir@iij.ad.jp
URL: http://www.iij.ad.jp/en/ir
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