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Cancellation of Option Grants

25th Jul 2008 08:48

RNS Number : 8764Z
Samsung Electronics Co. Ld
25 July 2008
 



July 25, 2008

Cancellation of Option Grants

On July 25 of 2008, it was reported to the BOD of Samsung Electronics that seven former executives who retired in April 2008 gave up their stock options to purchase 11,610 common shares of the Company, by submitting the waiver

 Details 

Name

Relationship to the Company

Number of Shares

Subject to Option Cancellation

Kyung Do Kim

Former executive

1,145

Bong Nam Kim

Former executive

1,145

Sung Chil Park

Former executive

3,270

Jong Dae Park

Former executive

1,635

Hae Dong Oh

Former executive

1,145

Bum Il Lee

Former executive

1,635

Kyu Ha Jung

Former executive

1,635

Total Stock options granted as of July 25 of 20082,692,734 shares

(This excludes exercised, cancelled, and invalid stock options.)

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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