GI Innovation Files Correction Report on Stock Option Grants – Slight Adjustment in Grantees and Shares
Correction filing: Initial grant on 2025.03.31 (9 persons, 153,982 shares) → corrected on 2026.05.13 (8 persons, 142,984 shares) due to resignation etc.
Total outstanding after correction: 3,999,438 shares → 4,558,350 shares (increase)
Exercise period: Tranche 1 (57,192 shares): 2-3 years from grant date; Tranche 2 (85,792 shares): 4-3 years from grant date
Exercise price: 15,110 won (as of 2025.03.31)
Fair value (binomial model): Tranche 1: 4,255 won, Tranche 2: 5,933 won
Grant purpose: Long-term retention of key talent and recruitment of external excellent personnel
KOSDAQ Filing Information
Filing: [Correction of Description] Report on Grant of Stock Options