Contents - MiTAC

3.10 Employee Stock Options
3.10.1 Overview of Employee Stock Options
Category 2001, First Issue of Employee Stock Options
Executive Approval Date September 13, 2001
Issuance Date October 18, 2001
Issuance Units 99,000
Number of Shares for Purchase as
Proportion of Total Shares Issued
9.50%
Shareholding Period 6 years
Method of Provision Issuance of new shares
Period and Proportional Limitations
on Exercise of Options (%)
Note: To the quarter completed prior to the printing date of this annual report.
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April 1, 2003
3.10.2 Names of Managers With Employee Stock Option Vouchers and Employees Among
Top Ten In Terms of Number of Shares For Which Options are Held and Whose
Purchase Value is at Least NT$30 Million, Options Acquired, Status of Options
Title Name
No. of shares
acquired
Option
Persons exercising stock options must do so in accordance with the timing
specified by item 2 under the Article 5 of these procedures exercise these
rights, and complete an application form for doing so, presenting this to the
company's stock agency for processing, with right to exercise suspended
during a period commencing at least three business days prior to a legal
transfer or rights, the date of declaration by the Company to the Taiwan
Securities Exchange of intent to disburse a stock dividend or cash interest
on stock, until the day appointed for disbursement of the same.
Number of Shares Already Acquired
23,466,000 shares
Through Exercised Options
Value of Stocks in Exercised Options NT$ 218,232,000
Number of Shares In Unexercised
75,534,000 shares
Options
Exercise Price of Unexercised
NT$ 9.3/share
Options
Number of Shares In Unexercised
Options as Share of Total Issued 7.1%
Shares
Persons with stock option rights conferred by the Company may only
exercise such rights in accordance with the timetable specified in these
Impact on Stockholder equity
regulations, and only after a period of two years has elapsed since the
option voucher was issued to the employee. Therefore, there will be no
significant dilution of earnings per share, nor compromises to stockholder
equity.
No. of Shares
in Acquired
Options as
No. of Shares Price Amount
Percentage of
Total Shares
April 1, 2003
Already Exercised Not Exercised
No. of Shares
as % of Total
Issued Shared
No. of
Shares
Price Amount
No. of Shares
as % of Total
Issued Shared
CEO Matthew Miau
Corporate
President
Francis Tsai
8,500,000 0.80% 0 -- 0 0.00% 8,500,000 9.3 79,050,000 0.80%
General
Manager
Billy Ho
Vice GM C.J. Lin
Vice GM C.S. Chen
Vice GM C.H. Wang
Vice GM Percy Chen
Vice GM Gino Chang
Vice GM James Yuan
Vice GM
Vice GM
Samuel Wang
Tod Chang
9,380,000 0.88% 845,000 9.3 7,858,500 0.74% 8,535,000 9.3 79,375,500 0.80%
Vice GM Stone Chen
Vice GM Michael Lin
Vice GM Stone Lin
Vice GM Raymond Lee
Vice GM Jack Kuo
Vice GM C.P. Lee
Note: To the quarter completed prior to the printing date of this annual report.