TOKYO, Japan, August 29, 2017― Renesas Electronics Corporation (“Renesas”, TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced that it has resolved at the Meeting of Board of Directors held on August 29, 2017, certain subscription items for stock acquisition rights to be issued as stock options for employees of Renesas subsidiaries. Renesas has also determined items regarding taking applications or persons who will receive these stock options. The terms and conditions are as outlined below.
[Outline of Resolutions]
- For employees of a Renesas subsidiary located in Japan, Renesas will accept applications for persons who will receive the " Renesas Electronics Corporation Stock Options for FY2017 (Series No.5)", and will grant those stock options on September 14, 2017 (Japan Standard Time).
- For employees of a Renesas subsidiary located outside Japan, Renesas will accept applications for persons who will receive the " Renesas Electronics Corporation Stock Options for FY2017 (Series No.6)", and will grant those stock options on September 14, 2017 (Japan Standard Time).
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About Renesas Electronics Corporation
Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power,and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future.Learn more at renesas.com.Follow us on LinkedIn, Facebook, Twitter, and YouTube.
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