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Sony Corp (SON)

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Thursday 20 November, 2014

Sony Corp

Determination of Final Terms of Stock Acquisiti...

Determination of Final Terms of Stock Acquisition Rights for the Purpose of Granting Stock Options

Sony Corporation

Sony Corporation
1-7-1 Konan, Minato-ku
Tokyo, 108-0075 Japan

November 20, 2014

Determination of Final Terms of Stock Acquisition Rights for the Purpose of Granting Stock Options

Sony Corporation (the “Corporation”) announced today that the final terms of stock acquisition rights (“Stock Acquisition Rights”) for the purpose of granting stock options, which issues were resolved at the meeting of its Board of Directors held on October 30, 2014, have been fixed as set forth below.

The Twenty-Eighth Series of Stock Acquisition Rights

1. Aggregate number of Stock Acquisition Rights:

8,804

2. Persons to whom Stock Acquisition Rights will be allocated and number of Stock Acquisition Rights to be allocated:

          Number of persons
(Number of Stock Acquisition Rights)
Corporate executive officers of the Corporation 7 (2,500)
Employees of the Corporation 158 (3,068)
Directors of the subsidiaries of the Corporation 67 (1,608)
Employees of the subsidiaries of the Corporation 136 (1,628)
Total: 368 (Total: 8,804)
 

3. Payment in exchange for Stock Acquisition Rights:

Stock Acquisition Rights are issued without payment of any consideration to the Corporation.

4. Class and number of shares to be issued or transferred upon exercise of Stock Acquisition Rights:

880,400 shares of common stock of the Corporation
The number of shares to be issued or transferred upon exercise of each Stock Acquisition Right shall be 100 shares.

5. Amount of assets to be contributed upon exercise of Stock Acquisition Rights:

241,050 yen per Stock Acquisition Right
(2,410.5 yen per share) (Exercise Price)

The Twenty-Ninth Series of Stock Acquisition Rights

1. Aggregate number of Stock Acquisition Rights:

10,120

2. Persons to whom Stock Acquisition Rights will be allocated and number of Stock Acquisition Rights to be allocated:

          Number of persons
(Number of Stock Acquisition Rights)
Corporate executive officers of the Corporation 1 (2,000)
Employees of the Corporation 1 (10)
Directors of the subsidiaries of the Corporation 23 (2,716)
Employees of the subsidiaries of the Corporation 533 (5,394)
Total: 558 (Total: 10,120)
 

3. Payment in exchange for Stock Acquisition Rights:

Stock Acquisition Rights are issued without payment of any consideration to the Corporation.

4. Class and number of shares to be issued or transferred upon exercise of Stock Acquisition Rights:

1,012,000 shares of common stock of the Corporation
The number of shares to be issued or transferred upon exercise of each Stock Acquisition Right shall be 100 shares.

5. Amount of assets to be contributed upon exercise of Stock Acquisition Rights:

2,067.00 U.S. dollars per Stock Acquisition Right
(20.67 U.S. dollars per share) (Exercise Price)


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