1. Cancellation Details
- Number of person canceling grant : 2 persons
- Type and number of cancelled shares:
5,134 shares of registered common stock
2. Details of Cancelled Shares :
- Date of Grant: February 14, 2003
- Exercise Period : February 14, 2006 ~ February 13, 2011
- Exercise Price : KRW 26,800
3. Status of stock options granted after cancellation :
- Number of persons with grant : 157 persons
- Number of shares : 1,672,954shares of registered common stock
4. Reason for cancellation of grant : Voluntary retirement
- Basis for cancellation : Article 84 section 6.8 of the securities exchange law and article 7 section 3 of the articles of incorporation of Hyundai Motor Company
5. Date of BOD Resolution : November 04, 2005
- Attendance of Outside Directors : 2 out of 4
- Attendance of auditors: 2 out of 3 were present
* Hyundai Motor Company’s audit committee members are all outside directors
6. Persons canceling the grant of stock option / the number of common shares :
Name |
# of common shares |
Remark |
SUNG, BYUNG HO |
2,284 |
resignation |
HONG, KI CHOON |
2,850 |
resignation |
Total |
5,134 |
|
