SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2020
Commission File Number: 001-37821
LINE Corporation
(Translation of registrant’s name into English)
1-6 Shinjuku 4-chome
Shinjuku-ku, Tokyo 150-8510, Japan
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| LINE Corporation | ||
| (Registrant) | ||
| April 28, 2020 | By: /s/ In Joon Hwang | |
| (Signature) | ||
| Name: In Joon Hwang | ||
| Title: Director and Chief Financial Officer | ||
April 28, 2020
Press Release
| Company Name: LINE Corporation | ||
| Representative: Takeshi Idezawa, President and Representative Director | ||
| Code Number: 3938, First Section, Tokyo Stock Exchange | ||
| Inquiries: Corporate Development / Investor Relations | ||
| TEL: 03-4316-2050 |
Notice Regarding Determination of Number of Allottees and Other Details of Stock Option Issuance
Regarding the stock option program resolved at the board of directors’ meetings held on July 9, 2019 and March 30, 2020 respectively, LINE Corporation (“Company”) announces that it has determined the categories and number of allottees as well as the number of stock options based on the board of directors’ resolution made on April 28, 2020.
The categories and number of allottees below are assumptions at the time of this notice’s publication and are subject to change. Furthermore, the number of stock options below is the maximum quantity of stock options that the Company may issue. Therefore, it may decrease according to the actual number of allottees or for other reasons.
LINE Corporation 25th Stock Options
| (1) | Total Number of Stock Options |
48,226 allotments
22,644 allotments for employees of the Company
25,582 allotments for employees of the Company’s subsidiaries
| (2) | Categories and Number of Allottees, and Number of Stock Options |
| Category of Allottees |
Number of Allottees | Number of Stock Options |
||||||
| Employees of the Company |
2,396 | 22,644 | ||||||
| Employees of the Company’s subsidiaries |
3,415 | 25,582 | ||||||
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| Total |
5,811 | 48,226 | ||||||
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