6-K 1 d155801d6k.htm FORM 6-K Form 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF MARCH 2021

Commission File Number: 333-04906

 

 

SK Telecom Co., Ltd.

(Translation of registrant’s name into English)

 

 

65, Eulji-ro, Jung-gu

Seoul 04539, Korea

(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  ☒             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):  ☐

 

 

 


Decision on Stock Option Grant

1. Structure

 

  A.

Recipients

 

Name

  

Position

  

Number of shares issuable

 
  

Type of shares

   Number of shares  

Ryu, Young Sang

  

Executive Director and President of Mobile Network Operations Division

  

Registered common shares

     5,990  

Kang, Jong Ryeol

  

Head of ICT Infra Center

  

Registered common shares

     2,350  

Yoon, Poong Young

  

Head of Corporate Center 1

  

Registered common shares

     3,360  

Ha, Hyung Il

  

Head of Corporate Center 2

  

Registered common shares

     3,760  

Cho, Dong Hwan

  

Head of Cloud Transformation Center

  

Registered common shares

     1,770  

Kim, Yoon

  

Head of T3K

  

Registered common shares

     2,110  

Lee, HyunA

  

Head of AI&CO

  

Registered common shares

     2,880  

Ha, Seong Ho

  

Head of Corporate Relations Center

  

Registered common shares

     1,920  

Shin, Sang Kyu

  

Head of Corporate Culture Center

  

Registered common shares

     1,530  

Huh, Seok Joon

  

Head of Private Placement Group

  

Registered common shares

     2,260  

Song, Jae Seung

  

Head of Corp Development Group

  

Registered common shares

     2,650  

Han, Myung Jin

  

Head of Subscription Service CO

  

Registered common shares

     1,450  

Ryu, Byung Hoon

  

Head of Business Strategy Group

  

Registered common shares

     1,250  

Total:

     

Registered common shares

     33,280  

 

  B.

Share Type : Common Share (treasury shares), cash settlement

 

  C.

Grant date: March 25, 2021

 

  D.

Number of Shares : 33,280 shares

 

  E.

Exercise period: March 26, 2023 - March 25, 2026

 

  F.

Exercise price: Won 251,380 (This price was calculated as the arithmetic mean of volume weighted average closing prices from the following periods prior to the grant date: two months, one month, one week.)

 

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2. Overview of Conditions

 

   

The stock options granted as described above will be cancelled if the recipient does not remain employed by the Company for at least two years from the grant date.

 

   

If the exercise price of the stock options is lower than the market price of common shares at the time of exercise, cash settlement of the difference is possible.

 

   

The exercise price and the number of stock options may be adjusted pursuant to the relevant stock option grant agreement or by resolution of the Board in the event of a change in the stock value due to the reasons of any capital increase, stock dividend, capital transfer of reserves, stock split, merger or spin-off after the grant date.

 

   

Other terms of the grant of stock options shall be governed by applicable law, the Company’s articles of incorporation and the stock option grant agreement.

 

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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.

 

SK TELECOM CO., LTD.
(Registrant)
By:  

/s/ Joong Suk Oh

(Signature)
Name:   Joong Suk Oh
Title:   Senior Vice President

Date: March 25, 2021

 

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