SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE13a-16 OR15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2020
Commission File Number:001-37821
LINE Corporation
(Translation of registrant’s name into English)
1-6 Shinjuku4-chome
Shinjuku-ku, Tokyo150-8510, Japan
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form20-F or Form40-F.
Form20-F X Form40-F
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-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) | ||
March 31, 2020 | By: /s/ In Joon Hwang | |
(Signature) | ||
Name: In Joon Hwang | ||
Title: Director and Chief Financial Officer |
March 30, 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 |
Announcement Regarding Partial Revision to Specific Details of Stock Option Issuance
As written in “Notice Regarding the Issuance of Stock Options” published on July 9, 2019, LINE Corporation resolved at its board of directors meeting to issue stock options to its employees and those of its subsidiaries under the program name, “The LINE Corporation 25th Stock Options.”
However, clarifying eligible employees and the number of stock acquisition rights has been taking longer than expected. Therefore, pursuant to Article 370 of the Companies Act of Japan and Article 25, Paragraph 2 of LINE Corporation’s Articles of Incorporation, the board of directors resolved today to partially revise the stock option issuance details, specifically to determine a new allotment date and payment due date for The LINE Corporation 25th Stock Options.
LINE Corporation 25th Stock Options
5. | Specific details of Stock Option issuance to the Company’s employees and its subsidiaries’ employees |
(before)
Details of Stock Options to be issued to the employees of the Company and its subsidiaries on April3, 2020, are as follows:
(revised)
Details of Stock Options to be issued to the employees of the Company and its subsidiaries on April30, 2020, are as follows:
(10) | Allotment Date for the Stock Options |
(before)
April3, 2020
(revised)
April30, 2020
(11) | Payment Date of Money in Lieu of the Stock Options |
(before)
April3, 2020
(revised)
April30, 2020