Wemade Play Corrects Stock Option Grant – Total Shares Reduced from 182,806 to 41,860
- Correction filing: Amendment to stock option grant report originally filed on March 31, 2022 (correction date May 13, 2026)
- Shares granted this award: 182,806 → 41,860 (approx. 77% reduction)
- Number of grantees: 79 → 75 (reflecting cancellations for retirees, etc.)
- Total outstanding options after grant: 414,698 → 100,280
- Large-scale cancellation including 139,658 shares previously intended for former CEO Lee Ho-dae
- Exercise price: KRW 26,350; fair value (option value): KRW 11,170 (binomial option model)
- Other: Cancellation of grants to retirees etc. per stock option agreement
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Grant of Stock Options
- Company: Wemade Play (123420)
- Submission: Wemade Play Co., Ltd.
- Receipt: 05-13-2026