(Photo= Yonhap news)

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Krafton announced on the 27th that it has given Chang Byung-kyu, chairman of the board of directors, 22.3 billion won worth of RSU. It will be the first time for Krafton founder Chang to receive shares in return.

RSU is a system that pays a certain amount of shares if certain conditions are met instead of cash to promote mid- to long-term performance creation of executives and employees.

In the case of Chairman Chang, up to 90,000 shares will be paid every time Crafton's target market capitalization exceeds KRW 30 trillion, KRW 35 trillion and KRW 40 trillion over a 10-year period. In addition, an additional 3,000 shares will be granted depending on whether the term expires and whether the company achieves a relative share price increase.

Krafton's market capitalization is about 12.4297 trillion won on the same day.

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