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Posted by alim17 Wednesday, August 27, 2014

Sean is made internal director at YG Entertainment and given stock options

Sean has been appointed as a new internal director of YG Entertainment!

Through the Financial Supervisory Service's Electronic Disclosure System on August 27, YG revealed that Sean was approved as an internal director at a meeting of shareholders.

YG even granted Sean 13,000 shares of stock options vesting until August 27, 2020. While he is an internal director at YG, Sean may exercise the stock option at a price of 47,130 KRW (~ $46 USD).

YG said, "Sean was elected as director in order to reinforce YG's activities of social contribution. YG will be able to do more effective and methodical public services using as the foundation the experiences of Sean, who always donated and did various volunteer services."

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