Celltrion, Inc.
068270·KOSPI·9 grants
- Shares granted, cumulative
- 4,465,605shares
- Next lockup release
- D-218
- 2027-03-26
Against the share price
At the 2026-08-18 close- Shares with a reason to exercise
- 2,805,456 shares
- 1.21% of shares outstanding
- Sellable right now
- 1,911,388 shares
- 68% of the shares with a reason to exercise
- Unrealized paper gain (to the employees)
- ₩93.3B
Potential dilution
Shares by strike price
- ₩314,000316K shares
- ₩300,000483K shares
- ₩195,500Latest price
- ₩192,500471K shares
- ₩186,400894K shares
- ₩165,500510K shares
- ₩151,200470K shares
- ₩92,100460K shares
Below the line (strike < Latest price) sits above the strike price: 2.8M shares, 78% of the shares still inside their exercise window.
The paper gain on 460,201 shares sitting above the strike price — ₩47.6B — disappears unless they are exercised by the deadline. Among the options whose lockup has ended, this is the part whose timing is pinned down.
See every approaching deadlineOptions the share price has risen past gain a reason to be exercised and sold once the lockup ends. Filings do not show what has already been exercised or forfeited, so these figures are on a cumulative grants basis and the shares actually outstanding may be fewer.
Share price vs. strike price
A strike price is fixed on the grant date; only the share price moves. Where the price line crosses a dashed line is when that block of options first had a reason to be exercised.
- Strike ₩186,400894K sharesabove
- Strike ₩165,500510K sharesabove
- Strike ₩300,000483K shares
- Strike ₩192,500471K sharesabove
Recipients by role
- Registered director28 people6%
- Unregistered officer42 people11%
- Employee302 people56%
- Other · unknown88 people27%
Sorted from the relation text written in the filings (460 recipients). Officers of affiliates and subsidiaries are counted as unregistered officers. This company reported many recipients under a lumped label such as “executives and employees”, or left the field blank, so the breakdown is limited.
Shares granted by year
Cumulative grants per recipient
311 named| Recipient | Shares, cumulative | Average strike | Exercisable | Paper gain |
|---|---|---|---|---|
| 81,6222.5% | ₩242,071 | 40,000 | ₩378.8M | |
| 41,1891.3% | ₩248,358 | 20,000 | ₩192.8M | |
| 41,1891.3% | ₩248,358 | 20,000 | ₩192.8M | |
| 36,5591.1% | ₩233,010 | 15,000 | ₩196.2M | |
| 36,5591.1% | ₩233,010 | 15,000 | ₩196.2M | |
| 36,5591.1% | ₩233,010 | 15,000 | ₩196.2M | |
| 36,4011.1% | ₩233,212 | 15,000 | ₩194.7M | |
| 35,7941.1% | ₩224,744 | 20,000 | ₩660.7M | |
| 33,9781.1% | ₩233,435 | 17,607 | ₩418.5M | |
| 32,3391.0% | ₩239,092 | 15,000 | ₩157.8M |
Recipients granted less than 10 in 10,000 of total shares issued have their names withheld under the disclosure rules; they cannot be split apart, so they are grouped into one row. Rows that pack several people onto one line, such as “OOO and 6 others”, are grouped there too, with the headcount read from that text — the split between them is never disclosed, so “my share” can only be prefilled with the per-person average. Filings carry no employee number or year of birth, so people with the same name are added together as one. “Exercisable” counts shares whose lockup has already ended, and any paper gain accrues to the employees holding the options.
Grant history · lockup schedule
Exercisable shares over time
It rises on the day a lockup ends and falls on the day an exercise window closes. Options actually exercised are not subtracted, because only executives have to report them.
20241 grant · 894,068 sharesReleases 2027-03-26
- Granted2024-03-26
- Exercise starts2027-03-26
- Exercise ends2034-03-25
- Shares granted
- 894,068shares
- Strike price
- 186,400KRW
- Grant method
- New share issuance, Treasury shares, Cash settlement
- Approved by
- Shareholders' meeting
Above the strike price₩9,100 per share₩8.1BReport on grant of stock options
20231 grant · 470,288 shares
- Granted2023-03-28
- Exercise starts2026-03-28
- Exercise ends2033-03-27
- Shares granted
- 470,288shares
- Strike price
- 151,200KRW
- Grant method
- New share issuance, Treasury shares, Cash settlement
- Approved by
- Shareholders' meeting
Above the strike price₩44,300 per share₩20.8BReport on grant of stock options
20221 grant · 510,164 shares
- Granted2022-03-25
- Exercise starts2025-03-25
- Exercise ends2032-03-24
- Shares granted
- 510,164shares
- Strike price
- 165,500KRW
- Grant method
- New share issuance, Treasury shares, Cash settlement
- Approved by
- Shareholders' meeting
Above the strike price₩30,000 per share₩15.3BReport on grant of stock options
20211 grant · 315,904 shares
- Granted2021-03-26
- Exercise starts2024-03-26
- Exercise ends2031-03-25
- Shares granted
- 315,904shares
- Strike price
- 314,000KRW
- Grant method
- New share issuance
- Approved by
- Shareholders' meeting
Below the strike priceShare price below the strike — no reason to exerciseReport on grant of stock options
20201 grant · 588,737 shares
- Granted2020-03-27
- Exercise starts2023-03-27
- Exercise ends2030-03-26
- Shares granted
- 588,737shares
- Strike price
- —
- Grant method
- New share issuance
- Approved by
- Shareholders' meeting
Report on grant of stock options
20191 grant · 470,735 shares
- Granted2019-03-26
- Exercise starts2022-03-26
- Exercise ends2029-03-25
- Shares granted
- 470,735shares
- Strike price
- 192,500KRW
- Grant method
- New share issuance
- Approved by
- Shareholders' meeting
Above the strike price₩3,000 per share₩1.4BReport on grant of stock options
20181 grant · 482,509 shares
- Granted2018-03-23
- Exercise starts2021-03-23
- Exercise ends2028-03-22
- Shares granted
- 482,509shares
- Strike price
- 300,000KRW
- Grant method
- New share issuance
- Approved by
- Shareholders' meeting
Below the strike priceShare price below the strike — no reason to exerciseReport on grant of stock options
20171 grant · 460,201 shares
- Granted2017-03-17
- Exercise starts2020-03-17
- Exercise ends2027-03-16
- Shares granted
- 460,201shares
- Strike price
- 92,100KRW
- Grant method
- New share issuance
- Approved by
- Shareholders' meeting
Above the strike price₩103,400 per share₩47.6BReport on grant of stock options
20161 grant · 272,999 shares
- Granted2016-03-25
- Exercise starts2019-03-25
- Exercise ends2026-03-24
- Shares granted
- 272,999shares
- Strike price
- 106,500KRW
- Grant method
- New share issuance
- Approved by
- Shareholders' meeting
Above the strike price₩89,000 per share₩24.3BReport on grant of stock options
Every figure here is parsed mechanically from the original DART filing (document.xml). “Exercise starts (estimated)” means the filing did not state an exercise period, so the date is the grant date plus two years under Article 340-2(4) of the Korean Commercial Act and may differ from the actual terms. Always read the original filing before making any decision.
