SM Directors BoA And Kangta Each Earned $100,000 USD On Stock Options In The Past Year
BoA and Kangta, who are also directors at SM Entertainment, have each earned profits of over 100 million KRW ($88,594 USD) through stock options in the past year.
Kangta, who debuted as a member of H.O.T. in 1996, exercised his stock options on December 10, 2018. At the time, he bought 5,500 shares of SM stock at 35,587 KRW ($31.53 USD) per share. On December 27, 2018, he sold the shares on the market at 53,500 KRW ($47.40 USD). He then purchased another 4,500 shares at 35,587 KRW ($31.53 USD) through stock options on January 15th of this year and sold them on February 15 at 47,700 KRW ($42.26).
As of March 6, Kangta has earned a total of 153,030,000 KRW ($135,575 USD) within the past 4 months.
BoA also exercised her stock options on April 27, 2018, purchasing 10,000 shares of SM stock at 35,587 KRW ($31.53 USD). She sold 9,000 of these shares On August 29, 2018 at 49,000 KRW ($43.41 USD) and another 500 shares on November 19 at 53,500 KRW ($47.40 USD).
BoA earned a total of 111,880,000 KRW ($99,118 USD).