2.89 million executive CEOs of 38%

Source: Internet
Author: User
Keywords Stock options line rights incentive plans
Every reporter Chao Yanshiki information (002153, closing price 31.27 yuan) today, the Director, CEO, Vice President, Secretary of the board and 88 middle-level managers as well as core technology are proposed. (business) personnel, such as the incentive to grant 2.894 million stock options, accounting for the incentive plan announcement day the proportion of the total amount of corporate equity is 1.29%.  This incentive plan's stock source is the company to the incentive target issue, the row power price is 45 yuan, has floated 13.73 yuan on the basis of yesterday's closing prices.  At the end of March, the results of the online description meeting, Chairman Li Zhong has revealed that the stone base information for two consecutive years has launched a 10 to 10 of the high transfer program, in return investors, the implementation of equity incentive plan is also to improve stock liquidity. According to the draft of the information of the base, the Yang Haiyen, the subject of the incentive, gets the most options, the number of stock options available is 1.1 million, the proportion of the total grant is 38.01%, the proportion of the total share capital of the company is 0.49%.  In addition, Director General Ming can receive 30,000 copies, accounting for 0.01% of the total equity of the company, and 140,000 and 40,000 for the vice President and the Secretary of the Board, respectively, of 0.06% and 0.02% per cent of the total share capital of the company.  Because the company chairman Mr. Li Zhong for the company's controlling shareholder, vice chairman of the company, Mr. Li Jingkun as the company's promoter shareholder, the company director, deputy general Manager Mr. Raiderian as Hong Kong residents, according to the provisions can not hold a A-shares, the three of them do not participate in this equity incentive plan.  It is noteworthy that, apart from the above four executives, the total number of 88 middle managers and core technology (business) personnel can obtain stock options accounted for 54.73% of the total grant, a total of 1.584 million shares. The draft said that the terms of the performance assessment of the right companies include two aspects, first, a 2008-year base, T-year (the Year of the grant date), T+1 year, t+2 annual deduction of the shareholders of the parent company of the net profit growth rate is not less than 20%; second, in the stock option waiting period,  The net profit attributable to the shareholders of the parent company in each year and the net profit deducted from the non-recurrent profit and loss attributable to the parent company shall not be lower than the average of the last three fiscal years prior to the date of authorization and shall not be negative.  The stock option granted by this incentive plan can be commenced after 12 months from the date of authorization, and the object of the incentive shall be divided into three periods in accordance with the 30%:30%:40% of the right of option. It is understood that the total cost of this equity incentive plan is 24.2511 million yuan, which will be apportioned during the waiting period of the incentive plan.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.