Beijing Branch Sharp Push equity incentive draft 76 people will benefit

Source: Internet
Author: User
Keywords Equity incentives people will branch sharp push
Beijing Branch Rui (002350) today, the disclosure of the Stock option Incentive Scheme (draft), in order to improve the long-term incentive and restraint mechanism, fully mobilize the enthusiasm of the company's employees, effectively to the shareholders, the company's interests and the owners of personal interests together, Beijing Branch Sharp Board of Directors Compensation and Assessment Committee to be awarded to the target 3.3 million stock options (which set aside 9.697%). The target includes 5 senior managers such as General manager Han Ming, as well as 71 middle management personnel and core technology (business) backbone.  Beijing Branch Sharp will open on March 11, 2011, the recovery card. Beijing Branch Rui The equity incentive involved in the type of stock is a shares of common shares, about the incentive scheme signed when the total amount of corporate equity 2.57%. The stock source of the incentive plan is to issue stock to the incentive object. A stock option granted for the first time has the right to buy a share of a company at a predetermined line price of 23.92 yuan/share and right of entitlement on the date of validity of the incentive plan, which is also the closing price of the company's previous session.  The shares of any company to which an incentive is granted through all effective equity incentive schemes do not exceed 1% of the total amount of equity. The Stock option Incentive scheme is valid for 5 years from the first authorization date. After 12 months from the first authorization date of the first grant, the target can choose the right of 3 installments in the next 48 months, and the right of the right of the line of 30%, 30% and 40% in the feasible right days. The reserved stock option is intended to be authorized by the Board of Directors for the following 12 months after the first grant.  The reserve part of the stock option plan is divided into 3 period of the right, since the corresponding authorization date 12 months later, to meet the rights of the right conditions, the incentive object can be divided into 3 period to apply for the right to do. The incentive plan shows that the row right assessment year is 2011 to 2013, the performance evaluation in the year of parallel right, each fiscal year assessment, in order to achieve performance appraisal target as the right of the rights of the incentive object. Based on 2010 year net profit, 2011, 2012, 2013 net profit growth rate is not less than 30%, 50%, 70%; with 2010 year operating income as the base, 2011, 2012, 2013 annual operating income growth rate is not less than 30%, 50%, 70%. Responsible Editor: NF058
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