China Baoan Benefits 261 employees through equity incentive plan

Source: Internet
Author: User
Keywords Employee Equity Incentive
NetEase Finance November 1 News China Bao ' An evening notice said that the plan to grant incentives to the company directors, senior managers and the board of directors that the need to motivate other personnel, the total number of 261 people, accounting for about 4.94% of total staff, the right price per share of 14.60 yuan.  The company said the plan intended to give incentives to the target of not more than 75 million share options, accounting for the incentive scheme signed when the total amount of corporate equity 6.88%.  The right price of the stock option granted by this incentive plan is 14.60 yuan, and the planned stock source is to issue shares to the incentive object.  According to this plan, a total of 261 employees were granted stock options, of which 9 senior managers were granted stock options with a total of 26.3 million shares, accounting for 35.07% of the total share options grant, and 2.41% of the total amount of the company's equity at the time of the grant.  After 12 months from the date of the current incentive plan grant, the incentive target shall be divided into five phases within the next 60 months. This plan is awarded for the first time in 2010-2014 5 fiscal years, the annual performance appraisal parallel right, each fiscal year assessment once, in order to achieve the performance evaluation target as the incentive object of the right conditions. Annual performance evaluation objectives as shown in the table: China Bao ' an trading today, reported 14.60 Yuan.
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