Plitke shares equity incentive draft issued

Source: Internet
Author: User
Keywords Equity incentives Caesar
Recently, the listed companies share incentive Draft is a trend of crowding.  Pret (002324) and Caesar's shares (002425) were also released today after a draft of the equity incentive bill issued by 3 listed companies yesterday. Pret decided to grant the incentive to 3 million stock options, the total number of shares accounted for 2.22% of the total share of the company, of which the first grant 2.702 million, set aside 298,000, reserve stock options for the total number of options 9.9%. A stock option granted for the first time has the right to purchase 1 shares of shares in the company at a predetermined line price of 39.92 yuan and the right to do so in the term of the validity of the incentive plan.  According to the plan, Pret executives and business backbone of a total of 42 people enjoy equity incentive. The first granted Stock option plan is divided into three periods, the number of which is 30%, 30% and 40% of the total granted stock option respectively. The right condition is that in 2011-2013, compared with the previous year's net profit growth rate is not less than 25%, product sales growth is not less than 30%, the net assets yield is not less than 11%, 12%, 13%.  Reserve stock Option plan to implement a one-time line, the right of the term and the right to do: the right period of 2013 compared to 2012, the net profit growth rate of not less than 25%, net assets yield is not less than 13%, product sales growth of not less than 30%. Caesar shares incentive plan involves 940,000 shares of the company, accounting for the company's total share capital of 107 million shares of 0.88%. Among them, the first award number of 846,000 shares, accounting for the total amount of 90%, set aside 94,000 shares, accounting for the number of the grant of 10%.  The reserved part is used for the key employees to be introduced in Caesar's shares, and is granted within 12 months from the date of the first award of the incentive plan. According to the draft, incentive schemes used in the form of incentives for restricted stocks, stock source for Caesar shares to the incentive to issue new shares 940,000 shares. The awarding price for the first grant of a partially restricted stock is 18.38 yuan per share.  The target is a total of 67 employees of the company's directors, senior managers and the company's board of directors who deem it necessary to motivate them. The incentive draft shows that restricted stock is granted after the lock. All restricted shares granted by the incentive object are subject to different lock-up periods of 1 years, 2 years and 3 years, respectively, from the date of the grant. The restricted stocks held by the incentive object are unlocked three times, each of which can unlock the restricted stocks of 30%, 30% and 40% respectively. Unlock conditions for, between 2011 and 2013, the company's net profit growth compared to 2010, respectively, not less than 22%, 55%, 100%, operating income than 2010 growth of less than 25%, 60%, 105%.
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.