Suning Global launches Equity incentive plan

Source: Internet
Author: User
Keywords Suning equity Incentive
Suning Universal (000718) announced that the company intends to directors, senior management, core business personnel and other incentives to grant a total of 66.93 million shares of stock options, For the first time, the right price of the stock option is 9.45 yuan, that is, after the right condition is satisfied, each stock option awarded by the incentive object will subscribe to the Suning global stock at the price of 9.45 yuan.  The waiting period for the scheme is one year. According to the announcement, the equity incentive scheme involves the source of the underlying stock to the incentive to issue the company's shares, involving the number of the subject of 66.93 million shares, accounting for the total amount of the company's equity at the time of the grant of 3.93%, of which the first grant of 60.25 million shares, accounting for the total number of  The reserved stock option is 6.68 million, accounting for 9.98% of the total number of stock options.  A total of 164 employees were awarded the first stock options granted under the scheme, of which 5 directors and senior managers were awarded a total of 8.4 million shares in the stock options, accounting for 12.55% of the total share options grant, and 0.49% of the total amount of the company's equity at the time of Grant. The company's first line of business rights must meet the company's 2011 weighted average net asset yield of not less than 20%, the company's audited net profit in 2011 compared with 2010 audited net profit, growth rate of not less than 35% , the second line of authority must meet the 2012 weighted average net asset yield of no less than 20.5% per cent, and the 2012 audited net profit is not less than 80% of the audited net profit in 2010 The third line of authority must meet the 2013 weighted average net asset yield of no less than 21% per cent, and in 2013 the audited net profit rate is no less than 145% of the audited net profit in 2010 Fourth of the right of the line before the right to meet the company's 2014 weighted average net asset yield of not less than 21.5%, 2014 audited net profit compared with 2010 audited net profit growth rate of not less than 230%.
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