The directional issue million stock right and rivers Intelligent Incentive scheme taste

Source: Internet
Author: User
Keywords Equity mountains and rivers
After the rapid development of the initial stage of the IPO, the growth of Sunward intelligence (002097) needs new impetus.  In order to improve sustainable development capacity, the company intends to launch an equity incentive plan. More generally, mountains and rivers Intelligence (002097) the introduction of the draft equity incentive is more special, the company intends to issue new shares in the way, to the incentive to grant 10 million shares of restrictive shares.  Rivers and mountains intelligence said that the funds raised to supplement the company's liquidity. The draft shows that the company intends to Qinghua 15 senior and Core technology (business) personnel, the number of restricted stock shares to be awarded 9 million shares, to be awarded the amount of the company's total share capital 2.43%, the reserve part of 1 million shares, accounting for the planned grant of the total amount of restricted shares 10%.  Among them, Qinghua, Zhang, Deng's flag, Biao and other 4 executives were allocated more than 2 million shares, 1.5 million shares, 1.3 million shares, 1.3 million shares. In the past equity incentive scheme, the method of determining the price of the right of the line is generally, the average closing of the previous trading day or the first 20 trading days.  But mountains and rivers intelligence is to be awarded to the incentive object the price of the restricted stock equity is 6.85 yuan, the price is the draft plan summary announcement before the 20 trading day company stock average value of 13.69 yuan 50%. In the performance assessment of the terms of the equity grant, the company's net profit value is not less than 130% of the same period in the previous year, and the weighted average net assets yield is not less than 130% of the same period of year. In the performance appraisal of the equity unlocking condition,  The net profit value of each unlocking period is not less than 120% of the previous year, and the weighted average net assets yield is not less than 120% of the previous year. The incentive program is valid for 5 years, among which, the incentive object to be granted a stock of the date of the lock-up period of 2 years, after the lock-up period of 3 years for the unlocking period. During the unlocking period, if the unlocking condition is reached, the target can apply for unlocking 3 times, the first two times the number of the unlocked shares is 35%, the third time is 30%.  Mountains and rivers intelligent commitment, not for the incentive to obtain the relevant rights and interests in accordance with the plan to provide loans and other forms of financial support, including to provide security for their loans. Sunward Intelligent said that the purpose of the introduction of the incentive plan is to further establish and improve the company's long-term incentive mechanism to attract and retain outstanding talent, fully mobilize the wisdom of the senior management staff and core technology (business) personnel's enthusiasm, improve the company's sustainable development capacity.
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