Two heavily loaded through the equity incentive Program 124 people benefit

Source: Internet
Author: User
Keywords Equity Incentive
Tags accounting company finance get loaded not less stock stock options
NetEase Finance May 17 News According to two heavy load announced that the company's board of directors through the draft equity incentive plan, according to the draft, including company executives, special professionals and other 124 employees will get 7.96 million stock options. The plan of the first stock options incentive program to give incentive to 7.96 million stock options, corresponding to the number of shares of 7.96 million shares, accounting for the current 1.69 billion shares of 0.47% of the total equity.  Each stock option in the right to meet the conditions of the line has 10.34 yuan/share of the right price and the right to buy a share of the rights of two heavy load, and in the last trading day before the suspension, the company's share price closed at 9.89 yuan. The equity incentive to 124, including 9 executives and 115 core technical (management) personnel, the executive list of Chairman Shiko, vice chairman and general manager Sun Derun, two people plan to be awarded the stock options of 140,000 and 130,000, A total of 115 other core players will receive 6.88 million incentive shares, representing an overall ratio of 86.43%.  And according to the relevant regulations of SASAC to the state-owned enterprise equity Incentive, all the incentive objects promise that the stock option incentive income is no more than 40% of the total salary level when the stock option is granted. The performance appraisal condition of the stock option grant: The average net profit growth rate of the average income of the parent company is not less than 20% after the three years prior to the authorized year, and not less than 20%.  At the same time, the above three indicators are not less than the first three years of the average level of the enterprise (and 50-point value).  The company intends to implement the stock option incentive plan reported by the performance of the state-owned assets of the responsibility of the agency or Department of Review and approval, the SFC filed without objections, the two heavy loading shareholders General Assembly approval can be implemented. Two heavy loaded 13th announcement, because the second group will discuss the relevant important issues in the near future, with major uncertainties, need to consult with the relevant parties, the company's stock has been suspended since May 13.
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