Three companies to push equity incentive plan

Source: Internet
Author: User
Morning Post reporter Zhu Nan information, Lu Xiang shares 10th night also announced equity incentive plan.  According to the announcement, a draft of the equity incentive plan approved by the information board suggests that 4.27 million stock options are proposed to be awarded to the target, accounting for 2.94% of the current total equity.  The incentive scheme is valid for four years from the authorization date of the stock option, and 3.85 million shares for the first time, the right price is 28.19 yuan before the close of the previous day.  The main right condition of the above incentive plan is: during the period of incentive plan, the net profit growth rate of 2010-2012 years relative to 2009 is not less than 30%, 60%, 90%, each year the weighted average net assets yield is not less than 15%.  Lu Xiang shares are to be awarded 2.2 million stock options, accounting for 1.81% of the current total equity. Among them, the first award of 2 million, the right to the price of suspension of the day before the close of 30.36 yuan.  The incentive scheme is valid for 66 months from the date of authorization of the first stock option, and the object of the incentive may be 18 months from the date of the stock option grant, and after the 2011 Annual report, 20%, 30% and 50% of the number of stock options awarded in the next 36 months shall be divided into three periods.  In addition to the two companies mentioned above, Zhejiang shares were announced last night: the previous draft of the stock-equity incentive scheme has been revised after a number of revisions: the target from 24 to 35 people, the clear issuance of shares in the number of 6.45 million shares, a clear award of the price of 12.58 yuan/share, the lock regularly from 24 months shortened to 12 months. Yesterday, Zhejiang-rich shares of the report closed at 26.39 Yuan, the increase of 1.11%, the extension of information and Lu Xiang stock suspension, the first trading day before the suspension of 28.19 yuan and 30.36 yuan respectively.

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