Tianhong allocates 7.76 million shares to encourage middle-class employees

Absrtact: Has been in the electrical business, micro-letter layout of the more Avantgarde retail giant Rainbow Shopping mall recently announced the first a-share restrictive stock Incentive scheme list of incentives. According to the distribution of the bulletin, regional general manager level, Headquarters functional Department Director, Headquarters function Department

has been in the electric business, micro-letter layout more avantgarde retail giant Rainbow Mall recently announced the first a-share restrictive stock Incentive scheme list of incentives.

According to the distribution of the bulletin, the regional general manager level, Headquarters functional department director, Headquarters functional department deputy Director, regional functional department director, shopping mall general manager, senior senior Professional and technical personnel, Headquarters functional Department assistant Director, regional functional department deputy/assistant Director, mall deputy/assistant general Manager, senior Professional and technical personnel, The partial manager who enjoys the senior treatment can enjoy the stock incentive.

The 78,000 share of the allocation of 2 people, 52,000 shares of the incentive to 41 people, 34,000 shares of 161 people, 204 share the total share of 7.762 million shares incentive, the number of incentive shares accounted for the current proportion of total equity is 0.97%.

According to the incentive Scheme (draft revised version), the stock source for the Rainbow Mall to the incentive targeted distribution, awarded the price of 4.79 yuan/share. If the scheme is limited to the granting of shares before, the rainbow shopping malls have dividends, Capital Provident Fund to increase shares, the delivery of stock dividends, stock splitting or shrinking stocks, allotment and Other matters, the award price will be adjusted accordingly.

In particular, this incentive does not include people who have been indirectly involved in the company's stock ownership program through an AO Xuan before listing.

In addition, this restricted stock incentive scheme is valid for 5 years (60 months), including a lock-up period of 2 years (24 months) and a period of 3 years (36 months). During the unlocking period, if the conditions of the restrictive stocks under this scheme are met, the incentive object can be applied to unlock the stock limit on three unlock days in order to obtain 33.3%, 33.3% and 33.4% of the shares in the scheme, the actual unlocking quantity should be linked with the performance evaluation result of the incentive target.

Note: Restricted stock refers to a certain amount of stock which is granted to the incentive object in accordance with predetermined conditions, and only after the performance goal is in accordance with the conditions stipulated in the equity incentive plan, can the free flow of Tianhong market shares.