Summary by Moomoo AI
On June 14, 2024, Alibaba Health Information Technology Co., Ltd. granted a total of 3,700,700 share options to two directors and 73,600,600 restricted share units to 576 employees as part of its share incentive plan. The exercise price of the share options is HKD 3.72, which is higher than the closing price of HKD 3.50 on the same day. The exercise period of the share options is 10 years, and the vesting period is determined based on the terms of the independent grant letter. The purchase price of the restricted share units is zero, and the vesting period is also based on the terms of the grant letter. The purpose of this grant is to reward employees for their contributions to the company and motivate them to work...Show More