Summary by Moomoo AI
On July 26, 2024, Meituan announced the grant of a total of 3,148,785 restricted share units to several employees and service providers of the group under the first public offering share incentive plan. The grant aims to align the interests of the grantee with those of the group through share ownership, and to encourage and retain talent. Of the granted units, 3,125,664 were granted to employees, while 23,121 were granted to service providers. The purchase price of the restricted share units granted is zero, and the B-shares were valued at HKD 107.6 per share on the grant date. The vesting period ranges from approximately 13 to 48 months and is subject to performance targets. The board of directors confirms that there are no directors, senior executives, or...Show More