Summary by Moomoo AI
Samsonite International S.A. announced on October 8, 2024 that, under the stock incentive plan, restricted stock units were granted to a new employee. The grant includes performance-linked restricted stock units and time-linked restricted stock units, aiming to link long-term company performance and stock value growth, and align with shareholder interests. The performance-linked portion will be attributed once in a lump sum on October 8, 2027 upon achieving predetermined performance goals, while the time-linked portion will be attributed in three stages between 2025 and 2027. The purpose of this incentive plan is to retain talent in the fiercely competitive industry talent market and encourage long-term commitment. The restricted stock units granted this time are not subject to the company's deduction and withdrawal policy.
