Great Wisdom News September 30th | Jiayi Shares (301004.SZ) announced the 2024 Restricted Stock Incentive Plan (draft), this incentive plan proposes to grant 1.1937 million restricted stocks to incentive targets, accounting for approximately 1.15% of the company's total equity at the time of the announcement of this incentive plan draft. Among them, the initial grant is 0.955 million shares, accounting for about 0.92% of the company's total equity at the time of the announcement of this incentive plan draft, representing 80.00% of the total number of restricted stocks planned to be granted in this incentive plan, and a reserved grant of 0.2387 million shares, accounting for about 0.23% of the company's total equity at the time of the announcement of this incentive plan draft, representing 20.00% of the total number of restricted stocks planned to be granted in this incentive plan.
The initial grant price of the restricted stocks under this incentive plan is ¥48.31 per share. The reserved portion of the restricted stocks has the same grant price as the initial grant portion of the restricted stocks.
The total number of incentive targets initially granted under this incentive plan is 234, including key management personnel and key technical (business) personnel (including foreign employees) employed by the company (including subsidiaries, wholly-owned and controlling subsidiaries) at the time of the announcement of this incentive plan, but excluding independent directors, supervisors, shareholders or actual controllers holding 5% or more of the company's shares alone or in aggregate, their spouses, parents, and children.
The incentive plan is valid from the date of the initial grant of restricted stocks until the date when all restricted stocks granted to incentive targets are vested or expired, up to a maximum of 48 months.