Shunya International Martech (300612.SZ) announced the 2024 Restricted Stock Incentive Plan (draft) on October 31. This incentive plan includes two parts: the first type of restricted stock incentive plan and the second type of restricted stock incentive plan. The plan proposes to grant 6.3 million restricted stocks to the incentive recipients, accounting for approximately 3.50% of the company's total shares of 180.104496 million shares on the day of the announcement of this incentive plan draft. Specifically, the initial grant of restricted stocks is 6.0365 million shares, accounting for approximately 3.35% of the company's total shares on the day of the plan announcement, and representing 95.82% of the total number of restricted stocks proposed to be granted in this incentive plan.
(1) First Type of Restricted Stock Incentive Plan: This plan proposes to grant 0.4 million restricted stocks to the incentive recipients, accounting for approximately 0.22% of the company's total shares of 180.104496 million shares on the day of the incentive plan draft announcement. The first-time grant of the first type of restricted stocks is a one-time grant without reserved rights.
(2) Second Type of Restricted Stock Incentive Plan: This plan proposes to grant 5.9 million restricted stocks to the incentive recipients, accounting for approximately 3.28% of the company's total shares of 180.104496 million shares on the day of the incentive plan draft announcement. Specifically, the initial grant of the second type of restricted stocks is 5.6365 million shares, accounting for approximately 3.13% of the company's total shares on the day of the plan announcement, representing 95.53% of the total number of second type restricted stocks proposed to be granted in this plan.
The grant price for the first type of restricted stocks under this incentive plan is 8.07 yuan/share, and the grant price for the first-time grant of the second type of restricted stocks is 8.07 yuan/share.
A total of 73 individuals are the initial recipients of this incentive plan, including directors, senior management, core (business) personnel in the company (including wholly-owned subsidiaries) at the time of the announcement of this incentive plan. This excludes independent directors, supervisors, shareholders who singly or collectively hold more than 5% of the company's shares, or the actual controller and their spouses, parents, children, as well as foreign employees of Shunya International Martech.
The validity period of this incentive plan is from the date of the first type of restricted stock grant and the second type of restricted stock grant until the date when all the first type of restricted stocks granted to the incentive recipients are fully released from restrictions or repurchased and cancelled, and when all the second type of restricted stocks are fully vested or become invalid, not exceeding 36 months.
