Tai Ling Wei (688591.SH) released the draft of the 2024 Restricted Stock and Stock Appreciation Rights Incentive Plan, ...
Zhiyun Finance APP news, Tai Ling Wei (688591.SH) released the draft of the 2024 Restricted Stock and Stock Appreciation Rights Incentive Plan. This incentive plan includes two parts: a restricted stock incentive plan (second category of restricted stock) and a stock appreciation rights incentive plan, which are independent of each other. This incentive plan intends to grant 4.39 million shares of restricted stocks to the incentivized individuals, accounting for approximately 1.83% of the company's total equity at the time of the announcement of this draft. It is also proposed to grant 0.41 million stock appreciation rights to the incentivized individuals, which accounts for approximately 0.17% of the company's total equity at the time of the announcement of this draft. The stock appreciation rights are to be granted all at once, with no reserved rights.
The grant price for the initial grant of restricted stocks in this incentive plan is 13.92 yuan/share, and the exercise price for the stock appreciation rights is the same as the grant price of the restricted stocks, which is 13.92 yuan/share.