Summary by Futu AI
On December 5, 2024, wynn macau granted a total of 4,983,000 stock options to five independent non-executive directors according to its stock option plan. The subscription price per share is HK$5.86, with the exercise period from December 5, 2025, to December 4, 2034. The stock options do not carry any performance targets and are intended to incentivize and attract eligible participants, promoting the company's long-term growth.The directors granted stock options include Cheng Zhiwen, Bruce Rockowitz, Lin Jianfeng, Su Zhaoming, and Ye Xiaowei, each receiving different amounts of shares. The purpose of the stock option plan is to align the interests of eligible participants with those of the company and shareholders while enhancing the company and its share value. The grant of stock options has been approved by the independent non-executive directors and does not involve any financial assistance.After this grant of stock options, wynn macau's stock option plan and other share plans still have an authorized limit of 502,984,034 shares available for future grants.
