On June 21st, GleamFabrik announced its 2024 restricted stock incentive plan draft, which plans to grant a total of 2.5 million restricted shares to incentive objects, accounting for approximately 3.41% of the company's total share capital of 73.2578 million shares at the time of the plan announcement. Among them, 2.17 million shares will be granted initially, accounting for 2.96% of the total share capital of the company at the time of the draft announcement and 86.80% of the equity to be granted under this incentive plan. 0.33 million shares will be reserved, accounting for 0.45% of the total share capital of the company at the time of the plan announcement and 13.20% of the equity to be granted under this incentive plan. The specific grant situation is as follows:
(1) The first type of restricted stock incentive plan: The number of restricted stocks planned to be granted under this incentive plan is 1.25 million shares, accounting for 1.71% of the total share capital at the time of the plan announcement and 50.00% of the equity to be granted under this incentive plan. Among them, 1.085 million shares will be granted initially, accounting for 1.48% of the total share capital of the company at the time of the draft announcement and 43.40% of the equity to be granted under this incentive plan. 0.165 million shares will be reserved, accounting for 0.23% of the total share capital of the company at the time of the plan announcement and 6.60% of the equity to be granted under this incentive plan.
(2) The second type of restricted stock incentive plan: The number of restricted stocks planned to be granted under this incentive plan is 1.25 million shares, accounting for 1.71% of the total share capital at the time of the plan announcement and 50.00% of the equity to be granted under this incentive plan. Among them, 1.085 million shares will be granted initially, accounting for 1.48% of the total share capital of the company at the time of the draft announcement and 43.40% of the equity to be granted under this incentive plan. 0.165 million shares will be reserved, accounting for 0.23% of the total share capital of the company at the time of the plan announcement and 6.60% of the equity to be granted under this incentive plan.
The grant price for the first grant of restricted stocks (the first type and the second type) under this incentive plan is 15.95 yuan/share, and the reserved grant price is the same as the first grant price.
The total number of incentive objects initially granted under this incentive plan shall not exceed 112, including directors, senior management personnel, core management/technical/business personnel (including foreign employees) who are employed in the company (including subsidiaries) at the time of the announcement of this incentive plan, but excluding independent directors and supervisors of the company, shareholders or actual controllers who hold more than 5% of the company's shares or their spouses, parents, and children.
For the first type of restricted stocks, the effective period will begin from the date of registration of the restricted stock grant and last until all of the restricted stocks granted to the incentive objects are released from the restriction or repurchased and cancelled, up to a maximum of 60 months. For the second type of restricted stocks, the effective period will begin from the date of the grant of the restricted stocks and last until they are all vested or invalidated, up to a maximum period of 60 months.