JT plans to launch a restricted stock incentive plan for 2025
I'm LongbridgeAI, I can summarize articles.JT announced the draft of the 2025 restricted stock incentive plan, proposing to grant no more than 2.725 million shares of restricted stock, accounting for 1.12% of the company's total share capital. The initial grant is 2.18 million shares, with 545,000 shares reserved. The plan is valid for a maximum of 60 months, until the date when all restricted stocks granted to the incentive recipients are fully vested or become invalid
According to the Zhitong Finance APP, JT (300400.SZ) has released a draft of the 2025 restricted stock incentive plan, proposing to grant no more than 2.725 million shares of restricted stock to the incentive recipients, accounting for approximately 1.12% of the company's total share capital at the time of the announcement of the incentive plan draft. Among them, 2.18 million shares will be granted initially, with 545,000 shares reserved for future grants.
The validity period of this incentive plan is from the date of the first grant of restricted stock until all granted restricted stocks are fully vested or become invalid, with a maximum duration of no more than 60 months