Set of micro-network news, February 28, 2018, the company board of directors reviewed and approved, the Board of Directors determined on February 28, 2018 as the grant date reserved for the incentive plan, granting 15.3 million restricted shares to 20 incentive objects. On June 28, Jing Fang Technology announced that China Settlement has completed the review and registration of the company's 2017 restricted stock incentive plan reserved shares granted on June 27, 2018.
According to the disclosure, the award price for this incentive plan was RMB 13.89 per share, and a total of 20 incentive targets were granted, including some directors, senior management personnel, and core technology (business) personnel who have implemented incentive plans in the company (including subsidiaries).
The company grants 1.53 million shares of restricted stocks to the incentive targets, determines the fair value of the restricted shares granted on the date of the option pricing model, and finally confirms the share payment expenses for the incentive plan, which will be paid during the implementation of the incentive plan. Revoke the proportion of restricted sales for confirmation by phases. The board of directors has determined that the reserved part of the incentive plan is granted on February 28, 2018. The effect of the reserved restricted shares on the accounting costs for each period is shown in the following table:
As of December 31, 2017, the total share capital of the company was 232,706,955 shares. After completion of the equity incentive plan, the company’s total share capital was 234,221,955 shares.
