Stock Options Overview - Prinx Chengshan Holdings Limited reported a total of 53,365,500 stock options granted under the 2019 and 2021 stock option plans as of December 31, 2022[5]. - The company had 39,123,461 stock options that remained unexercised as of December 31, 2022, indicating a significant potential for future equity compensation[5]. - As of December 31, 2022, 1,956,407 stock options had been exercised, representing approximately 3.67% of the total options granted[5]. - The total number of stock options that have lapsed or been canceled was 0 as of December 31, 2022, indicating effective management of the stock option program[5]. Stock Option Plans - The exercise price for stock options granted in 2021 was set at HKD 8.568, with a total of 29,550,000 options granted[5]. - The 2019 stock option plan allows options to be exercised within a maximum period of six years from the grant date[7]. - The 2021 stock option plan allows options to be exercised within a maximum period of eight years from the grant date[8]. Performance and Management - The company’s stock options are subject to performance targets, which must be met before they can be exercised[6]. - The fair value of the stock options granted is subject to accounting standards and is based on subjective assumptions, which may introduce uncertainty[5]. - The company’s board of directors retains discretion over the exercise price of stock options, ensuring alignment with market conditions at the time of grant[7].
浦林成山(01809) - 2022 - 年度业绩