Core Points - The announcement details the fourth exercise period and the conditions for lifting restrictions on the stock options and restricted stocks under the 2021 stock option and restricted stock incentive plan [1][2][4] - A total of 288 individuals are eligible for the lifting of restrictions, with 287 individuals eligible for exercising stock options [1][3] Summary by Sections 1. Incentive Plan Approval and Implementation - The board of directors approved the stock option and restricted stock incentive plan, which includes various resolutions and independent opinions confirming the plan's legality and effectiveness [1][2] - The plan was publicly announced and verified by the supervisory board [1][2] 2. Conditions for the Fourth Exercise Period and Lifting of Restrictions - The fourth exercise period for stock options is set to occur from the first trading day after 48 months from the registration completion date, lasting until the last trading day within 60 months [2] - The conditions for exercising options and lifting restrictions include no negative audit opinions and meeting performance targets [2][3] 3. Performance Assessment - The average revenue for the years 2018-2020 must be at least 735.598 million yuan, with a growth rate of no less than 120% for the fourth exercise period [2] - Performance assessments are linked to individual and departmental achievements, with specific criteria for eligibility [2][3] 4. Exercise and Lifting of Restrictions Arrangements - A total of 61,215.4 thousand stock options are eligible for exercise, representing 24.98% of the granted options [3] - The number of restricted stocks eligible for lifting restrictions is 27,474.2 thousand, also representing 24.98% of the granted stocks [3] 5. Verification by the Board and Legal Opinion - The board's remuneration and assessment committee verified that the conditions for the fourth exercise period and lifting of restrictions have been met for all eligible individuals [3][4] - Legal opinions confirm that the conditions and approvals for the incentive plan are in compliance with relevant regulations [4]
兆易创新: 兆易创新关于2021年股票期权与限制性股票激励计划第四个行权期及解除限售期行权条件及解除限售条件成就的公告