Core Viewpoint - The company announced that the conditions for the third vesting period of the 2022 restricted stock incentive plan and the second vesting period of the reserved grant have not been met, resulting in the cancellation of 1,113,481 shares of unvested restricted stock [1][4][5] Summary by Sections Approval Procedures - The company held multiple board and supervisory meetings to approve the 2022 restricted stock incentive plan and its related matters, including the initial grant and management methods [2][3][4] Vesting Conditions - The first grant's third vesting period is defined as 36 months after the initial grant date, with a vesting ratio of 40% [4] - The reserved grant's second vesting period is defined as 24 months after the reserved grant date, with a vesting ratio of 50% [4] Performance Assessment - The performance conditions for vesting were based on cumulative revenue targets for 2022-2024, with specific thresholds set at 92.43 billion and 73.94 billion [5] - The company did not meet the required cumulative revenue, resulting in a vesting ratio of 0% for both the third vesting period and the second reserved grant period [5][6] Impact of Cancellation - The cancellation of the unvested restricted stock is in compliance with relevant regulations and will not materially affect the company's financial status or operational results [7] - The supervisory board confirmed that the cancellation process adhered to necessary procedures and will not harm the interests of shareholders [7][8]
志特新材: 关于2022年限制性股票激励计划首次授予部分第三个归属期及预留授予部分第二个归属期归属条件未成就并作废部分已授予但尚未归属的限制性股票的公告