Will Semiconductor unveils 2025 stock option plan

Will Semiconductor Shanghai (SSE:603501) has announced its 2025 Stock Option Incentive Plan, aiming to motivate directors, senior management, middle management, and core technical staff. The plan proposes granting up to 20 million stock options, representing 1.64% of the company's total share capital. The exercise price is set at 139.29 RMB per share. The options will vest in three tranches, with the first tranche becoming exercisable after 12 months. Performance targets based on the company's semiconductor design business revenue must be met for the options to vest, with revenue targets set for 2025, 2026, and 2027. The plan is subject to shareholder approval and regulatory clearances.