Rockchip Electronics unveils 2025 stock option plan

Rockchip Electronics (SSE: 603893) has announced its 2025 stock option incentive plan, designed to attract and retain key talent. The plan, approved by the board, involves granting 1.17 million stock options, representing 0.28% of the company's total share capital of 418.9 million shares. The options will be granted to a total of seven beneficiaries including senior management, core technical staff, and key business personnel. The stock options have an exercise price of 137.67 RMB per share, and are valid for four years from the grant date, subject to the employees meeting certain performance goals and other conditions set forth by the company. The plan's performance goals include increases in revenue or net profit by at least 20% for each of the financial years 2025, 2026, and 2027. At the individual employee level, the proportion of stock options that vest also depends on employee assessment, ranging from 0% to 100%. If the performance goals are not met, the unvested stock options will be cancelled. The current equity incentive compensation plan will take effect after being approved at the company's shareholder meeting.