SG Micro announces 2025 stock option incentive plan
SG Micro Corp has announced its 2025 second phase stock option incentive plan, granting 12.7 million stock options, representing 2.68% of the company's total share capital. Of these, 10.16 million are initial grants (2.14% of share capital), with 2.54 million options (0.54% of share capital) reserved for future allocation. The exercise price is set at CNY 72.60 per share. This plan aims to incentivize 1,470 employees, including senior management, core personnel, and technical staff. The initiative will be valid for a maximum of 72 months. The program won't include independent directors, supervisors, or major shareholders (holding over 5% of shares). The plan will take effect following shareholder approval.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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