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Zhihu | 6-K: Grant of Restricted Share Units Pursuant to the 2022 Share Incentive Plan

SEC announcement ·  Jan 18 00:00
Summary by Moomoo AI
On January 18, 2024, Zhihu Inc., a company incorporated in the Cayman Islands and listed on both the New York Stock Exchange (NYSE: ZH) and the Hong Kong Stock Exchange (HKEX: 2390), announced the grant of 3,098,900 Restricted Share Units (RSUs) to 26 eligible employees under its 2022 Share Incentive Plan. The RSUs, priced at US$0.01 per Class A Ordinary Share, represent approximately 1.01% of the total voting shares in issue and are subject to performance targets and a vesting period of 48 months with a mixed vesting schedule. The market price of Class A Ordinary Shares was HK$12.02 on the Stock Exchange and US$0.79 per American Depositary Share (ADS) on the NYSE as of the grant date. The grants aim to align the interests of the employees...Show More
On January 18, 2024, Zhihu Inc., a company incorporated in the Cayman Islands and listed on both the New York Stock Exchange (NYSE: ZH) and the Hong Kong Stock Exchange (HKEX: 2390), announced the grant of 3,098,900 Restricted Share Units (RSUs) to 26 eligible employees under its 2022 Share Incentive Plan. The RSUs, priced at US$0.01 per Class A Ordinary Share, represent approximately 1.01% of the total voting shares in issue and are subject to performance targets and a vesting period of 48 months with a mixed vesting schedule. The market price of Class A Ordinary Shares was HK$12.02 on the Stock Exchange and US$0.79 per American Depositary Share (ADS) on the NYSE as of the grant date. The grants aim to align the interests of the employees with those of the shareholders and to incentivize superior performance. Following these grants, 12,470,855 Class A Ordinary Shares and 13,042,731 Class A Ordinary Shares remain available for future RSU and option grants, respectively, under the 2022 Share Incentive Plan. The company confirmed that none of the grantees are Directors, chief executives, substantial shareholders, or associates of any such persons, and that the grants do not require shareholder approval.

This announcement is a separate document:

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