Summary by Moomoo AI
Great Wall Motor was granted a limited stock and stock option incentive program for the first time on January 26, 2024, with Mu Feng, CEO and 714 other executives and technical staff participating. The initial grant amount of restricted shares is 4555 million shares at a price of $13.61 per share; the initial grant of stock options is 6979.4 million shares and the warrant price is 27.22 USD per share. Following this grant, the Company will issue a limited number of shares to be issued in the future, and the number of options will be 1937.5 million shares. The expiry, no-sell, limited-sale and debarring arrangements for restricted shares, as well as the expiry, no-sell, waiting and exercise arrangements for stock options have been clarified. The...Show More