Gelonghui, December 29丨Beixin Building Materials (000786.SZ) announced the 2023 Restricted Stock Incentive Plan (draft). The total number of restricted shares to be granted under this incentive plan does not exceed 12.9 million shares, accounting for approximately 0.764% of the company's total share capital of 1,689.5078 million shares when the draft incentive plan was announced.
Of these, 10.826 million shares were granted for the first time, accounting for about 0.641% of the company's total share capital when the draft incentive plan was announced, accounting for about 83.92% of the total equity granted; 2,074 million shares were reserved, accounting for about 0.123% of the company's total share capital when the draft incentive plan was announced, accounting for about 16.08% of the total equity granted this time. The reserved portion did not exceed 20% of the total benefits granted this time.
The grant price for restricted shares under this incentive plan is $13.96 per share.
The incentive target of this incentive plan is no more than 347 people, including company directors, senior management, and core key personnel. The criteria for determining the target of the reserved incentive are determined by reference to the criteria initially granted.
This incentive plan is valid for a maximum period of not more than 72 months from the date the registration of the first restricted stock grant is completed until all restricted shares granted to the incentive target are lifted.