Due to restricted stock units being granted, SMIC issued 117,800 shares
SMIC announced that non-directors of the company issued 26,800 shares of common stock due to the exercise of the stock incentive plan, while directors of the company also issued 90,980 shares of common stock due to the exercise of the stock incentive plan. In addition, 5,000 shares of stock options were also issued
According to the announcement from China Semiconductor International (00981) on the Zhitong Finance APP, on July 4, 2024, non-executive directors of the company issued 26,800 ordinary shares by exercising restricted share units granted under the 2014 stock award plan (adopted on June 13, 2013).
On July 4, 2024, executive directors of the company issued 90,980 ordinary shares by exercising restricted share units granted under the 2024 stock award plan (adopted on June 28, 2023).
On July 3, 2024, 5,000 shares were issued under the 2014 stock option plan (adopted on June 13, 2013)