SMIC: 14.7881 million restricted shares planned to be allocated
SMIC has announced that the company's 2021 Science and Technology Innovation Board Restricted Stock Incentive Plan has achieved the attribution conditions for the first part of the third vesting period and reserved part of the second vesting period. The total number of shares that can be attributed is 14.7881 million shares, with 13.2402 million shares for the third vesting period and 1.548 million shares for the second vesting period. In addition, the company has invalidated 2.551 million shares of restricted stock
According to the news from Zhitong Finance and Economics APP, SMIC (00981) announced that the board of directors believes that the company's 2021 STAR Market Restricted Stock Incentive Plan has achieved the attribution conditions for the first part of the third vesting period and the reserved part of the second vesting period. The attributable quantity this time is 14.7881 million shares, including 13.2402 million shares for the first part of the third vesting period and 1.548 million shares for the reserved part of the second vesting period.
On July 23, 2024, the board of directors of the company passed in written resolution the proposals regarding the fulfillment of attribution conditions for the first part of the third vesting period of the company's 2021 STAR Market Restricted Stock Incentive Plan, the fulfillment of attribution conditions for the reserved part of the second vesting period of the company's 2021 STAR Market Restricted Stock Incentive Plan, and the cancellation of a portion of the restricted stocks of the company's 2021 STAR Market Restricted Stock Incentive Plan. The total cancellation this time involves 2.551 million shares of restricted stocks that cannot be attributed to the above-mentioned individuals