Nanchip Technology: Plans to grant 3.5 million restricted shares to 373 incentive recipients

Everyday AI News, NXP Technology (SH 688484, closing price: 34.78 yuan) announced on the evening of March 24 that the first grant of this incentive plan will involve a total of 373 participants, using the second type of restricted stock as the incentive tool, with the underlying stock sourced from the targeted issuance of the company’s A-share common stock to the incentive participants; the total equity and the total number of underlying stocks involved in the equity incentive: the number of restricted stocks to be granted under this incentive plan is 3.5 million shares, accounting for approximately 0.82% of the company’s total share capital of about 428 million shares at the time of the announcement of the draft incentive plan; among them, approximately 2.8615 million shares will be granted for the first time, accounting for approximately 0.67% of the company’s total share capital of about 428 million shares on the announcement date of the incentive plan, with the first grant accounting for 81.76% of the total rights granted this time; approximately 638,500 shares are reserved, accounting for 0.15% of the company’s total share capital of about 428 million shares on the announcement date of the incentive plan; the granting price of the first grant of restricted stocks is 21.67 yuan/share, meaning that upon meeting the granting and vesting conditions, the incentive participants can purchase the company’s A-share common stock issued to them at a price of 21.67 yuan per share, effective from the date of the first grant of restricted stocks until the date when the restricted stocks granted to the incentive participants are fully vested or become invalid, with a maximum period of no more than 72 months.

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(Reporter Zeng Jianhui)

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