Securities code: 002475 securities abbreviation: Luxshare Precision Industry Co.Ltd(002475) Announcement No.: 2022-008 securities code: 128136 securities abbreviation: Lixun convertible bonds
Luxshare Precision Industry Co.Ltd(002475)
On adjusting the list of incentive objects reserved for granting stock option incentive plan in 2019
Announcement on the number of options and cancellation of some options
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Luxshare Precision Industry Co.Ltd(002475) (hereinafter referred to as “the company”) held the 7th Meeting of the 5th board of directors and the 7th Meeting of the 5th board of supervisors on February 21, 2022, deliberated and adopted the proposal on adjusting the list of incentive objects reserved and granted in the 2019 stock option incentive plan, the number of options and canceling some options. The relevant matters are hereby announced as follows: 1 The company’s 2019 stock option incentive plan has fulfilled relevant approval procedures
1. On March 28, 2019, the company held the 7th Meeting of the 4th board of directors and the 7th Meeting of the 4th board of supervisors, deliberated and adopted the proposal on and its summary and related matters, and the independent directors of the company expressed their independent opinions, Considering that the incentive plan is conducive to the sustainable development of the company and does not harm the interests of the company and all shareholders, Xu Huaibin, the independent director of the company, solicited voting rights from all shareholders on the relevant proposals of the incentive plan submitted to the general meeting of shareholders for deliberation. Beijing Tianyuan (Shenzhen) law firm issued the legal opinion of Beijing Tianyuan (Shenzhen) law firm on the company’s 2019 stock option incentive plan.
2. The company publicized the names and positions of the incentive objects granted for the first time within the company from March 29 to April 7, 2019. During the publicity period, the board of supervisors did not receive any objection from any employee to the proposed incentive object, and disclosed the review opinion and publicity statement of the board of supervisors on the list of incentive objects first granted by the company’s 2019 stock option incentive plan on April 9, 2019.
3. On April 17, 2019, the company held the first extraordinary general meeting of shareholders in 2019, deliberated and approved the proposal on and its summary and related matters, On April 18, 2019, Luxshare Precision Industry Co.Ltd(002475) self inspection report on insider trading of the company’s shares by insiders of 2019 stock option incentive plan was disclosed. 4. On April 22, 2019, the company held the 9th meeting of the 4th board of directors and the 9th meeting of the 4th board of supervisors, deliberated and adopted the proposal on granting stock options to incentive objects first granted under the Luxshare Precision Industry Co.Ltd(002475) 2019 stock option incentive plan, and determined April 22, 2019 as the authorization date of the incentive plan, 50076000 stock options were granted to 348 eligible incentive objects for the first time. The independent directors of the company expressed their independent opinions, and the board of supervisors verified the list of incentive objects granted for the first time. Beijing Tianyuan (Shenzhen) law firm issued the legal opinion of Beijing Tianyuan (Shenzhen) law firm on the grant of stock options under the Luxshare Precision Industry Co.Ltd(002475) 2019 stock option incentive plan.
5. On June 12, 2019, the company issued the announcement on the completion of the registration of the first grant of stock option incentive plan in 2019, granting 50076000 stock options to 348 eligible incentive objects for the first grant.
6. On November 27, 2019, the company held the 13th meeting of the 4th board of directors and the 13th meeting of the 4th board of supervisors, deliberated and approved the proposal on adjusting the exercise price and quantity of 2019 stock option incentive plan and the proposal on granting stock options to incentive objects reserved for grant in 2019 stock option incentive plan. In accordance with the administrative measures for equity incentive of listed companies, the company’s 2019 stock option incentive plan (Draft), the administrative measures for the implementation and assessment of 2019 stock option incentive plan and other relevant provisions, and authorized by the company’s first extraordinary general meeting in 2019, it is agreed that the company will implement the 2018 annual equity distribution plan, Adjust the exercise price and quantity of the stock option incentive plan in 2019. After adjustment, the exercise price of the first granted stock option is adjusted from 23.36 yuan / share to 17.93 yuan / share, the number of first granted stock options is adjusted from 50076000 to 65098800, and the number of reserved granted stock options is adjusted from 12519000 to 16274700. At the same time, the board of directors considered that the company and the incentive objects had met the conditions for granting the reserved stock options specified in the company’s 2019 incentive plan, and agreed to grant 16274700 stock options to 263 incentive objects with November 27, 2019 as the authorization date of the reserved stock options. The exercise price of the stock options granted to the incentive objects this time was 17.93 yuan / share. The independent directors of the company expressed their independent opinions, and Beijing Tianyuan (Shenzhen) law firm issued the legal opinions of Beijing Tianyuan (Shenzhen) law firm on the adjustment of exercise price and quantity and reserved grant of Luxshare Precision Industry Co.Ltd(002475) 2019 stock option incentive plan.
7. On January 22, 2020, the company issued the announcement on the completion of registration of reserved grant of stock option incentive plan in 2019, granting 16241700 stock options to 258 eligible incentive objects for the first time.
8. On June 22, 2020, the company held the 19th meeting of the 4th board of directors and the 4th meeting of the 4th board of supervisors, the proposal on the number and cancellation of some stock options, and the proposal on the achievement of exercise conditions for the first exercise period granted by the stock option incentive plan in 2019. In accordance with the measures for the administration of equity incentive of listed companies, the company’s 2019 stock option incentive plan (Draft), the measures for the administration of the implementation and assessment of the 2019 stock option incentive plan and other relevant provisions, and authorized by the company’s first extraordinary general meeting in 2019, it is agreed that due to the implementation of the 2019 annual equity distribution plan, the resignation of incentive objects Adjust the exercise price and quantity of the stock option incentive plan in 2019 and cancel some options due to the failure of the incentive object to meet the assessment.
After adjustment, the number of incentive objects granted for the first time was adjusted from 348 to 340, the number of stock options granted for the first time was adjusted from 65098800 to 84626558, and the exercise price of stock options granted for the first time was adjusted from 17.93 yuan / share to 13.70 yuan / share; The number of reserved and granted stock options was adjusted from 16241700 to 21113740, and the exercise price of reserved and granted stock options was adjusted from 17.93 yuan / share to 13.70 yuan / share. At the same time, in combination with the company’s achieved performance in 2019 and the individual performance evaluation results of each incentive object in 2019, the board of Directors believes that the exercise conditions for the first exercise period granted by the company’s stock option incentive plan in 2019 have been met, It is agreed that the company’s 2019 stock option incentive plan will grant 339 incentive objects to exercise their rights independently in the first exercise period. The estimated number of stock options to exercise is 16456708 (the actual number of options to be exercised shall be subject to the registration of Shenzhen Branch of China Securities Depository and Clearing Co., Ltd.), and the exercise price is 13.70 yuan / share. The independent directors of the company expressed their independent opinions, and Beijing Tianyuan (Shenzhen) law firm issued the legal opinion of Beijing Tianyuan (Shenzhen) law firm on the adjustment of exercise price and exercise quantity, cancellation of some stock options and achievement of exercise conditions in the first exercise period of Luxshare Precision Industry Co.Ltd(002475) 2019 stock option incentive plan.
9. On January 22, 2021, the company held the 29th meeting of the Fourth Board of directors and the 29th meeting of the Fourth Board of supervisors, The proposal on adjusting the list of incentive objects reserved and granted in the 2019 stock option incentive plan, the number of options and canceling some options and the proposal on the achievement of exercise conditions in the first exercise period reserved and granted in the 2019 stock option incentive plan were reviewed and approved. In accordance with the measures for the administration of equity incentive of listed companies, the company’s 2019 stock option incentive plan (Draft), the measures for the administration of the implementation and assessment of 2019 stock option incentive plan and other relevant provisions, and authorized by the company’s first extraordinary general meeting of shareholders in 2019, it is agreed that due to the reasons such as the resignation of incentive objects and the failure of assessment, Cancel part of the options reserved for grant under the 2019 stock option incentive plan. After this cancellation, the number of incentive objects granted was adjusted from 258 to 250, and the number of stock options granted was adjusted from 21113740 to 20657454. At the same time, in combination with the company’s achieved performance in 2019 and the individual performance evaluation results of each incentive object in 2019, the board of Directors believes that the exercise conditions reserved for the first exercise period of the company’s stock option incentive plan in 2019 have been achieved, It is agreed that the reserved grant amount of the company’s stock option incentive plan in 2019 is 4109496 (the actual exercise amount shall be subject to the registration of China Securities Depository and Clearing Co., Ltd. Shenzhen Branch), and the exercise price is 13.70 yuan / share. The independent directors of the company expressed their independent opinions, and Beijing Tianyuan (Shenzhen) law firm issued the legal opinion of Beijing Tianyuan (Shenzhen) law firm on the adjustment of the list of incentive objects reserved for grant, the number of options, the cancellation of some options and the achievement of exercise conditions reserved for the first exercise period of Luxshare Precision Industry Co.Ltd(002475) 2019 stock option incentive plan.
10. On July 2, 2021, the company held the second meeting of the Fifth Board of directors and the second meeting of the Fifth Board of supervisors, The proposal on adjusting the exercise price of the stock option incentive plan in 2018 and 2019 and canceling some stock options of the stock option incentive plan in 2019 and the proposal on the achievement of the exercise conditions of the second exercise period granted by the stock option incentive plan in 2019 were reviewed and approved. According to the measures for the administration of equity incentive of listed companies, the company’s 2019 stock option incentive plan (Draft), the measures for the administration of the implementation and assessment of 2019 stock option incentive plan and other relevant provisions, and authorized by the company’s first extraordinary general meeting in 2019, it is agreed that due to the implementation of the 2020 annual equity distribution plan, the resignation of incentive objects Adjust the exercise price of the 2019 stock option incentive plan and cancel some options due to the failure of the incentive object to meet the assessment. After adjustment, the number of incentive objects granted for the first time was adjusted from 340 to 332, the number of stock options granted for the first time was adjusted from 65977698 to 65232789, and the exercise price of stock options granted for the first time and reserved for grant was adjusted from 13.70 yuan / share to 13.59 yuan / share. At the same time, in combination with the company’s performance achieved in 2020 and the individual performance evaluation results of each incentive object in 2020, the board of Directors believes that the exercise conditions for the second exercise period granted by the company’s stock option incentive plan for the first time in 2019 have been met, It is agreed that the company’s 2019 stock option incentive plan will grant 332 incentive objects for the first time to exercise their rights in the way of independent exercise in the second exercise period. The estimated number of stock options to exercise is 16200478 (the actual number of stock options to be exercised shall be subject to the registration of China Securities Depository and Clearing Co., Ltd. Shenzhen Branch), and the exercise price is 13.59 yuan / share. The independent directors of the company expressed their independent opinions, and Beijing Tianyuan (Shenzhen) law firm issued the legal opinions of Beijing Tianyuan (Shenzhen) law firm on the adjustment of exercise price, cancellation of some stock options and achievement of exercise conditions for the first grant of the second exercise period in Luxshare Precision Industry Co.Ltd(002475) 2019 stock option incentive plan.
11. On February 21, 2022, the company held the 7th Meeting of the 5th board of directors and the 7th Meeting of the 5th board of supervisors, The proposal on adjusting the list of incentive objects reserved and granted in the 2019 stock option incentive plan, the number of options and canceling some options and the proposal on the achievement of exercise conditions in the second exercise period reserved and granted in the 2019 stock option incentive plan were reviewed and approved. In accordance with the measures for the administration of equity incentive of listed companies, the company’s 2019 stock option incentive plan (Draft), the measures for the administration of the implementation and assessment of 2019 stock option incentive plan and other relevant provisions, and authorized by the company’s first extraordinary general meeting of shareholders in 2019, it is agreed that due to the reasons such as the resignation of incentive objects and the failure of assessment, Cancel part of the options reserved for grant under the 2019 stock option incentive plan. After this cancellation, the number of incentive objects granted was adjusted from 250 to 239, and the number of stock options granted was adjusted from 16547958 to 15948642. At the same time, in combination with the performance achieved by the company in 2020 and the individual performance evaluation results of each incentive object in 2020, the board of Directors believes that the exercise conditions reserved for the second exercise period of the company’s 2019 stock option incentive plan have been achieved, It is agreed that 239 incentive objects reserved and granted by the company’s stock option incentive plan in 2019 will exercise their rights in the way of independent exercise in the second exercise period. The estimated number of stock options to be exercised is 3955702 (the actual number of options to be exercised shall be subject to the registration of China Securities Depository and Clearing Co., Ltd. Shenzhen Branch), and the exercise price is 13.59 yuan / share. The independent directors of the company expressed their independent opinions, and Beijing HanKun (Shenzhen) law firm issued the notice of Beijing HanKun (Shenzhen) law firm on Luxshare Precision Industry Co.Ltd(002475) 2019
