On February 23, Dbappsecurity Co.Ltd(688023) issued the restricted stock incentive plan for 2022. The company plans to grant 3061500 restricted shares to 313 incentive objects at a grant price of 178 yuan / share. The assessment indicators set in this equity incentive plan are stricter than the previous incentive, reflecting the confidence of the company in its future development.
The announcement shows that the incentive tool adopted in this incentive plan is restricted stock (class II restricted stock), and the source of stock is Dbappsecurity Co.Ltd(688023) directional issuance of A-share common stock of the company to the incentive object. The total number of incentive objects granted for the first time is 313, mainly the core backbone personnel working in the company. The total equity to be granted to the incentive object this time shall not exceed 306.15 shares, accounting for about 3.9% of the total share capital of the company. Among them, 2603400 restricted shares were granted for the first time, accounting for 85.04% of the total number of restricted shares to be granted, and 458100 shares were reserved.
It is understood that Dbappsecurity Co.Ltd(688023) the assessment indicators of the restricted stock incentive plan are divided into two levels: the company and the individual, and the assessment indicators are more stringent than before. According to the assessment requirements at the company level, based on the operating income in 2021, the growth rate of the company's operating income in 2022 is required to be no less than 30% in the first vesting period, no less than 60% in 2023 in the second vesting period, and no less than 90% in 2024 in the third vesting period, The fourth attribution period requires that the growth rate of the company's operating revenue in 2025 shall not be less than 120%. This means that the compound growth rate of the company's operating revenue in the next four years will not be less than 21.8%.
In the restricted stock incentive plan launched by the company in 2021, Dbappsecurity Co.Ltd(688023) put forward 25%, 50%, 75% and 100% growth targets for operating revenue in 2021, 2022, 2023 and 2024. It can be seen from the comparison that the assessment standard of this incentive plan will further increase the growth target. The company said that the assessment indicators set in this plan are more stringent than before, which will help to improve the competitiveness of the company and mobilize the enthusiasm of employees, ensure the realization of the company's future development strategy and business objectives, and bring more efficient and lasting returns to shareholders.
In addition, the incentive plan will adopt the method of independent pricing to determine the grant price. The grant price of the first restricted stock is determined to be 178.00 yuan per share, and the closing price of the company on February 23, 2022 is 185.27 yuan per share. The grant price is close to the current share price, avoiding damaging the interests of the listed company and all shareholders, and reflecting the company's confidence in future development.
Insiders said that at present, with the rapid development of the network security industry, the implementation of the incentive plan is expected to further bind Dbappsecurity Co.Ltd(688023) core talents and condense the development momentum, which will help the company's sustainable operation and development in the future and deepen technological innovation, so as to enhance the value of the company.