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Learning from Tesla? Ideal to grant Lixiang option with 6 periods of delivery as the threshold

Use wechat scan QR code < / P > < p > to share with friends and circle of friends < / P > < p > -- startfragment -- > < / P > < p > < strong style = "box sizing: inherit; - WebKit tap highlight color: RGBA (0, 0, 0); margin: 0px; padding: 0px; border: 0px; vertical align: baseline; background: transparent;" > Financial Association (Shanghai Editor Liu Rui), < / strong > < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E7%89%B9%E6%96%AF%E6%8B%89 "> Tesla < / a > founder < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E9%A9%AC%E6%96%AF%E5%85%8B "> musk < / a > because < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E6%9C%9F%E6%9D%83 "> Options < / a > cash and quickly accumulate wealth, become a popular inspirational story last year. As a new energy vehicle enterprise, zhonggaigu ideal Automobile Co., Ltd. gave the company founder < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E6%9D%8E%E6%83%B3 "> Li Xiang < / a > also granted an option, which was realized in six phases. Can this add some inflating agent to the wealth accumulation of the Chinese tycoon? On Tuesday, NASDAQ: Li announced its approval of the 2021 equity incentive plan. According to the plan, ideal auto is likely to issue 108557400 class B shares at most_ blank" href=" https://news.163.com/news/search?keyword=%E6%99%AE%E9%80%9A%E8%82%A1 "> common stock < / a >, which will be granted to CEO Li Xiang in six phases according to the number of cars delivered by ideal company. < / P > < p > according to the equity incentive plan of 2021, the board of directors and Compensation Committee of ideal automobile approved to grant Li Xiang, chairman of the board of directors and CEO of the company, the right to purchase 108557, The exercise price for the 400 class B common stock options is $14.63 per share, or $29.26 per ads, which is equal to the average closing price of the company's ads in the 30 trading days prior to the grant date (March 8), but the company's ads closed at $23.08 on Tuesday. < / P > < p > in the announcement, ideal company specially pointed out that the premise of exercising the above options is to achieve the vehicle delivery target. The options are divided into six equal parts, each consisting of 18092900 shares. When the total number of vehicles delivered by ideal car in any consecutive 12 months exceeds 500000, 1 million, 1.5 million, 2 million, 2.5 million and 3 million respectively, the first to sixth batches of options can be exercised. In 2020, Li one will deliver 32624 vehicles. < / P > < p > the CEO equity incentive plan of ideal company is somewhat similar to that of Tesla, the global electric vehicle leader, but the ideal cashing premise is to target the delivery volume, while Tesla is to target the market value growth. < / P > < p > according to Tesla's 2018 musk compensation plan, musk does not receive salary in Tesla, but only takes options. Tesla has set 12 market value targets, starting at $100 billion. For every $50 billion increase in the market value, musk will get an option award. Every time the option granting mechanism is triggered, musk can buy 8.4 million Tesla shares at a discount. < / P > < p > as Tesla's share price soared last year, its market value also soared. So far, musk has unlocked four equity incentives. In spite of the recent decline in Tesla's share price, the market value of these four stocks is now as high as $22.6 billion.



2023-03-22 10:04:29

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