ESOPMay 21, 2026, 08:16 AM
Baozun Grants 150,000 Restricted Share Units to Directors
AI Summary
Baozun Inc. announced the grant of 150,000 restricted share unit (RSU) awards to four directors under its 2022 share incentive plan. The awards, which have no purchase price, are intended to retain and motivate the directors. The RSUs will vest over three to four years, subject to individual performance reviews and company milestones, and are subject to clawback provisions for misconduct.
Key Highlights
- Baozun granted 150,000 RSUs to four directors on May 21, 2026.
- Independent directors Mr. Chan, Mr. Hsia, and Mr. Ye each received 42,000 RSUs.
- Executive director Ms. Bin Yu received 24,000 RSUs.
- The RSUs represent 0.09% of total issued shares (excluding treasury shares).
- RSUs vest over 3-4 years, subject to individual performance and company milestones.
- No purchase price is required for the shares issuable under the RSUs.
- Closing price on HKEX was HK$6.73 per Share; on Nasdaq, US$2.54 per ADS.
Price Impact
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