ESOPMay 20, 2026, 09:17 AM
Hesai Group Grants 139,120 RSUs to 37 Employees
AI Summary
Hesai Group granted an aggregate of 139,120 Restricted Share Units (RSUs) to 37 employees under its 2021 Plan on May 20, 2026. These awards, representing Class B Ordinary Shares, have a nil purchase price and will vest over four years in equal annual portions. The grants aim to promote the company's success, enhance value by linking employee interests with shareholders, and serve as an incentive for outstanding performance and talent retention.
Key Highlights
- Hesai Group granted 139,120 Restricted Share Units (RSUs) to 37 employees.
- The awards represent 139,120 Class B Ordinary Shares.
- The purchase price for the RSUs is nil.
- Market price was HK$158.5 per Class B Ordinary Share or US$20.025 per ADS.
- Awards will vest over four years in four equal annual portions.
- No performance targets are attached to the RSU vesting.
- 13,818,511 Class B Ordinary Shares remain available for future grants.
Price Impact
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