ESOPJul 15, 2026, 06:12 AM
NetEase Amends and Restates 2019 Share Incentive Plan
AI Summary
NetEase, Inc. has adopted a Second Amended and Restated 2019 Share Incentive Plan to attract and retain personnel, provide incentives, and promote business success. The plan allows for the grant of Restricted Share Units and Options, with a maximum aggregate of 322,458,300 Ordinary Shares or 10% of total issued and outstanding Ordinary Shares. It also sets a sublimit of 1% for consultants and details the administration and terms for various awards, including exercise prices and option periods.
Key Highlights
- Second Amended and Restated 2019 Share Incentive Plan adopted.
- Maximum aggregate shares for awards: 322,458,300 Ordinary Shares or 10% of outstanding shares.
- Consultant sublimit for new shares: 1% of total issued and outstanding Ordinary Shares.
- Options term not to exceed ten years from the date of grant.
- Incentive Share Options limited to US$100,000 Fair Market Value per grantee annually.
- Exercise price for new share options is the higher of closing price on grant date or 5-day average.
Price Impact
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