JNBY Design Ltd. Grants 7.12 Million RSUs to Senior Management and Employees Under Revised Compensation Plan
Reuters
Sep 29
JNBY Design Ltd. Grants 7.12 Million RSUs to Senior Management and Employees Under Revised Compensation Plan
JNBY Design Ltd. has announced the grant of 7,120,000 restricted share units (RSUs) to 60 senior management members and employees under its RSU Scheme. Among the recipients is Ms. Tang Yu, special assistant to the chief creative officer, who received RSUs representing 120,000 shares. The company has authorized the purchase of the shares from the market, and each participant will be required to pay HK$3.2 per share upon exercise of the RSUs. The shares will be held until they vest according to the plan.
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