Recast youth

Chapter 1112 Giants and Dwarfs in Action

Ye Feng and Wang Xin are two completely opposite types of people.

Ye Feng is a giant in words but a dwarf in actions. Wang Xin is a dwarf in words but a giant in actions. After discussing the equity incentive plan with Ye Feng in the morning, she made the entire plan in the afternoon.

After reading it, Ye Feng discovered that Wang Xin's plan was extremely professional and detailed. In addition to the equity settlement method and cash settlement method mentioned in the morning, it also included the source of the underlying equity, quantity recommendations, and company law.

Sources of equity: 1. Acquisition from existing shareholders, 2. Equity transfer, 3. Issuance of additional shares to incentive targets.

1. Article 142 of the "Company Law" stipulates: "The general meeting of shareholders resolves that the repurchased shares shall be transferred to employees within one year, and the purchased shares shall not exceed 5% of the total issued shares. (Note: it is the issuance of shares (rather than paid-up shares), and the repurchase funds come from the company's after-tax profit expenditures."

2. Article 142 of the "Company Law" stipulates: "The shares held by the promoters may not be transferred within one year from the date of listing of the company. The shares transferred each year by directors, supervisors and senior officers during their tenure shall not exceed the total number of shares of the company. 20.00% five.”

3. The "Company Law" stipulates: "The original shareholders have the first right to subscribe for new capital."

Treatment method: a. The company's articles of association stipulate that the original shareholders of the new capital used for equity incentives do not have preemptive rights. b. The company's shareholders will vote separately on equity incentive matters to give up the priority. The former is more stable.

Below are the detailed supporting documents required for the two types of equity incentives.

Examples include: "Lanshan Company Equity Incentive Plan", "Lanshan Company Equity Incentive Plan Implementation Assessment and Management Methods", "Lanshan Company Equity Option Incentive Agreement".

There are also "Written Performance Appraisal Report of Incentive Object XXX" and "Letter of Commitment and Authorization Letter of Incentive Object" and so on.

……

Wang Xin's plan was written simply and clearly, even Ye Feng, who didn't know much about shareholding systems, could easily understand it. Then the two of them discussed the equity incentives for senior leaders. During the validity period of the equity incentive plan, each issue will be granted For restricted stocks, the lock-up period shall not be less than 2 years. Upon expiration of the lock-up period, the number of shares that can be unlocked (transferred, sold) by the incentive object shall be determined based on the equity incentive plan and the completion of performance goals. The unlock period shall not be less than 3 years. , in principle, a uniform unlocking method will be adopted during the unlocking period.

Ye Feng’s understanding is the matryoshka model. During each full year of employment, employees who are rewarded with equity incentives can exercise 1/4 of the total number of options. If you resign at this time, then I’m sorry, the remaining 3/ 4 equity, the company is going to take it back.

So no matter which employee resigns at this time, he will feel a pity. If he stays for one more year, he can unlock 1/4 again. If he stays like this, 4 years will pass. If he is rewarded with some equity in the middle, he will be cheated again. The baby succeeds.

A very confusing reward mechanism.

You must know that what people are most afraid of is not not making money, but the fear of losing money. Isn't it a pity that if you leave early and the equity that cannot be cashed is taken back by the company, it is the same as losing money?

After Ye Feng and Wang Xin finished discussing the equity plan, Ye Feng was really impressed by Wang Xin's work ability. She was quite like "Sister Xin is a tough-blooded man who can stand people on her shoulders and run horses on her hips."

In this regard, Ye Feng, who has a relatively limited vocabulary, can't think of any adjectives to describe Wang Xin's strength except "fuck", "niubi". You must know that Wang Xin has never worked in China before. She just graduated from Stanford University. Through her connections in the Chinese community in the university, she entered the Yahoo headquarters in Silicon Valley through Jerry Yang and reached the position of vice president. She was invited by Ye Feng before returning to China. During a busy period of business, she was able to combine domestic work so quickly. The Company Law makes the equity plan so beautiful.

There really is no other adjective for this except Niubi.

Because Ye Feng knows very well that there are too many people in this society who have high ambitions and low abilities, especially at this time point in 06, anyone who has returned from studying abroad has an awesome and coaxing look, and the result is really disappointing to him To get started, the business ability is not as good as that of an employee who has worked his way up from the bottom.

Ye Feng and Wang Xin decided on the specific plan.In the afternoon.

Ye Feng was not in the company, but came to the Lanshan Club with Wen Yueqi. The two of them wanted to relax. Ye Feng was afraid that Wen Yueqi would be bored in the company. Besides, it was rare for her to return to China. As the host, he should have a good time with her. For play.

As for Wen Yueqi's idea, Ye Feng was suffering from moderate depression, and it would be better to divert his attention. It can be said that the two started from different places, but their ending points coincided.

Wen Yueqi moved her arms and said to Ye Feng with a smile: "Yesterday I wore a skirt, which was inconvenient. Today I specially wore trousers. Do you want to have a badminton competition now?"

Wen Yueqi was dressed very simply and beautifully today. She wore a simple pair of slim fit casual jeans, paired with her regular and layered striped top, which made her look not only elegant but also fashionable.

Ye Feng has seen many beauties, but Wen Yueqi's elegant and royal temperament is unique. It's a bit like when you see her, your heart will be moved and you will appreciate her, but you will not have blasphemous thoughts.

If it had been yesterday, Ye Feng would have been happy to play badminton with Wen Yueqi, and secretly admire the dynamic beauty of Wen Yueqi's running and beating. However, the diagnosis of moderate depression still stuffed in his pocket made him unhappy. Got this idea.

Ye Feng is not so naive. He knows that depression is considered serious when it reaches moderate levels. At the end of the day, Ye Feng will occasionally wonder whether he will also feel that the world is gray when he suffers from severe depression. , and then like Kong Jingke that day, when he walked to a high-rise window sill, he couldn't help but think: Did he jump from here? Then the whole world became quiet, and then all responsibilities, right and wrong, were all with him. Doesn't matter anymore?

At this time, Wen Yueqi's voice woke up Ye Feng: "What are you thinking about?"

"No, I suddenly became a little distracted."

Ye Feng came back to his senses, smiled and said.

Wen Yueqi felt that Ye Feng's smile was particularly lifeless, especially like a dying tree with no vitality lying on the hospital bed. Then he turned his head and told you with a silent smile in his eyes that he was fine.

Why would a man who clearly has a great life and future do this?
Wen Yueqi felt a little uncomfortable and felt pity, but she did not say it out loud. Instead, she looked at Ye Feng and said, "I want to ask you, do you want to play badminton?"

"do not fight."

Ye Feng shook his head and said, "I'll show you something."

"What?" Wen Yueqi looked at Ye Feng curiously.

"I want to set up a security company." Ye Feng took out his mobile phone and called the security manager Leng Guofeng. He had mentioned this plan to Leng Guofeng before, and Ye Feng wanted to see how Leng Guofeng was doing.

"Is it because of what happened on the streets of New York?" Wen Yueqi thought of Ye Feng who was almost stabbed to death by two black men in New York.

"More or less. It's not a bad thing to have more security around you."

Ye Feng nodded, and at this time Leng Guofeng's phone was connected. Ye Feng said to the phone: "Go to the front desk on the first floor of the club, I will wait for you here."

(End of this chapter)