【Jing Ding】Board of Directors Resolves to Establish "Employee Stock Option Warrants Issuance and Subscription Methods" for 2026
Jing Ding's Board of Directors has resolved to establish the "Employee Stock Option Warrants Issuance and Subscription Methods" for 2026. A total of 1.6 million units will be issued, with exercise gradually becoming available after two years of employment, aiming to enhance employee motivation and contribute to corporate growth.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 09:08 (1h 8m after Collected)
1. Date of Board Resolution: 2026/05/08
2. Issuance Period: Within two years from the date of approval notification from the competent authority, issued once or in installments as needed. The actual issuance date shall be determined by the Chairman.
3. Qualifications for Stock Option Holders:
(1) Limited to full-time employees within the formal organizational structure of the company and its domestic and foreign subsidiaries (referring to companies in which the company directly or indirectly holds more than 50% of the total issued shares). The employees eligible for subscription and the number of shares they can subscribe to shall be determined by the General Manager, based on factors such as seniority, job level, work performance, special contributions, or other management-related considerations, and then submitted to the Board of Directors for decision. However, if the stock option holder is a manager or a director with employee status, it shall first be submitted to the Remuneration Committee for approval, and then to the Board of Directors for resolution; if the employee does not hold manager status, it shall first be submitted to the Audit Committee for approval, and then to the Board of Directors for resolution.
(2) In accordance with Article 56-1, Paragraph 1 of the "Regulations Governing the Offering and Issuance of Securities by Issuers," the cumulative number of shares that a single stock option holder may subscribe to, plus the cumulative number of new restricted shares acquired by employees, shall not exceed three thousandths (0.3%) of the total issued shares. Additionally, the cumulative number of shares that a single stock option holder may subscribe to, plus the cumulative number of new restricted shares acquired by employees under Article 56, Paragraph 1 of the same regulations, shall not exceed one percent (1%) of the total issued shares.
4. Total Number of Employee Stock Option Warrants Issued: A total of 1,600,000 units will be issued.
5. Number of Shares Callable Per Unit of Stock Option Warrant: Each unit of stock option warrant entitles the holder to subscribe to one common share of the company.
6. Total Number of New Shares to be Issued Due to Exercise of Stock Options or Shares to be Repurchased in Accordance with Article 28-2 of the Securities and Exchange Act:
The total number of new common shares to be issued due to the exercise of stock options is 1,600,000 shares.
7. Subscription Price: The subscription price shall be the closing price of the company's common shares traded on the Taiwan Stock Exchange on the issue date of these stock option warrants.
8. Exercise Period of Stock Options:
(1) The stock option warrants shall have a duration of 5 years. Upon expiration, any unexercised stock options shall be deemed abandoned, and the stock option holder may no longer claim their exercise rights; these stock option warrants shall not be transferred, pledged, gifted to others, or otherwise disposed of, except in the case of inheritance upon the death of the stock option holder.
(2) Stock option holders may exercise their stock options according to the following schedule after two full years from the date of grant:
Exercise Ratio of Stock Options During Grant Period (Cumulative)
After 2 years: 20%
After 3 years: 60%
After 4 years: 100%
(3) If a stock option holder, after being granted employee stock options by the company, commits a serious breach of the employment contract with the company or the company's work rules, the company reserves the right to reclaim and cancel any unexercisable stock options or exercisable but unexercised stock options.
9. Type of Shares to be Subscribed: Common shares of the company.
10. Handling of Employee Resignation or Inheritance:
(1) Voluntary Resignation:
For exercisable stock options, the holder may exercise the exercisable portion within 30 days from the date of resignation. However, if there is a legal suspension of transfer, the exercise period may be extended sequentially by the duration of the suspension, but still within the validity period of these stock option warrants. If the rights are not exercised within the aforementioned period, they shall be deemed abandoned; unexercisable stock options shall be deemed abandoned on the date of resignation, and the company has the right to reclaim and cancel the granted stock option warrants.
(2) Dismissal:
If a stock option holder is dismissed by the company due to a serious breach of the employment contract with the company or work rules, or a violation of Article 12 of the Labor Standards Act, the granted stock option warrants (whether exercisable or not) shall become invalid from the date of dismissal.
(3) Retirement:
For exercisable stock options as stipulated in Paragraph (2) of this Article, the holder may exercise the rights within the valid duration of the stock option warrants. However, if non-compete restrictions are violated, the company has the right to reclaim and cancel the exercisable stock option warrants. Unexercisable stock options shall be deemed abandoned on the date of retirement.
(4) General Death:
For exercisable stock options, the heir may exercise the rights within one year from the date of completing necessary inheritance procedures according to law, but still within the validity period of these stock option warrants; unexercisable stock options shall become invalid on the date of death.
(5) Disability or Death Due to Occupational Disaster:
(A) For those who become disabled due to an occupational disaster and cannot continue employment, all granted stock options may be exercised upon resignation, without being subject to the limitations on exercisable proportions at the end of the schedule as per Paragraph (2) of this Article. However, these stock options must be exercised within one year from the date of resignation or two years after the stock option warrants were granted (whichever is later), but still within the validity period of these stock option warrants.
(B) For those who die due to an occupational disaster, all granted stock options may be exercised by the heir upon completing necessary inheritance procedures according to law, without being subject to the limitations on exercisable proportions at the end of the schedule as per Paragraph (2) of this Article. However, these stock options must be exercised within one year from the date of death or two years after the stock option warrants were granted (whichever is later), but still within the validity period of these stock option warrants.
(6) Leave of Absence Without Pay:
For stock option holders approved for leave of absence without pay by the company, their exercisable stock options may be exercised within 30 days from the start date of the leave of absence. However, if there is a legal suspension of transfer, the exercise period may be extended sequentially by the duration of the suspension. If the rights are not exercised within the aforementioned period, or unexercisable stock option warrants may be reinstated after returning to work. Keywords: Material Information
2. Issuance Period: Within two years from the date of approval notification from the competent authority, issued once or in installments as needed. The actual issuance date shall be determined by the Chairman.
3. Qualifications for Stock Option Holders:
(1) Limited to full-time employees within the formal organizational structure of the company and its domestic and foreign subsidiaries (referring to companies in which the company directly or indirectly holds more than 50% of the total issued shares). The employees eligible for subscription and the number of shares they can subscribe to shall be determined by the General Manager, based on factors such as seniority, job level, work performance, special contributions, or other management-related considerations, and then submitted to the Board of Directors for decision. However, if the stock option holder is a manager or a director with employee status, it shall first be submitted to the Remuneration Committee for approval, and then to the Board of Directors for resolution; if the employee does not hold manager status, it shall first be submitted to the Audit Committee for approval, and then to the Board of Directors for resolution.
(2) In accordance with Article 56-1, Paragraph 1 of the "Regulations Governing the Offering and Issuance of Securities by Issuers," the cumulative number of shares that a single stock option holder may subscribe to, plus the cumulative number of new restricted shares acquired by employees, shall not exceed three thousandths (0.3%) of the total issued shares. Additionally, the cumulative number of shares that a single stock option holder may subscribe to, plus the cumulative number of new restricted shares acquired by employees under Article 56, Paragraph 1 of the same regulations, shall not exceed one percent (1%) of the total issued shares.
4. Total Number of Employee Stock Option Warrants Issued: A total of 1,600,000 units will be issued.
5. Number of Shares Callable Per Unit of Stock Option Warrant: Each unit of stock option warrant entitles the holder to subscribe to one common share of the company.
6. Total Number of New Shares to be Issued Due to Exercise of Stock Options or Shares to be Repurchased in Accordance with Article 28-2 of the Securities and Exchange Act:
The total number of new common shares to be issued due to the exercise of stock options is 1,600,000 shares.
7. Subscription Price: The subscription price shall be the closing price of the company's common shares traded on the Taiwan Stock Exchange on the issue date of these stock option warrants.
8. Exercise Period of Stock Options:
(1) The stock option warrants shall have a duration of 5 years. Upon expiration, any unexercised stock options shall be deemed abandoned, and the stock option holder may no longer claim their exercise rights; these stock option warrants shall not be transferred, pledged, gifted to others, or otherwise disposed of, except in the case of inheritance upon the death of the stock option holder.
(2) Stock option holders may exercise their stock options according to the following schedule after two full years from the date of grant:
Exercise Ratio of Stock Options During Grant Period (Cumulative)
After 2 years: 20%
After 3 years: 60%
After 4 years: 100%
(3) If a stock option holder, after being granted employee stock options by the company, commits a serious breach of the employment contract with the company or the company's work rules, the company reserves the right to reclaim and cancel any unexercisable stock options or exercisable but unexercised stock options.
9. Type of Shares to be Subscribed: Common shares of the company.
10. Handling of Employee Resignation or Inheritance:
(1) Voluntary Resignation:
For exercisable stock options, the holder may exercise the exercisable portion within 30 days from the date of resignation. However, if there is a legal suspension of transfer, the exercise period may be extended sequentially by the duration of the suspension, but still within the validity period of these stock option warrants. If the rights are not exercised within the aforementioned period, they shall be deemed abandoned; unexercisable stock options shall be deemed abandoned on the date of resignation, and the company has the right to reclaim and cancel the granted stock option warrants.
(2) Dismissal:
If a stock option holder is dismissed by the company due to a serious breach of the employment contract with the company or work rules, or a violation of Article 12 of the Labor Standards Act, the granted stock option warrants (whether exercisable or not) shall become invalid from the date of dismissal.
(3) Retirement:
For exercisable stock options as stipulated in Paragraph (2) of this Article, the holder may exercise the rights within the valid duration of the stock option warrants. However, if non-compete restrictions are violated, the company has the right to reclaim and cancel the exercisable stock option warrants. Unexercisable stock options shall be deemed abandoned on the date of retirement.
(4) General Death:
For exercisable stock options, the heir may exercise the rights within one year from the date of completing necessary inheritance procedures according to law, but still within the validity period of these stock option warrants; unexercisable stock options shall become invalid on the date of death.
(5) Disability or Death Due to Occupational Disaster:
(A) For those who become disabled due to an occupational disaster and cannot continue employment, all granted stock options may be exercised upon resignation, without being subject to the limitations on exercisable proportions at the end of the schedule as per Paragraph (2) of this Article. However, these stock options must be exercised within one year from the date of resignation or two years after the stock option warrants were granted (whichever is later), but still within the validity period of these stock option warrants.
(B) For those who die due to an occupational disaster, all granted stock options may be exercised by the heir upon completing necessary inheritance procedures according to law, without being subject to the limitations on exercisable proportions at the end of the schedule as per Paragraph (2) of this Article. However, these stock options must be exercised within one year from the date of death or two years after the stock option warrants were granted (whichever is later), but still within the validity period of these stock option warrants.
(6) Leave of Absence Without Pay:
For stock option holders approved for leave of absence without pay by the company, their exercisable stock options may be exercised within 30 days from the start date of the leave of absence. However, if there is a legal suspension of transfer, the exercise period may be extended sequentially by the duration of the suspension. If the rights are not exercised within the aforementioned period, or unexercisable stock option warrants may be reinstated after returning to work. Keywords: Material Information