[Les Enphants] Announcement of Board Resolution to Issue Restricted Stock Awards to Employees
Les Enphants' board of directors resolved to issue 1,500,000 Restricted Stock Awards (RSAs) to employees gratuitously, aiming to retain talent and link employee performance with company profitability over a 3-year vesting period.
📋 Article Processing Timeline
- 📰 Published: April 17, 2026 at 09:00
- 🔍 Collected: April 18, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 18, 2026 at 21:57 (13h 56m after Collected)
1. Date of the board of directors resolution: 2026/04/17
2. Expected issue price: Issued at NT$0 per share, distributed to employees gratuitously.
3. Expected total amount of issuance (shares): The expected total amount of common shares issued is NT$15,000,000, with a par value of NT$10 per share, totaling 1,500,000 shares.
4. Vesting conditions:
(1) Employees who remain employed at the expiration of the following vesting periods from the date of allocation, have not violated employment contracts, work rules, trust agreements, NDA, or non-compete agreements, and meet the "Personal Performance" conditions, can vest shares in the following proportions:
A. 1 year after allocation: 34%
B. 2 years after allocation: 33%
C. 3 years after allocation: 33%
(2) "Personal Performance" conditions:
A. If company pre-tax net profit is positive, unit targets are met, and personal rating is 85+: 100% of that year's proportion vests.
B. If company pre-tax profit is not positive or unit targets are not met: 0% vests.
C. If personal rating is below 85: 0% vests.
5. Handling of unvested shares or inheritance:
Unvested shares due to resignation, retirement, dismissal, or failure to meet conditions will be reclaimed by the company at no cost and cancelled. Exceptions and specific calculations apply for unpaid leave, transfer to affiliates, death, or occupational injury, as detailed in the measures.
6. Other issuance conditions: None.
7. Employee qualification: Full-time employees of the company and its domestic/overseas subsidiaries on the grant date. Actual allocations are approved by the Chairman based on seniority, performance, and contribution, then submitted to the Board.
2. Expected issue price: Issued at NT$0 per share, distributed to employees gratuitously.
3. Expected total amount of issuance (shares): The expected total amount of common shares issued is NT$15,000,000, with a par value of NT$10 per share, totaling 1,500,000 shares.
4. Vesting conditions:
(1) Employees who remain employed at the expiration of the following vesting periods from the date of allocation, have not violated employment contracts, work rules, trust agreements, NDA, or non-compete agreements, and meet the "Personal Performance" conditions, can vest shares in the following proportions:
A. 1 year after allocation: 34%
B. 2 years after allocation: 33%
C. 3 years after allocation: 33%
(2) "Personal Performance" conditions:
A. If company pre-tax net profit is positive, unit targets are met, and personal rating is 85+: 100% of that year's proportion vests.
B. If company pre-tax profit is not positive or unit targets are not met: 0% vests.
C. If personal rating is below 85: 0% vests.
5. Handling of unvested shares or inheritance:
Unvested shares due to resignation, retirement, dismissal, or failure to meet conditions will be reclaimed by the company at no cost and cancelled. Exceptions and specific calculations apply for unpaid leave, transfer to affiliates, death, or occupational injury, as detailed in the measures.
6. Other issuance conditions: None.
7. Employee qualification: Full-time employees of the company and its domestic/overseas subsidiaries on the grant date. Actual allocations are approved by the Chairman based on seniority, performance, and contribution, then submitted to the Board.