Baozun, Inc. Class A (HK:9991) has released an update.
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Baozun Inc. has announced the grant of 299,607 restricted share unit awards (RSUs) to three of its employees under the 2022 share incentive plan, with vesting set for September 18, 2024, contingent upon meeting performance targets. These awards, which are tied to the company’s revenue and profit growth, do not require the grantees to pay any purchase price. The RSUs are also subject to clawback provisions under certain conditions, including misconduct or material loss to the Group.
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