Participated in a love variety show and was forced to debut and rise! /You are a variety artist

Zhang Jiaming has been in the entertainment industry for most of his life. He is very dedicated to his career and is very stable. He saw that Li Yichen saw it very clearly and said with a smile: "But... I guess that kid must be more scared than happy now, and he will definitely have to hide for a while. Yes, haha... When you get home later, help me edit a congratulatory text message and send it to him."

"Li Yichen will be scared to death when he receives a text message from the teacher, haha."

The agent driving the car could imagine that with Li Yichen's character and his respect for Teacher Zhang Jiaming, he would definitely call him as soon as he received the text message.

Moreover, the agent could also guess the intention behind Teacher Zhang Jiaming asking him to send this congratulatory text message to Li Yichen. It was nothing more than a kind reminder.

When the congratulatory text message was sent, as expected by the manager, within 2 minutes, Li Yichen called.

The agent smiled and handed the phone to Teacher Zhang Jiaming.

Just as Zhang Jiaming expected, Li Yichen was really frightened and worried about whether someone wanted to flatter him or kill him.

Chapter 384 Incentive policy for spreading to the east

"Hey, isn't this the man we took care of? Why don't you come in person?"

"Director Wang, it's just a joke for others, why don't you come too?"

"Haha, everyone is carrying the sedan chair."

"No, I'm afraid of falling."

Li Yichen has been very annoyed these days and complained: "I don't know who makes statistics like this for news. Isn't this nonsense? Even Teacher Zhang Jiaming sent a text message to congratulate me, which scared me to the point of breaking out in a cold sweat."

"Haha."

Wang Gaoming saw that Li Yichen was not dazzled by the sudden praise. Now he was really happy for Li Yichen: "Sit down."

Li Yichen remained the same, pouring himself a cup of tea and adding it to Wang Gaoming: "Isn't it someone who wants to harm me?"

"Then if you were still in the Propaganda Department and found this entry point, what would you do?"

Wang Gaoming asked back.

"Me? I should also write like this, ugh..."

If he were still in the Propaganda Department and found such an excellent publicity entry point, he would not hesitate to use it to write a publicity article.

Hope it's just a coincidence.

Li Yichen sighed slightly, he was going to hide during this time.

"Don't worry... This is something to be happy about. Take ten thousand steps back. If anything happens, we will stand with you."

Wang Gaoming rarely saw Li Yichen frowning, and he seemed really uneasy.

In the final analysis, it was successful too quickly and it took time to adapt to the new public opinion environment.

Wang Gaoming comforted Li Yichen and changed the topic: "The TV station's equity and option incentive policy and list have been finalized. I want you to come over and take a look."

With that said, he took a large stack of documents to Li Yichen.

"so much?"

It has been almost three years since the TV station announced that it would formulate an equity incentive policy. After spending nearly three years formulating and reviewing the incentive plan, today, the incentive list has finally been finalized.

Li Yichen holds in his hands the "Notice of Equity Grant of Donghua Media Co., Ltd. Radio and Television Station", "Notice of Option Grant of Donghua Media Co., Ltd. Radio and Television Station", "Option Subscription Agreement of Donghua Media Co., Ltd. Radio and Television Station", "Donghua Media Co., Ltd. Radio and Television Station" There are thousands of pages of related documents including the Notice of Incentive Option Exercise.

Before it could be turned over, Tianling Gai was already aching.

At this time, if you try hard to understand it yourself, you may not be able to figure it out even if you spend a few weeks.

So after Li Yichen sat with Wang Gaoming for more than ten minutes, he still chose to invite friends from the legal department of the TV station for coffee.

in the cafe.

A friend from the legal department flipped through the documents: "Let me tell you briefly..."

"First, the TV station will evaluate the top 3 TV station management and some core and backbone employees based on a complex evaluation method such as job number, position, and contribution, and grant a total of 6% of the equity in a stepped proportion. (According to the valuation given by a professional third party of the TV station as of June 30 this year, the total value is approximately 2.4637 million yuan)."

"After dynamic evaluation, a certain proportion of options (incentive shares) will be granted to TV station management and some core, backbone (Safflower), and operational (Greenleaf) employees who meet certain conditions."

"Second, the TV station will establish an employee option pool with a total of 4.5 billion employee options with a registered capital of 6 million yuan ("employee option equity", each yuan of registered capital is divided into 27 employee options). In addition to the above evaluation In addition to the standards, it also introduces evaluation indicators such as return on net assets, total revenue growth rate, and net profit growth rate from the company dimension, combined with performance evaluation indicators from the employee dimension."

"The grant date of the options is January 1 next year."

“Third, classify grantor qualifications into six categories ABCDEF to set the redemption schedule for incentive options.”

"Category A qualifications are granted to operating employees who have worked in the TV station for more than 6 years as of the date of grant. The vesting period is 1 year. On the last day of the vesting year, 100% of the total incentive options granted can be redeemed."

"Class B qualifications are granted to key employees who have worked in the TV station for more than 5 years as of the grant date. The vesting period is 2 years. On the last day of the first vesting year, 75% of the total incentive options granted can be redeemed. 25% of the total incentive options granted will be vested on the last day of the second vesting year.”

"Category C qualifications are granted to core employees who have worked in the TV station for more than 4 years as of the grant date. The vesting period is 3 years. On the last day of the first vesting year, 50% of the total incentive options granted can be redeemed. For the remaining vesting years, 25% of the total incentive options granted can be redeemed on the last day of each vesting year.”

"Class D qualifications are granted to core employees who have worked in the TV station for more than 3 years as of the grant date. The vesting period is 4 years. On the last day of the first vesting year, 25% of the total incentive options granted can be redeemed. For the remaining vesting years, 25% of the total incentive options granted can be redeemed on the last day of each vesting year.”

"Class E qualifications are granted to core employees who have worked in the TV station for more than 2 years as of the grant date. The vesting period is 5 years. On the last day of the first vesting year, 20% of the total incentive options granted can be redeemed. For the remaining vesting years, 20% of the total incentive options granted can be redeemed on the last day of each vesting year.”

"Class F qualifications are granted to employees above the director level who have worked in the TV station for more than 2 years as of the grant date. The vesting period is 6 years. On the last day of the first vesting year, 20% of the total incentive options granted can be redeemed. %, for the remaining vesting years, 16% of the total incentive options granted can be redeemed on the last day of each vesting year.”

"Fourth, in addition to the above-mentioned redemption time schedule, other redemption progress and conditions stipulated in the option incentive document must be met, including but not limited to the performance appraisal goals that individuals should achieve and the stage goals that the TV station should achieve."

"If the performance appraisal result is [D] or below, the incentive options that can be redeemed in the current period and the subsequent incentive options will be delayed for one year."

"If the performance appraisal result is [E] or below, the incentive options that can be redeemed in the current period will be cancelled."

“If the performance appraisal result is [D] or below for two consecutive years, all remaining incentive options will be cancelled.”

"If the TV station cannot achieve its phased goals, all incentive options currently redeemable by the grantee will be cancelled."

“…the Board of Directors shall have sole discretion as to the scope of grantees.”

"Significant shareholders or actual controllers who hold more than 5% of the company's shares, and spouses or immediate close relatives of major shareholders or actual controllers who hold more than 5% of the company's shares are not among the grantees of this plan."

"Do you understand?"

"……No."

Li Yichen's eyes were empty.

After a while.

Li Yichen chose to simplify the understanding again: "Just tell me directly how much money I can get."

"Ha ha ha ha……"

My friend from the legal department laughed: "Then I will help you calculate an estimated number."

"According to the documents and terms I just briefly told you, you can get two parts of the money, one part is shares and the other part is options.

For the shares, according to the evaluation results, you are ranked 56th. The proportion of ladder rewards is 1.0656%. Multiplied by the total equity of 3%, the result is...0.031968%, and the valuation...262.53 million.

In other words, based on the valuation given to our TV station by an authoritative third party, you will own 260% of the total equity of the TV station, worth [-] million.

As for the options, you are a Category C employee with a vesting period of three years. Assuming all the vesting conditions are met, you can get options worth about 60 in the first year, and in the next two years, you can get options worth about 30 each year. ...Of course this is just the roughest estimate..."

Out of professional habit, my friend from the legal department said such flawed words. He felt so uncomfortable that he wanted to commit suicide. He muttered and added.

“For example, if you want to cash out incentive options, there are two main ways.

One is transfer and the other is repurchase.

For transfer, at least three most important conditions need to be met.

First, Dongchuan went public.

Second, the incentive option must be held for three years and the incentive option must be held for one year from the date of self-right.

Third, there is no violation of relevant laws and regulations.

Then, no more than 25% of all vested incentive shares may be transferred each year.

If repurchased.

There are two calculation methods.

The first is to calculate a [-]% discount on the equity price per share based on the net assets of the TV station in the year before the repurchase.

Second, based on various factors such as the grantee's contribution, the TV station's cash flow, etc., the price is 1 to 3 times the exercise price per share.

After calculating the two, the one with the higher price will be repurchased. "

"..."

buzzing.

What is he talking about?

Li Yichen only remembered nearly 400 million and covered his ears in pain.

"Stop reading, stop reading."

Push books to save life

I recently read a spy book, "Cicada Moves."

There is also a domestic drama "The Beginning". I have read both the drama and the novel of the same name. I personally recommend just watching the TV series. Although the script is still a bit empty after being filled in, the actors, lines, and CP... these aspects are very good.

If you are interested, you can try it.

Chapter 385 Assistant

After Li Yichen finished chatting with his colleagues in the legal department, he grabbed some extra coffee and pastries and walked to the legal department together. On the way, he digested the thousands of pages of documents into one sentence.

The equity he can obtain plus the options he can exercise in the future will account for about five ten thousandths of the total equity of the TV station if there is no change.

It can be considered a mini micro-shareholder.

However, his colleagues in the legal department also reminded him that the preciousness of this part of equity and options is that they have a price but no market.

With Dongchuan's current booming development momentum, when it goes public in a few years, its value will increase at least ten times based on the premium in the stock market.

In other words, within a few years, the equity in his hands will be worth at least 4000 million.

After getting this number, Li Yichen's uneasiness caused by public opinion dissipated a lot.

I happily started signing various documents.

After signing the authorization document, Li Yichen left the legal department and passed Wang Gaoming's office on the way back to the research office. He went in and asked curiously.

"Director Wang, where are you ranked?"