Xpeng CEO He Xiaopeng can unlock the full award if the company’s Hong Kong-traded share price rises to HK$750 from the current HK$89.55 within 10 years.
The total value of the proposed grant is about HK$2.55 billion ($328 million) based on today’s closing price.
Xpeng plans to award CEO 28.5 million shares, with stock performance-related conditions
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