Interim Report 2011

Sunny Optical Technology (Group) Company Limited 舜宇光學科技（集團）有限公司 / Interim Report 2011 中期報告 50 Notes to Condensed Consolidated Financial Statements FOR THE SIX MONTHS ENDED 30 JUNE 2011 簡明綜合 財務報表附註 截至二零一一年六月三十日止六個月 20. 受限制股份獎勵計劃（續） 在向特選參與者授出股份（「限制性股份」） 時，信託在公開市場上購買將予授出之本 公司股份，並由本公司以供款方式提供資 金。根據受限制股份獎勵計劃授出的限制 性股份由授出日期一週年當日起計至第三 到第五（視情況而定）個週年日期間，每個 週年日分批歸屬三分之一至五分之一（視 情況而定）的限制性股份。已歸屬的股份 無償轉讓予特選參與者，惟特選參與者須 承擔轉讓本公司股份應佔或應付的開支。 授出限制性股份須待特選參與者接納方可 作實。授予特選參與者但不獲接納的限制 性股份為不獲接納股份。受託人可動用以 信託方式持有的所收取的任何現金及非現 金收入購買額外股份，但在購買額外股份 時須已支付信託的所有開支。信託須以信 託方式持有額外股份、不獲接納股份及未 歸屬股份，並在委員會（由董事會薪酬委 員會及本公司的高級管理層（包括行政總 裁、公司秘書、人力資源部主管及財務部 主管）組成）的指示下向現有或新的特選參 與者授出該等股份。 作為獎勵的限制性股份的公允值按本公司 股份於授出日期的市價釐定。 20. Restricted SHARE AWARD SCHEME (Continued) Upon granting of shares to the Selected Participants (“Restricted Shares”), the Trust purchases the Company’s shares being awarded from the open market with funds provided by the Company by way of contributions. Restricted Shares granted under the Restricted Share Award Scheme are subject to a vesting scale in tranches of one-third to one- fifth each (as the case may be) on every anniversary date of the grant date starting from the first anniversary date until the third to the fifth anniversary (as the case may be). The vested shares are transferred to Selected Participants at no cost except that the expenses attributable or payable in respect of the transfer of such shares of the Company shall be borne by the Selected Participants. The grant of Restricted Shares is subject to acceptance by the Selected Participants. Restricted Shares granted to but not accepted by the Selected Participants shall become unaccepted shares. The Trustee may use any remainder of cash and non-cash income received by the Trust in respect of the Shares held upon trust to purchase additional Shares after defraying all expenses incurred by the Trust prior to the purchase of additional shares. The Trust shall hold the additional shares, unaccepted shares and unvested shares upon trust and may make any grant to existing or new Selected Participants after receiving instructions from the committee, comprising the remuneration committee of the board of directors and the senior management of the company including the Chief Executive Officer, the Company secretaries, the head of human resources department and the head of finance department. The fair value of Restricted Shares awarded was determined based on the market value of the Company’s shares at the grant date.