granted Ho restricted shares worth US$19.3million<\/em><\/strong><\/a>.<\/p>\n\n\n\nAccording to Tuesday’s filing, Melco International Development will give a total of 2,931,000 share options to distribute, of which 2,019,000 options will be granted to company directors.<\/p>\n\n\n\n
The company also added that 1,111,000 options granted can be exercised from today (April 14th), while another 1,108,000 options a year from today (April 14th 2021).<\/p>\n\n\n\n
An additional 356,000 will be granted from two years from now (April 14th 2022) and the remaining 356,000 in three years (April 14th 2023).<\/p>\n\n\n\n
With the exercise price listed at HK$12.70, it represents the closing price of Melco International Development shares on today’s date (April 14th), with a vesting date of 13 April 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"
Around three million share options have been granted, with Chairman and CEO Lawrence Ho taking 1.5 million of them.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Melco International Development has granted approximately three million share options to selected executives and employees, including 1.5 million to Chairman and CEO Lawrence Ho. These options, with an exercise price of HK$12.70, are part of the company's long-term incentive plan, featuring a staggered vesting schedule over three years and a final vesting date in 2030.","focusai_entities":"Melco International Development, Melco Resorts & Entertainment, Lawrence Ho, NASDAQ","focusai_location":"Hong Kong","focusai_target_profile":"ceo_executive (0.9), investor_analyst (1.0), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Impact on Shareholder Value?","query":"How does the dilution potential from these share options, combined with the previously reported restricted share grant, impact Melco International Development's long-term shareholder value and earnings per share?"},{"label":"Governance Implications?","query":"What are the specific governance implications of granting such a significant proportion of share options to company directors, particularly the CEO, and how does this align with best practices for executive compensation in publicly traded gaming entities?"}],"footnotes":""},"categories":[160,28,161,16338],"tags":[96,1619,665,291],"class_list":["post-5599","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-daily-news","category-east-asia-news","tag-asia","tag-hong-kong","tag-melco","tag-shares"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=5599"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5599\/revisions"}],"predecessor-version":[{"id":777010411,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5599\/revisions\/777010411"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=5599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=5599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=5599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}