Table 1.

Statistics of stock option elements design from 2006 to 2016

Element
design
IndicatorsMeanSDMedianMinimumMaximumNo. of
samples
Incentive objectivesNumber of stock options granted to non-executive/total number of stock options0.7720.2120.82601302
Number of non-executive granted/total number of granted0.9050.1700.95601302
Granting rangeTotal number of shares granted/total number of shares of the company0.0310.0220.0270.0140.100302
Total number of employees granted/total number of employees in the company0.0920.1010.0640.0010.622302
Incentive periodYears of incentive period4.8561.2375310302
Exercise proportion1 when the exercise proportion is increasing, 0 otherwise0.4870.501101300
Price-to-strike ratioOpening price of the stock in the year of grant/exercise price1.0250.3030.9940.3503.056302
Performance assessment criteriaPerf is 1 if it is greater than the value of any of the previous 3 years or greater than the mean of the previous 3 years, otherwise, it is 00.7250.447101302
Source: Draft of the stock option incentive plan of listed companies disclosed by CNINF

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