Ganfeng Lithium Cancels Remaining 551,250 Options from 2022 Incentive Plan Due to Fourth Vesting Period Performance Shortfall

Deep News05-12

On May 12, 2026, Ganfeng Lithium Group Co.,Ltd. (002460.SZ) announced the cancellation of 551,250 stock options from its 2022 stock option incentive plan. These options were not eligible for exercise in the fourth vesting period as the company failed to meet the specified performance targets. The cancellation process has been completed following confirmation by the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch. This action does not affect the company's share capital, and there has been no change to the capital structure.

According to the company's "2022 Stock Option Incentive Plan (Draft)," the exercise assessment covers four fiscal years from 2022 to 2025, with an annual evaluation. If the company does not achieve the performance targets for a given assessment year, all corresponding options for that year become ineligible for exercise and are subject to cancellation by the company. The current cancellation is a result of the company not meeting the performance criteria for the fourth vesting period.

Previously, the company's sixth board of directors held its 15th meeting on April 29, 2026, where the relevant proposal was reviewed and approved. The cancellation announcement was disclosed on April 30.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1138537250?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-12 23:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1138537250","market":"sg","top_or_hot":-1,"title":"Ganfeng Lithium Cancels Remaining 551,250 Options from 2022 Incentive Plan Due to Fourth Vesting Period Performance Shortfall","media":"Deep News","content":"<p>On May 12, 2026, Ganfeng Lithium Group Co.,Ltd. (002460.SZ) announced the cancellation of 551,250 stock options from its 2022 stock option incentive plan. These options were not eligible for exercise in the fourth vesting period as the company failed to meet the specified performance targets. The cancellation process has been completed following confirmation by the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch. This action does not affect the company's share capital, and there has been no change to the capital structure.</p>\n<p>According to the company's \"2022 Stock Option Incentive Plan (Draft),\" the exercise assessment covers four fiscal years from 2022 to 2025, with an annual evaluation. If the company does not achieve the performance targets for a given assessment year, all corresponding options for that year become ineligible for exercise and are subject to cancellation by the company. The current cancellation is a result of the company not meeting the performance criteria for the fourth vesting period.</p>\n<p>Previously, the company's sixth board of directors held its 15th meeting on April 29, 2026, where the relevant proposal was reviewed and approved. The cancellation announcement was disclosed on April 30.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ganfeng Lithium Cancels Remaining 551,250 Options from 2022 Incentive Plan Due to Fourth Vesting Period Performance Shortfall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGanfeng Lithium Cancels Remaining 551,250 Options from 2022 Incentive Plan Due to Fourth Vesting Period Performance Shortfall\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-05-12 23:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On May 12, 2026, Ganfeng Lithium Group Co.,Ltd. (002460.SZ) announced the cancellation of 551,250 stock options from its 2022 stock option incentive plan. These options were not eligible for exercise in the fourth vesting period as the company failed to meet the specified performance targets. The cancellation process has been completed following confirmation by the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch. This action does not affect the company's share capital, and there has been no change to the capital structure.</p>\n<p>According to the company's \"2022 Stock Option Incentive Plan (Draft),\" the exercise assessment covers four fiscal years from 2022 to 2025, with an annual evaluation. If the company does not achieve the performance targets for a given assessment year, all corresponding options for that year become ineligible for exercise and are subject to cancellation by the company. The current cancellation is a result of the company not meeting the performance criteria for the fourth vesting period.</p>\n<p>Previously, the company's sixth board of directors held its 15th meeting on April 29, 2026, where the relevant proposal was reviewed and approved. The cancellation announcement was disclosed on April 30.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0155","symbol_name":"锂电池","start_time":0,"source_url":"","article_id":"1138537250","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1138537250","pubTimestamp":1778598129,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"On May 12, 2026, Ganfeng Lithium Group Co.,Ltd. (002460.SZ) announced the cancellation of 551,250 stock options from its 2022 stock option incentive plan. These options were not eligible for exercise...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK0155":"锂电池","BK0201":"可转债","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","BK1592":"有色金属","SG9999006597.SGD":"United China-India Dynamic Growth SGD","BK1594":"碳中和概念股","BK0196":"行业龙头","BK0233":"有色加工","002460":"赣锋锂业","01772":"赣锋锂业","BK1129":"特种化学制品","SGXZ81163826.USD":"UNITED CHINA A-SHARES INNOVATION \"A\" (USD) ACC","SGXZ49509284.SGD":"United China A Shares Innovation A Acc SGD","BK0188":"融资融券","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK1509":"特斯拉概念股","BK0182":"小金属","BK0197":"中小创蓝筹","BK1190":"多种金属与采矿"},"translate_title":"赣锋锂业因第四个归属期业绩缺口注销2022年激励计划剩余551,250份期权","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01772":1,"002460":1,"EVS.SI":1},"content_text":"On May 12, 2026, Ganfeng Lithium Group Co.,Ltd. (002460.SZ) announced the cancellation of 551,250 stock options from its 2022 stock option incentive plan. These options were not eligible for exercise in the fourth vesting period as the company failed to meet the specified performance targets. The cancellation process has been completed following confirmation by the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch. This action does not affect the company's share capital, and there has been no change to the capital structure.\nAccording to the company's \"2022 Stock Option Incentive Plan (Draft),\" the exercise assessment covers four fiscal years from 2022 to 2025, with an annual evaluation. If the company does not achieve the performance targets for a given assessment year, all corresponding options for that year become ineligible for exercise and are subject to cancellation by the company. The current cancellation is a result of the company not meeting the performance criteria for the fourth vesting period.\nPreviously, the company's sixth board of directors held its 15th meeting on April 29, 2026, where the relevant proposal was reviewed and approved. The cancellation announcement was disclosed on April 30.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1138537250","isCrawlerRequest":true}