Infosys Limited: Stock Incentives Grant to Key Managerial Personnel and Other Eligible Employees

BENGALUR, India, March 5, 2018 /PRNewswire/ --

This is to inform that the following stock incentives in the form of Restricted Stock Units were granted to certain Key Managerial Personnel and other eligible employees under the 2015 Stock Incentive Compensation Plan by the Board/Nomination and Remuneration Committee. The date of grant for these stock incentives is February 27, 2018 and the exercise price will be the par value of shares.

Particulars of stock incentives granted are as follows:

    Grantee                           No. of RSUs    Date of    Vesting schedule
                                          granted       grant
    Salil Parekh, CEO and MD                                    One Time Grant- Over
              (KMP)                      84,768                 a period of 2 years
      Salil Parekh, CEO and MD                                    Annual Grants (time
              (KMP)                      28,256                 based)-Over a period
                                                                 of 3 years
     M.D. Ranganath, CFO (KMP)            66,850                 Over a period of 4 years
      Ravi Kumar S, President                                     Over a period of 4
              (KMP)                       66,850                 years
     Mohit Joshi, President                                      Over a period of 4
                 (KMP)                     66,850                 years
     Krishnamurthy Shankar,                                      Over a period of 4
    Head- Human Resources (KMP)          12,400                 years
     A.G.S. Manikantha, Company                                  Over a period of 4
    Secretary (KMP)                      2,000     February 27, years
                                                        2018     Over a period of 4
      Other eligible employees            16,02,510              years

This is a disclosure announcement from PR Newswire.

SOURCE Infosys Limited

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