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Infosys Ltd. — Remuneration Information 2021
Apr 1, 2021
17843_rns_2021-04-01_047c3f88-bed8-47b2-a314-1477a572ae6d.pdf
Remuneration Information
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TO ALL STOCK EXCHANGES
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BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LIMITED NEW YORK STOCK EXCHANGE
April 1, 2021
Dear Sir/ Madam,
Sub: Stock incentives grant to eligible employees
This is to inform that the following stock incentive units were granted to certain eligible employees under the 2015 Incentive Compensation Plan (‘2015 Plan’) and Expanded Stock Ownership Program 2019 (‘2019 Plan’) by the Board/Nomination and Remuneration Committee. The date of grant for these stock incentive units is March 31, 2021 and the exercise price will be the par value of shares.
Particulars of stock incentives granted are as follows:
| 2015 Plan (RSU’s) | 2015 Plan (RSU’s) | 2019 Plan (PSU’s) | 2019 Plan (PSU’s) | |||
|---|---|---|---|---|---|---|
| HC | No. of RSUs /Grant Value |
Vesting Schedule |
HC | No. of PSUs | Vesting Schedule/ Conditions |
|
| KMPs | 4 | 213,400 | Four-year equal vesting |
6 | 106,000 | Three-year equal vesting and is subject to Company’s achievement of performance parameters as defined in the 2019 Plan |
| Eligible Employees |
7,966 | 2,160,460 | 480 | 1,308,400 |
Note: RSU: Restricted Stock Units; PSU: Performance Stock Units
This is for your kind information and records.
Thanking you Yours Sincerely, For Infosys Limited
Digitally signed by MANIKANTHA MANIKANTHA AGS AGS Date: 2021.04.01 19:42:54 +05'30'
A. G. S. Manikantha
Company Secretary
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