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INFOSYS LTD. - Grant of Restricted Stock Units


22 Aug 2014
Infosys Ltd has informed BSE that the Management Development and Compensation Committee of the Board on August 21, 2014 granted 22,794 Restricted Stock Units (RSUs) to Dr. Vishal Sikka (CEO and Managing Director). The grant price of the RSU is Rs. 5/- per RSU. The RSUs will vest over a period of 4 years subject to continued employment and upon achieving Key Performance Indicators as set by the Board/Management Development and Compensation Committee from time to time. The RSU grant will also be subject to the terms, definitions and provisions of the 2011 RSU Plan.

Source: BSE India

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