Persistent Systems

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108 • Annual Report 2018-19
Shaping the future of software driven business
Annexure C to the Report of the DirectorsDetails of the options granted under various employee stock option schemes as on March 31, 2019:Summary of all ESOP Schemes of the Company till dateParticulars
ESOP I
ESOA II
ESOP III
ESOA IV
ESOA V
ESOA VI
ESOA VII
ESOA VIII
ESOA IX
ESOA X
ESOA XI
ESOA XII
Total
Options granted
4,560,500
753,200 2,533,300 6,958,250
1,890,525
1,216,250
1,784,975
42,000
1,374,462
3,062,272
492,000
67,300 24,735,034
Pricing formula
Grant priceof Options isBook Valueof the EquityShare as per
the latestquarterlyAudited
Balance Sheetat the time of
grant
Grant priceof Options isBook Value
of the EquityShare as per
the latestquarterly
audited
Balance Sheetat the time of
grant
Grant priceof Options isBook Valueof the EquityShare as per
the latestquarterly
AuditedBalanceSheet at
the time of
grant
Grant priceof Options isBook Value
of the EquityShare as per
the latestquarterlyAuditedBalanceSheet at
the time of
grant
Grant priceof Options isBook Valueof the EquityShare as per
the latestquarterly
audited
Balance Sheetat the time of
grant
Grant priceof Options isBook Valueof the EquityShare as per
the latestquarterly
auditedBalance
Sheet at thetime of grant
Grant priceof Options isBook Valueof the EquityShare as per
the latestquarterly
audited
Balance Sheetat the time of
grant
Grant priceof Options isBook Value
of the EquityShare as per
the latestquarterly
audited
Balance Sheetat the time of
grant
Grant priceof Options isBook Value
of the EquityShare as per
the latestquarterly
auditedBalanceSheet at
the time of
grant
Grant price of Optionsis Market Price, or suchprice including discountnot exceeding 10% on he
Market Price, as the Board /Committee may determine
in accordance with the
regulations and guidelinesprescribed by the Securities
and Exchange Board of
India or other appropriate
authority, from time to time
Grant priceof Options
is
`5
Grant priceof Options
is
`10
Total options vested
3,221,522
477,085
1,697,216
4,705,452
1,333,722
785,750
792,455
28,000
9,14,710
2,206,617
69,600
52,450
16,284,579
Options exercised from vestedoptions
3,221,504
477,082
1,538,591
4,205,679
1,270,929
785,750
757,459
28,000
772,590
2,050,967
69,600
52,450
15,230,601
Total number of Equity Sharesarising as a result of fullexercise of options granted
4,560,500
753,200 2,533,300 6,958,250
1,890,525
1,216,250
1,784,975
42,000
1,374,462
3,062,272
492,000
67,300
Options forfeited / lapsed /cancelled
1,325,681
276,113
816,006
2,230,256
536,708
430,500
992,520
14,000
459,752
658,063
-
-
7,739,599
Variations in terms of options
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
Money realised by exercise ofoptions (purchase of EquityShares)
34,189,006
8,186,853
37,749,846 141,091,289 30,364,382 20,069,546
24,401,486
1,349,760 41,665,788
256,456,726
NIL
524,500
Options outstanding (in force)
18
3
158,625
499,773
62,793
-
34,996
-
142,120
155,650
_
-
1,053,978
Person wise details of optionsgranted to
NIL
i. Directors
#
NIL
NIL
NIL
NIL
NIL
NIL As per details
given below
NIL
#
#
#
ii. Key Managerial Personnel
#
#
#
#
NIL
NIL
NIL
NIL
#
#
#
#
iii. Any other employee who
received a grant in any oneyear of options amountingto 5% or more of theoptions granted duringthat year
The details are available on the website of the company i.e. www.persistent.com/investors
iv. Identified employees
who are granted options,during any one year equalto exceeding 1% of theissued capital (excludingoutstanding warrants andconversions) of the Companyat the time of grant
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
Diluted EPS pursuant to issueof shares on exercise of optionscalculated in accordance withInd AS 33
`39.40
`39.40
`
39.40
`
39.40
`
39.40
`
39.40
`39.40
`39.40
`39.40
`
39.40
`
39.40
`
39.40
The Employee Stock Option Schemes of the Company are in compliance with the SEBI (Share Based Employee Benefits) Regulation, 2014