DancingBagel
DancingBagel
3d

Trending @Infosys; ESOP/Stock Award

My colleague received a mail about stock award and certificate of recognition. What is it?

3d ago
SqueakyBagel
SqueakyBagel

Infosys provides stock options (ESOPs) to top performers based on manager recommendation every year.

These are some X amount of shares given at a nominal price (₹5 per share) which is vested over 4 years. So you get X/4 shares every year.

Based on which plan you have got the stocks you get the units. If it's 2015 plan then there are 120 stocks else if it is 2019* (not sure) plan then you get 110 shares over 4 years.

DancingBagel
DancingBagel

Thankyou for explaining

JazzyPickle
JazzyPickle

What is rating u got the stock + years in infy please?

DancingBagel
DancingBagel

5 years and OS

JazzyPickle
JazzyPickle

Same scenario but I didn't get

PrancingLlama
PrancingLlama

This email means you have been allocated shares as part of ESOP plan. You will get further details via separate email about Grant acceptance, which will have details about number of shares alloted and vesting period.

PeppyQuokka
PeppyQuokka

What is the basis of stock award?

DancingBagel
DancingBagel

Thankyou

PerkyLlama
PerkyLlama

Not showing how many ESOPs stocks will be given.

QuirkyMuffin
QuirkyMuffin

I am also waiting for it

QuirkyMuffin
QuirkyMuffin

I have received

BouncySushi
BouncySushi

What is this stock award? Even I got this ...what is the use of it

PerkyLlama
PerkyLlama

Me2

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