Status of Options granted as on 7th November, 2012 under ESOP 2011 TABLE A – TOTAL OPTIONS GRANTED List of Independent Directors and List of employees of High Mark with eligible numbers of ESOPs Name
DOJ
Designation
No. ESOP Percen Year 1 tage (June 24, 2011)
Dipankar Basu
Vesting Schedule* Year 2 Year 3 (June 24, (June 24, 2012) 2013)
Exercise Price Per Option Year 4 (June 24, 2014)
14/08/2008
Independent Director
163,265
100
163,265
-
-
-
Rs. 10/-
Rajive Johri Shyam Sunder Suri Vepa Kamesam
22/12/2006
Independent Director
653,060
100
653,060
-
-
-
Rs. 10/-
22/12/2006
Independent Director
653,060
100
653,060
-
-
-
Rs. 10/-
22/12/2006
Independent Director
163,265
100
163,265
-
-
-
Rs. 10/-
Anil Pandya
21/03/2005
Executive Chairman
326,530
100
326,530
-
-
-
Rs. 10/-
Kiran Moras
9/4/2007
189,000
100
189,000
-
-
-
Rs. 10/-
Siddharth Das
4/1/2008
266,000
100
266,000
-
-
-
Rs. 10/-
Sridhar K
15/7/2009
75,250
100
75,250
-
-
-
Rs. 10/-
Sachin Vyas
21/8/2007
106,050
100
106,050
-
-
-
Rs. 10/-
Hitesh Shah
24/9/2007
10,780
33.33
3594
3593
3593
-
Rs. 10/-
Sr. Vice President Executive VP & COO VP - Business Development Chief Technology Officer Manager - Client Relations
Piyush Acharya
12/11/2007
Associate VP Principal Architect
Vishal Rana
16/6/2008
Manager - Software Development
Nikunj Bhagat
21/7/2008
Associate VP Principal Analyst
Pinkesh Ambavat
21/7/2008
Associate VP - Head of Bureau Systems
Maneesh Moudgil
15/8/2007
Manager - Business Development
Sreeram Upendran
23/2/2010
VP - Information Technology
Anuj Desai
13/8/2007
VP & CFO
Gireesh P
8/2/2010
Technology Lead
Vinu Shankar
12/4/2010
Senior Manager Client Relations
23,4902 3,9603
33.33 33.33
7830 -
7830 1320
7830 1320
1320
Rs. 10/Rs. 10/-
13,772
33.33
4591
4591
4590
-
Rs. 10/-
16,8002 9,0753
33.33 33.33
5600 -
5600 3025
5600 3025
3025
Rs. 10/Rs. 10/-
16,8002 9,0753
33.33 33.33
5600 -
5600 3025
5600 3025
3025
Rs. 10/Rs. 10/-
9,147
33.33
3049
3049
3049
-
Rs. 10/-
1,7272 22,2733
33.33 33.33
576 -
576 7425
575 7424
7424
Rs. 10/Rs. 10/-
37,800
33.33
12600
12600
12600
-
Rs. 10/-
750
33.33
250
250
250
-
Rs. 10/-
750
33.33
250
250
250
-
Rs. 10/-
Tejagna Amin
15/4/2010
Adarsh DM Umaid Sonday Vinay Hariharan
1/5/2010 20/12/2010
Rishabh Shah
19/09/2011
3/5/2010
Technology Lead Manager - Client Relations Manager - Operations System Administrator Vice President – IT
TOTAL ESOP’s GRANTED (A)
750
33.33
250
250
250
-
Rs. 10/-
750
33.33
250
250
250
-
Rs. 10/-
750
33.33
250
250
250
-
Rs. 10/-
750
33.33
250
250
250
-
Rs. 10/-
26,0004
33.33
-
-
8667
8667
Rs. 10/-
2,800,679
Note 1- In recognition of the long standing guidance and valuable support extended by the Independent Directors and the loyalty and contribution of employees of the Company, the Board has approved the Vesting schedule as stated above in terms of clause 6 of the approved ESOP 2011. Note 2 – The options granted as on 24th June, 2011 shall vest in 3 equal installments (annually) effective 24th June, 2011 Note 3 – The options granted as on 21st March 2012 shall vest in 3 equal installments (annually) effective 21st March, 2012 Note 4 - The vesting of options granted to Mr. Rishabh Shah will commence from June 24, 2013 in 3 equal installments (annually).
Table B - Options Lapsed
Name
Date of Resignation
Designation
ESOPS’s Granted
Kiran Moras Siddharth Das Piyush Acharya Vinu Shankar
21/03/2012 20/03/2012 07/08/2012 04/07/2012
Sr. Vice President Executive VP & COO Associate VP - Principal Architect Senior Manager - Client Relations
189,000 266,000 27,450 750
TOTAL OPTIONS LAPSED (B)
Summary of Options Pool of Options Approved
32,65,306
Less: - Options Granted (Table A)
28,00,679
Total Add: - Options Lapsed (Table B) Balance Options available for grant
4,64,627 4,65,720 9,30,347
No of Options in Force 16,980 500
No of Options Lapsed 189,000 266,000 10,470 250 4,65,720
Exercise Price Per Option Rs. 10/Rs. 10/Rs. 10/Rs. 10/-