Under ADS Restricted Stock Unit Plan
Wipro has granted Restricted Stock Units with effect from 05 June 2015 to its identified employee as follows;- 20,000 (Twenty thousand) under Wipro's ADS Restricted Stock Unit Plan 2004.
The grants of above stock options are in line with SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, as amended from time to time and as per the terms of the Stock Option Plans.
These stock options shall vest as per the vesting schedule approved by the Board Governance, Nomination and Compensation Committee of the Board and can be exercised over the exercise period as per the Stock Option Plans.
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