SEC Filings

20-F
WNS (HOLDINGS) LTD filed this Form 20-F on 05/16/2018
Entire Document
 


Table of Contents

WNS (HOLDINGS) LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Amounts in thousands, except share and per share data)

 

Restricted Share Units

The 2006 Incentive Award Plan and the 2016 Incentive Award Plan also allow for grant of RSUs. Each RSU represents the right to receive one ordinary share and vests over a period of up to three years.

 

(i) Movements in the number of RSUs dependent on non-market performance condition outstanding under the 2006 Incentive Award Plan and the 2016 Incentive Award Plan and their related weighted average fair values are as follow:

 

     Shares      Weighted
average
fair value
     Weighted
average
remaining
contract term
(in years)
     Aggregate
intrinsic
value
 

Outstanding as at March 31, 2016

     1,448,312      $ 19.25        7.78      $ 44,376  

Granted

     516,264        30.26        

Exercised

     (343,623      20.18        

Forfeited

     (47,707      25.50        

Lapsed

     —          —          
  

 

 

          

Outstanding as at March 31, 2017

     1,573,246      $ 22.47        7.50      $ 45,011  

Granted

     497,689        30.85        

Exercised

     (961,111      21.45        

Forfeited

     (34,775      29.07        

Lapsed

     (2,216      23.47        
  

 

 

          

Outstanding as at March 31, 2018

     1,072,833      $ 27.05        7.75      $ 48,632  

RSUs exercisable

     309,312      $ 20.90        5.94      $ 14,021  

 

F-59