Company: G
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001398659-25-000059
Chunk: 63

Company: Genpact LTD
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 63
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 adoption of the 2017 Omnibus Plan remain subject to the terms of the 2007 Omnibus Plan.Stock-based compensation costs relating to the foregoing plans during the three months ended March 31, 2024 and 2025 were $8,819 and $19,910, respectively, and have been allocated to “cost of revenue” and “selling, general and administrative expenses.”     Stock options All options granted under the 2007 Omnibus Plan and 2017 Omnibus Plan are exercisable into common shares of the Company, have a contractual period of ten years and vest over three to five years unless specified otherwise in the applicable award agreement. The Company recognizes compensation cost over the vesting period of the option.Compensation cost is determined at the date of grant by estimating the fair value of an option using the Black-Scholes option-pricing model.No options were granted in the three months ended March 31, 2024 and March 31, 2025.

30

GENPACT LIMITED AND ITS SUBSIDIARIESNotes to the Consolidated Financial Statements(Unaudited)(In thousands, except per share data and share count)

14. Stock-based compensation (Continued)A summary of stock option activity during the three months ended March 31, 2025 is set out below:  Three Months Ended March 31, 2025Shares arisingout of optionsWeighted averageexercise priceWeighted averageremainingcontractual life (years)AggregateintrinsicvalueOutstanding as of January 1, 20255,347,55635.31 4.4— Granted— — — — Forfeited(53,600)44.90 — — Expired— — — — Exercised (95,920)42.45 — 760Outstanding as of March 31, 20255,198,03635.08 4.180,239Vested as of March 31, 2025 and expected to vest thereafter (Note a)5,135,48334.93 4.180,003Vested and exercisable as of March 31, 20254,370,18633.05 3.876,082Weighted average grant date fair value of grants during the period—  (a)Options expected to vest reflect an estimated forfeiture rate.As of March 31, 2025, the total remaining unrecognized stock