Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 79

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 79
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30, 2024Six months ended June 30, 2025Dividend yield1.81%1.37%Expected life (years)2.802.81Risk-free rate for expected life 4.37%3.89%Volatility for expected life 24.24% 25.78%A summary of PU activity during the six months ended June 30, 2025 is set out below: Six months ended June 30, 2025Number of Performance UnitsWeighted Average Grant Date Fair ValueMaximum Shares Eligible to ReceiveOutstanding as of January 1, 20253,257,804 $39.77 6,204,877Granted855,094 54.052,052,226Vested (Note a)(1,152,320)44.50(1,152,320)Forfeited(191,088)39.02(458,611)Outstanding as of June 30, 20252,769,490 42.276,646,172Expected to vest (Note b)2,864,300   (a)1,152,320 PUs vested during the six months ended June 30, 2025, in respect of which 737,027 shares (net of minimum statutory tax withholding) were issued during the six months ended June 30, 2025.(b)The number of PUs expected to vest is based on the probable achievement of the performance targets after considering an estimated forfeiture rate.

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

15. Stock-based compensation (Continued)As of June 30, 2025, the total remaining unrecognized stock-based compensation cost related to PUs amounted to $70,322, which will be recognized over the weighted average remaining requisite vesting period of 2.1 years.Employee Stock Purchase Plan (ESPP)On May 1, 2008, the Company adopted the Genpact Limited U.S. Employee Stock Purchase Plan and the Genpact Limited International Employee Stock Purchase Plan (together, the “ESPP”). In April 2018, these plans were amended and restated, and their terms were extended to August 31, 2028.  The ESPP allows eligible employees to purchase the Company’s common shares through payroll deductions at 90%