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Former Infosys chief executive officer Vishal Sikka had “exercised” about a third of the restricted stock units (RSUs) granted to him in the weeks before quitting the company.
Sikka exercised 70,772 RSUs between June 22 and August 21, and the last of the three exercises happened three days after he announced his resignation as CEO on August 18, according to the company’s disclosures to shareholders in a postal ballot on Friday night.
The value of the exercised RSUs is Rs 6.51 crore, according to the share value of Infosys on September 1.
Sikka, the first non-founder CEO of Infosys, had
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