MakeMyTrip (MMYT) Group CFO awarded 3,906 RSUs with performance vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bohra Dipak Kumar reported acquisition or exercise transactions in this Form 4 filing.
MakeMyTrip Ltd reported that its Group Chief Financial Officer, Dipak Kumar Bohra, received a grant of 3,906 Restricted Stock Units. Each unit relates to one Ordinary Share. These RSUs are scheduled to vest between April 1, 2027 and April 1, 2030, with associated expiration dates between March 31, 2031 and March 31, 2034. The grant includes 1,953 performance-based RSUs that will vest only if specified performance conditions are achieved.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bohra Dipak Kumar
Role
Group Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,906 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,906 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 3,906 units
Underlying shares: 3,906 Ordinary Shares
Performance-based RSUs: 1,953 units
+4 more
7 metrics
RSUs granted
3,906 units
Restricted Stock Units awarded to Group CFO
Underlying shares
3,906 Ordinary Shares
Each RSU relates to one Ordinary Share
Performance-based RSUs
1,953 units
Portion of grant subject to performance conditions
Exercise/Conversion price
$0.0005 per unit
Conversion or exercise price for RSUs
Post-grant derivative holdings
3,906 units
Total Restricted Stock Units following transaction
Vesting window
April 1, 2027–April 1, 2030
Scheduled vesting period for RSUs
Expiration window
March 31, 2031–March 31, 2034
RSU expiration dates, subject to possible extension
Key Terms
Restricted Stock Units, performance-based Restricted Stock Units, performance-based vesting conditions, Ordinary Shares
4 terms
Restricted Stock Units financial
"The Restricted Stock Units are scheduled to vest between April 1, 2027 to April 1, 2030"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based Restricted Stock Units financial
"include 1,953 performance-based Restricted Stock Units relating to 1,953 Ordinary Shares"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
performance-based vesting conditions financial
"subject to achievement of certain performance-based vesting conditions"
FAQ
What insider transaction did MakeMyTrip (MMYT) report for Dipak Kumar Bohra?
MakeMyTrip reported that Group Chief Financial Officer Dipak Kumar Bohra received 3,906 Restricted Stock Units as a compensation award. Each RSU corresponds to one Ordinary Share, increasing his equity-based incentive tied to the company’s future performance and long-term value creation.
How many Restricted Stock Units were granted to the MMYT Group CFO?
The Group Chief Financial Officer was granted 3,906 Restricted Stock Units. Each RSU represents the right to receive one Ordinary Share, subject to vesting conditions over several years and, for part of the award, achievement of specific performance targets.
When do the newly granted MakeMyTrip RSUs for the CFO vest?
The granted Restricted Stock Units are scheduled to vest between April 1, 2027 and April 1, 2030. This multi-year vesting schedule is designed to align the executive’s incentives with longer-term company performance and shareholder interests over that period.
Are any of the MMYT CFO’s new RSUs performance-based?
Yes. Of the 3,906 Restricted Stock Units granted, 1,953 are performance-based. These performance-based RSUs will vest only if certain defined performance-based vesting conditions are achieved, directly linking part of the award to company execution and results.
What happens to the MakeMyTrip RSUs after their vesting period?
The RSUs have expiration dates ranging from March 31, 2031 to March 31, 2034. If vesting and any performance conditions are satisfied before those dates, the RSUs can settle into Ordinary Shares; otherwise, unvested or unearned units may lapse at expiration.
Does this MakeMyTrip Form 4 indicate a stock purchase or sale by the CFO?
The Form 4 shows a grant of 3,906 Restricted Stock Units to the CFO, classified as an acquisition of derivative securities. It does not report any open-market stock purchases or sales, only this equity compensation award with future vesting and performance conditions.