Globant S.A. | CIK:0001557860 | 3

  • Filed: 4/13/2018
  • Entity registrant name: Globant S.A. (CIK: 0001557860)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1557860/000114420418020505/0001144204-18-020505-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1557860/000114420418020505/glob-20171231.xml
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    • ifrs-full:DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory

    The following shows the evolution of the share options for the years ended at December 31, 2017 and 2016:
     
     
     
    As of December 31, 2017
     
    As of December 31, 2016
     
     
    Number of options
     
    Weighted average exercise price
     
    Number of options
     
    Weighted average exercise price
     
     
     
     
     
     
     
     
     
    Balance at the beginning of year
     
    2,658,595

     
    22.21

     
    1,933,239

     
    15.40

    Options granted during the year
     
    85,000

     
    39.69

     
    1,003,250

     
    31.89

    Forfeited during the year
     
    (249,035
    )
     
    30.08

     
    (33,979
    )
     
    25.75

    Exercised during the year
     
    (338,709
    )
     
    15.63

     
    (243,915
    )
     
    7.64

    Balance at end of year
     
    2,155,851

     
    23.02

     
    2,658,595

     
    22.21

    The following tables summarizes the RSU vested during the year 2017:
     
     
    As of December 31, 2017
     
     
     
     
     
     
    Number of RSUs vested
     
    Grant price
     
     
     
     
     
     
     
     
     
     
    Granted in 2017
     
    37,546

     
    34.96

     
     
     
     
    Granted in 2017
     
    49,385

     
    37.00

     
     
     
     
    Balance at end of the year
     
    86,931

     
     
     
     
     
     
    The following tables summarizes the RSU at the end of the year:

    Grant date
     
    Grant price ($)
     
    Number of Restricted Stock Units
     
    Fair value at grant date ($)
     
    Expense as of December 31, 2017 ($)
     
     
     
     
     
     
     
     
     
    2017
     
    34.96

     
    —

     
    —

     
    1,476

     
     
    36.30

     
    2,000

     
    73

     
    3

     
     
    37.00

     
    143,188

     
    5,298

     
    2,766

     
     
    42.00

     
    9,000

     
    378

     
    101

     
     
    43.42

     
    8,000

     
    347

     
    34

     
     
     
     
     
     
     
     
     
    Subtotal
     
     
     
    162,188

     
    6,096

     
    4,380

     
     
     
     
     
     
     
     
     
    Non employees stock options
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    2017
     
    37.44

     
    2,671

     
    100

     
    63

     
     
     
     
     
     
     
     
     
    Subtotal
     
     
     
    2,671

     
    100

     
    63

    Total
     
     
     
    164,859

     
    6,196

     
    4,443

    Share options exercised and RSU vested during the year: 
     
     
    As of December 31, 2017
     
    As of December 31, 2016
     
     
    Number of options exercised
     
    Exercise  
    price
     
    Number of options exercised
     
    Exercise
     price
     
     
     
     
     
     
     
     
     
    Granted in 2006
     
    4,600

     
    0.95

     
    3,196

     
    0.95

    Granted in 2007
     
    —

     
    0.71

     
    36,538

     
    0.71

    Granted in 2007
     
    800

     
    1.40

     
    6,321

     
    1.40

    Granted in 2010
     
    1,623

     
    2.48

     
    3,295

     
    2.48

    Granted in 2010
     
    —

     
    2.93

     
    1,402

     
    2.93

    Granted in 2010
     
    22,377

     
    3.38

     
    39,142

     
    3.38

    Granted in 2011
     
    26,194

     
    2.71

     
    60,000

     
    2.71

    Granted in 2012
     
    1,651

     
    6.77

     
    2,000

     
    6.77

    Granted in 2012
     
    3,991

     
    7.04

     
    13,191

     
    7.04

    Granted in 2013
     
    2,395

     
    14.40

     
    —

     
    0.00

    Granted in 2014
     
    149,337

     
    10.00

     
    42,645

     
    10.00

    Granted in 2014
     
    1,918

     
    13.20

     
    2,901

     
    13.20

    Granted in 2015
     
    90,787

     
    28.31

     
    30,465

     
    28.31

    Granted in 2015
     
    9,911

     
    29.34

     
    2,819

     
    29.34

    Granted in 2016
     
    18,750

     
    29.01

     
    —

     
    —

    Granted in 2016
     
    4,375

     
    32.36

     
    —

     
    —

    Balance at end of the year
     
    338,709

     
     

     
    243,915

     
     

    The following shows the evolution of the RSUs for the year ended at December 31, 2017:

     
     
    As of December 31, 2017
     
     
     
    Number of RSU
     
    Weighted average grant price
     
     
     
     
     
     
     
    Balance at the beginning of year
     
    —

     
    —

     
    RSU granted during the year
     
    254,328

     
    37.07

     
    Forfeited during the year
     
    (2,538
    )
     
    36.59

     
    Issued during the year
     
    (86,931
    )
     
    36.11

     
    Balance at end of year
     
    164,859

     
    37.58