Annual report pursuant to Section 13 and 15(d)

Share-based Compensation and Other Benefit Plans (Tables)

v3.23.2
Share-based Compensation and Other Benefit Plans (Tables)
12 Months Ended
Jun. 30, 2023
Share-based Compensation and Other Benefit Plans  
Schedule of share-based payment award, stock options, valuation assumptions

Year Ended June 30, 

    

2023

2022

2021

Dividend yield

0.34

%

0.27

%

0.47

%

Expected volatility

30%-36

%

27%-33

%

25%-30

%

Risk-free interest rates

2.8%-4.4

%

0.6%-2.6

%

0.2%-0.7

%

Expected lives (years)

4.7

4.3

4.4

Summary of share-based payment arrangement, option, activity

Stock option activity under the Plans for the three years ended June 30, 2023, consists of the following (shares in thousands):

    

    

Weighted

    

Aggregate

    

Weighted

Number of 

Average

Intrinsic

Average

Shares (in

Exercise

Value

Contractual

thousands)

Price

(millions)

Life (years)

Outstanding at June 30, 2020

 

14,435

$

35.07

 

  

 

  

Granted

 

3,051

 

69.44

 

  

 

  

Forfeited

 

(109)

 

53.58

 

  

 

  

Exercised

 

(2,509)

 

28.13

 

  

 

  

Outstanding at June 30, 2021

 

14,868

$

43.16

 

  

 

  

Granted

 

1,390

 

120.15

 

  

 

  

Forfeited

 

(539)

 

87.05

 

  

 

  

Exercised

 

(2,450)

 

33.61

 

  

 

  

Outstanding at June 30, 2022

 

13,269

$

51.20

 

  

 

  

Granted

 

2,351

 

93.81

 

  

 

  

Forfeited and Expired

 

(118)

 

85.99

 

  

 

  

Exercised

 

(1,578)

 

29.48

 

  

 

  

Outstanding at June 30, 2023

 

13,924

$

60.56

$

843.3

 

3.4

Exercisable at June 30, 2021:

 

7,057

 

31.61

 

  

 

  

Exercisable at June 30, 2022:

 

7,797

 

36.99

 

  

 

  

Exercisable at June 30, 2023:

 

8,641

 

44.76

 

386.7

 

2.4

Schedule of restricted common stock activity and restricted stock unit activity

Restricted common stock activity under the Plans for the three years ended June 30, 2023, consists of the following (units in thousands):

    

    

    

Weighted

Average

Weighted

Remaining

Number of

Average Grant

Contractual

Shares (in

Date Fair

Term

thousands)

Value

(years)

Unvested at June 30, 2020

 

110

$

44.30

 

  

Granted

 

47

 

66.18

 

  

Vested

 

(65)

 

42.91

 

  

Forfeited

 

 

 

  

Unvested at June 30, 2021

 

92

$

56.52

 

  

Granted

 

28

 

122.34

 

  

Vested

 

(54)

 

54.57

 

  

Forfeited

 

 

 

  

Unvested at June 30, 2022

 

66

$

85.83

 

  

Granted

 

11

 

73.94

 

  

Vested

 

(40)

 

78.85

 

  

Forfeited

 

 

 

  

Unvested at June 30, 2023

 

37

$

89.91

5.90

Restricted stock unit activity under the Plans for the three years ended June 30, 2023, consists of the following (units in thousands):

Weighted 

Average 

Weighted 

Remaining 

Number of 

Average Grant 

Contractual 

Units 

Date Fair

Term 

    

(in thousands)

    

 Value

    

(years)

Outstanding at June 30, 2020

 

465

 

$

39.81

 

  

Granted

 

123

 

75.20

 

  

Vested

 

(206)

 

32.55

 

  

Forfeited

 

 

 

  

Outstanding at June 30, 2021

 

382

 

$

55.13

 

  

Granted

 

110

 

117.60

 

  

Vested

 

(145)

 

44.62

 

  

Forfeited

 

(45)

 

104.34

 

  

Outstanding at June 30, 2022

 

302

 

$

75.54

 

  

Granted

 

107

 

90.96

 

  

Vested

 

(123)

 

52.34

 

  

Forfeited

 

(3)

 

106.13

 

  

Outstanding at June 30, 2023

 

283

 

$

91.10

 

5.32