XML 63 R47.htm IDEA: XBRL DOCUMENT v3.10.0.1
Share-based Payments (Tables)
12 Months Ended
Jun. 30, 2018
Disclosure of share-based payment arrangements [Abstract]  
Schedule of number and weighted average exercise prices of share options
Class B ordinary share option activity was as follows:
 
Shares
Available
for Grant
 
Outstanding
Share
Options
 
Weighted-
Average
Exercise
Price
Balance as of July 1, 2016

 
1,434,858

 
$
0.56

Exercised

 
(914,587
)
 
$
0.55

Balance as of June 30, 2017

 
520,271

 
$
0.63

Exercised

 
(520,271
)
 
$
0.61

Balance as of June 30, 2018

 

 
$

RSU and Class A ordinary share option activity was as follows:
 
 
 
Share Options
 
 
 
Shares
Available
for Grant
 
Outstanding
 
Weighted
Average
Exercise
Price
 
RSUs Outstanding
Balance as of July 1, 2016
17,529,216

 
9,311,825

 
$
2.04

 
12,204,353

Increase in shares authorized:
 
 
 
 
 
 
 
   2015 Plan
10,817,923

 

 

 

RSUs granted
(5,938,291
)
 

 

 
5,938,291

RSUs canceled
1,214,176

 

 

 
(1,214,176
)
RSUs settled

 

 

 
(4,510,995
)
Replacement share options granted
(980,573
)
 
980,573

 
0.72

 

Share options exercised

 
(5,487,334
)
 
1.64

 

Share options canceled
162,403

 
(162,403
)
 
2.70

 

Equity awards granted in relation to business combination
(1,225,691
)
 

 

 

Repurchase of early exercised options
18,750

 

 

 

Balance as of June 30, 2017
21,597,913

 
4,642,661

 
$
2.21

 
12,417,473

Increase in shares authorized:
 
 
 
 
 
 
 
   2015 Plan
11,423,916

 

 

 

RSUs granted
(4,390,298
)
 

 

 
4,390,298

RSUs canceled
1,951,289

 

 

 
(1,951,289
)
RSUs settled

 

 

 
(5,253,809
)
Share options exercised

 
(1,902,084
)
 
1.93

 

Share options canceled
17,395

 
(17,395
)
 
1.45

 

Balance as of June 30, 2018
30,600,215

 
2,723,182

 
2.41

 
9,602,673

Share options vested and exercisable as of June 30, 2017

 
3,074,737

 
$
2.31

 
 
Share options vested and exercisable as of June 30, 2018

 
1,983,464

 
$
2.50

 
 
Schedule of range of exercise prices of outstanding share options
The following table summarizes information about share options outstanding as of June 30, 2018:
 
Options Outstanding
 
Options Exercisable
Range of
Exercise Prices
Number
Outstanding
 
Weighted-
Average
Exercise
Price
 
Number
Exercisable
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Years
$0.59 - 0.66
385,963

 
$
0.63

 
162,945

 
$
0.61

 
6.01

$1.14 - 1.59
212,391

 
1.35

 
123,296

 
1.50

 
2.07

$1.92 - 2.16
166,967

 
2.06

 
166,967

 
2.06

 
1.39

$2.40 - 2.92
740,363

 
2.46

 
740,363

 
2.46

 
1.86

$3.18
1,217,498

 
3.18

 
789,893

 
3.18

 
4.75

 
2,723,182

 
$
2.41

 
1,983,464

 
$
2.50

 
3.32

The following table summarizes information about share options outstanding as of June 30, 2017:
 
Options Outstanding
 
Options Exercisable
Range of
Exercise Prices
Number
Outstanding
 
Weighted-
Average
Exercise
Price
 
Number
Exercisable
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Years
$0.42 - 0.66
947,459

 
$
0.61

 
354,112

 
$
0.60

 
3.07

$1.14 - 1.59
405,667

 
1.36

 
260,611

 
1.47

 
2.72

$1.92 - 2.16
340,783

 
2.05

 
340,783

 
2.05

 
2.38

$2.40 - 2.92
1,310,942

 
2.46

 
1,302,133

 
2.45

 
2.86

$3.18
1,637,810

 
3.18

 
817,098

 
3.18

 
5.41

 
4,642,661

 
$
2.21

 
3,074,737

 
$
2.31

 
3.50

The following table summarizes information about the Class B ordinary share options outstanding as of June 30, 2017:
 
Options Outstanding
 
Options Exercisable
Exercise Prices
Number
Outstanding
 
Weighted-
Average
Exercise
Price
 
Number
Exercisable
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Years
$0.63
520,271

 
$
0.63

 
520,271

 
$
0.63

 
0.92

Schedule of number and weighted average remaining contractual life of outstanding share options
The following table summarizes information about share options outstanding as of June 30, 2018:
 
Options Outstanding
 
Options Exercisable
Range of
Exercise Prices
Number
Outstanding
 
Weighted-
Average
Exercise
Price
 
Number
Exercisable
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Years
$0.59 - 0.66
385,963

 
$
0.63

 
162,945

 
$
0.61

 
6.01

$1.14 - 1.59
212,391

 
1.35

 
123,296

 
1.50

 
2.07

$1.92 - 2.16
166,967

 
2.06

 
166,967

 
2.06

 
1.39

$2.40 - 2.92
740,363

 
2.46

 
740,363

 
2.46

 
1.86

$3.18
1,217,498

 
3.18

 
789,893

 
3.18

 
4.75

 
2,723,182

 
$
2.41

 
1,983,464

 
$
2.50

 
3.32

The following table summarizes information about share options outstanding as of June 30, 2017:
 
Options Outstanding
 
Options Exercisable
Range of
Exercise Prices
Number
Outstanding
 
Weighted-
Average
Exercise
Price
 
Number
Exercisable
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Years
$0.42 - 0.66
947,459

 
$
0.61

 
354,112

 
$
0.60

 
3.07

$1.14 - 1.59
405,667

 
1.36

 
260,611

 
1.47

 
2.72

$1.92 - 2.16
340,783

 
2.05

 
340,783

 
2.05

 
2.38

$2.40 - 2.92
1,310,942

 
2.46

 
1,302,133

 
2.45

 
2.86

$3.18
1,637,810

 
3.18

 
817,098

 
3.18

 
5.41

 
4,642,661

 
$
2.21

 
3,074,737

 
$
2.31

 
3.50

The following table summarizes information about the Class B ordinary share options outstanding as of June 30, 2017:
 
Options Outstanding
 
Options Exercisable
Exercise Prices
Number
Outstanding
 
Weighted-
Average
Exercise
Price
 
Number
Exercisable
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Years
$0.63
520,271

 
$
0.63

 
520,271

 
$
0.63

 
0.92

Schedule of fair value valuation assumptions
The fair value of the share option grants were estimated on the date of grant using the Black-Scholes option pricing model with the following assumptions and fair value per share:
 
Fiscal Year Ended June 30,
 
2018
2017
2016
Fair value of underlying shares
n/a
$28.16
n/a
Exercise price
n/a
$0.59 - 1.14
n/a
Expected volatility
n/a
41%
n/a
Expected term (in years)
n/a
4.5 - 6.0
n/a
Risk-free interest rate
n/a
1.9%
n/a
Dividend yield
n/a
—%
n/a
Weighted-average fair value per share option
n/a
$27.51
n/a