Rohit Kapoor - 30 Jan 2023 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Role
CEO & Vice Chairman, Director
Signature
/s/ Lazbart Oseni, Attorney-in-Fact
Issuer symbol
EXLS
Transactions as of
30 Jan 2023
Net transactions value
$0
Form type
4
Filing time
01 Feb 2023, 16:02:27 UTC
Previous filing
24 Feb 2022
Next filing
17 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXLS Common Stock, par value $0.001 per share Options Exercise $0 +63,990 +37% $0.000000 237,319 30 Jan 2023 Direct F1
transaction EXLS Common Stock, par value $0.001 per share Other $0 -36,000 -15% $0.000000 201,319 31 Jan 2023 Direct F2
holding EXLS Common Stock, par value $0.001 per share 133,185 30 Jan 2023 See Footnote F2, F3
holding EXLS Common Stock, par value $0.001 per share 40,219 30 Jan 2023 See Footnote F4
holding EXLS Common Stock, par value $0.001 per share 177,134 30 Jan 2023 See Footnote F5
holding EXLS Common Stock, par value $0.001 per share 84,000 30 Jan 2023 See Footnote F6
holding EXLS Common Stock, par value $0.001 per share 84,000 30 Jan 2023 See Footnote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's shares of common stock, par value $0.001 per share (the "Common Stock") reported in this report were earned pursuant to the performance restricted stock units ("PRSUs") of ExlService Holdings, Inc. (the "Company") granted on February 20, 2020. Such shares of Common Stock were deemed earned on January 30, 2023 based on the Compensation Committee of the Board of Directors administering the award certifying the achievement of performance targets applicable to the PRSUs for the performance period ending on December 31, 2022.
F2 On January 31, 2023, the reporting person deposited 36,000 shares of Common Stock to an irrevocable trust. In exchange for the shares, the reporting person received from the trust assets of equal value. The deposit of shares to the trust resulted in an increase in the number of shares the reporting person beneficially owns indirectly through such trust and a corresponding decrease in the number of shares the reporting person beneficially owns directly.
F3 Owned by the Rohit Kapoor 2016 Family Trust.
F4 Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2013 GRAT.
F5 Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2005 GRAT.
F6 Owned by the Shikha Kapoor 2005 Family Trust.
F7 Owned by the Rohit Kapoor Spousal Lifetime Access Trust.