Rohit Kapoor - Feb 17, 2023 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Role
CEO & Vice Chairman, Director
Signature
/s/ Lazbart Oseni, Attorney-in-Fact
Stock symbol
EXLS
Transactions as of
Feb 17, 2023
Transactions value $
$0
Form type
4
Date filed
2/22/2023, 04:10 PM
Previous filing
Feb 21, 2023
Next filing
Jan 31, 2024

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 +8.85K +4.26% $0.00 216K Feb 17, 2023 Direct F1, F2
transaction EXLS Common Stock, par value $0.001 per share Options Exercise $0 +7.23K +3.34% $0.00 224K Feb 20, 2023 Direct F1, F2
transaction EXLS Common Stock, par value $0.001 per share Options Exercise $0 +5.88K +2.63% $0.00 230K Feb 20, 2023 Direct F1, F2
holding EXLS Common Stock, par value $0.001 per share 133K Feb 17, 2023 See Footnote F3
holding EXLS Common Stock, par value $0.001 per share 40.2K Feb 17, 2023 See Footnote F4
holding EXLS Common Stock, par value $0.001 per share 177K Feb 17, 2023 See Footnote F5
holding EXLS Common Stock, par value $0.001 per share 84K Feb 17, 2023 See Footnote F6
holding EXLS Common Stock, par value $0.001 per share 84K Feb 17, 2023 See Footnote F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXLS Restricted Stock Units Options Exercise $0 -8.85K -33.33% $0.00 17.7K Feb 17, 2023 Common Stock, par value $0.001 per share 8.85K Direct F1, F8
transaction EXLS Common Stock, par value $0.001 per share Options Exercise $0 -7.23K -100% $0.00* 0 Feb 20, 2023 Common Stock, par value $0.001 per share 7.23K Direct F1, F9
transaction EXLS Restricted Stock Units Options Exercise $0 -5.88K -50% $0.00 5.88K Feb 20, 2023 Common Stock, par value $0.001 per share 5.88K Direct F1, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units of ExlService Holdings, Inc. (the "Company") convert into common stock, par value $0.001 per share (the "Common Stock") on a one-for-one basis.
F2 Owned by Rohit Kapoor.
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.
F8 On February 17, 2021, the reporting person was granted 35,400 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 25 percent of the restricted stock units became vested on February 17, 2022, an additional 25 percent of the restricted stock units became vested on February 17, 2023, an additional 25 percent of the restricted stock units will vest on February 17, 2024, and the remaining balance of 25 of the restricted stock units will vest on February 17, 2025.
F9 On February 20, 2019, the reporting person was granted 28,910 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 25 percent of the restricted stock units became vested on February 19, 2020 an additional 25 percent of the restricted stock units became vested on February 20, 2021, an additional 25 percent of the restricted stock units became vested on February 20, 2022, and the remaining balance of 25 of the restricted stock units became vested on February 20, 2023.
F10 On February 20, 2020, the reporting person was granted 23,520 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 25 percent of the restricted stock units became vested on February 20, 2021, an additional 25 percent of the restricted stock units became vested on February 20, 2022, an additional 25 percent of the restricted stock units became vested on February 20, 2023, and the remaining balance of 25 of the restricted stock units will vest on February 20, 2024.

Remarks:

Mr. Oseni is the Company's Head of Administration and Accounts.