Narasimha Kini - 19 Feb 2022 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Role
EVP, Emerging Bus Unit Leader
Signature
/s/ Lazbart Oseni, Attorney-in-Fact
Issuer symbol
EXLS
Transactions as of
19 Feb 2022
Net transactions value
$0
Form type
4
Filing time
23 Feb 2022, 16:59:34 UTC
Previous filing
18 Feb 2022
Next filing
24 Feb 2022
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 +588 +2.8% $0.000000 21,834 19 Feb 2022 Direct F1
transaction EXLS Common Stock, par value $0.001 per share Options Exercise $0 +585 +2.7% $0.000000 22,419 20 Feb 2022 Direct F1

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 -588 -33% $0.000000 1,175 19 Feb 2022 Common Stock, par value $0.001 per share 588 $0.000000 Direct F1, F2
transaction EXLS Restricted Stock Units Options Exercise $0 -585 -50% $0.000000 585 20 Feb 2022 Common Stock, par value $0.001 per share 585 $0.000000 Direct F1, F3
* 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 On February 19, 2020, the reporting person was granted 2,350 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date. 25 percent of the restricted stock units became vested on February 19, 2021, an additional twenty-five percent of the restricted stock units became vested on February 19, 2022, an additional twenty-five percent of the restricted stock units became will vest on February 19, 2023, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 19, 2024.
F3 On February 20, 2019, the reporting person was granted 2,340 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, 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 percent of the restricted stock units will vest on February 20, 2023.