Vikas Bhalla - 22 Feb 2022 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Reporting relationship: EVP & Head of Outsourcing
Issuer ticker: EXLS
Reported as of: 22 Feb 2022
Net transaction value: -$81,182
SEC form: 4
Accepted by SEC: 24 Feb 2022, 16:01:05 UTC
Prior SEC filing: 23 Feb 2022
Next SEC filing: 04 Apr 2022
Source filing: View source filing
Reporting owner signature: /s/ Lazbart Oseni, Attorney-in-Fact

Key filing fact

Vikas Bhalla filed Form 4 for ExlService Holdings, Inc. (EXLS) on 24 Feb 2022.

Key facts

This page summarizes Vikas Bhalla's Form 4 filing for ExlService Holdings, Inc. (EXLS).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 24 Feb 2022, 16:01.

Change

Previous filing in this sequence was filed on 23 Feb 2022.
Current net transaction value: -$81,182.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EXLS transaction

Common Stock, par value $0.001 per share

Options Exercise

Transaction value: $0
Shares: +1,664
Change %: +10%
Price: $0.000000
Shares after: 17,575
Date: 22 Feb 2022
Ownership: Direct
Footnotes: F1

EXLS transaction

Common Stock, par value $0.001 per share

Tax liability

Transaction value: $81,182
Shares: -712
Change %: -4.1%
Price: $114.02
Shares after: 16,863
Date: 22 Feb 2022
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EXLS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,664
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Feb 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.001 per share
Underlying amount: 1,664
Exercise price
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

The reporting person's restricted stock units reported in this report vested on February 22, 2022. Pursuant to the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan, pursuant to which such restricted stock units were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

Footnote F3

On February 22, 2018, the reporting person was granted 6,655 restricted stock units, 25 percent of the restricted stock units became vested on February 22, 2019, an additional 25 percent of the restricted stock units became vested February 22, 2020, an additional 25 percent of the restricted stock units became vested on February 22, 2021, and the remaining balance 25 percent of the restricted stock units became vested on February 22, 2022.