Rohit Kapoor - Feb 15, 2024 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 15, 2024
Transactions value $
$0
Form type
4
Date filed
2/20/2024, 06:08 PM
Previous filing
Jan 31, 2024
Next filing
Feb 21, 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 +26.1K +1.74% $0.00 1.53M Feb 15, 2024 Direct F1, F2
transaction EXLS Common Stock, par value $0.001 per share Options Exercise $0 +31.5K +2.06% $0.00 1.56M Feb 16, 2024 Direct F1, F2
holding EXLS Common Stock, par value $0.001 per share 886K Feb 15, 2024 See Footnote F3
holding EXLS Common Stock, par value $0.001 per share 420K Feb 15, 2024 See Footnote F4
holding EXLS Common Stock, par value $0.001 per share 420K Feb 15, 2024 See Footnote F5
holding EXLS Common Stock, par value $0.001 per share 666K Feb 15, 2024 See Footnote F6
holding EXLS Common Stock, par value $0.001 per share 201K Feb 15, 2024 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 -26.1K -25% $0.00 78.4K Feb 15, 2024 Common Stock, par value $0.001 per share 26.1K Direct F1, F8
transaction EXLS Restricted Stock Units Options Exercise $0 -31.5K -33.33% $0.00 62.9K Feb 16, 2024 Common Stock, par value $0.001 per share 31.5K Direct F1, F9
* 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 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2005 GRAT.
F4 Owned by the Rohit Kapoor Spousal Lifetime Access Trust.
F5 Owned by the Shikha Kapoor 2005 Family Trust.
F6 Owned by the Rohit Kapoor 2016 Family Trust
F7 Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2013 GRAT.
F8 On February 15, 2023, the reporting person was granted 20,896 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on February 15, 2024, an additional twenty-five percent of the restricted stock units will vest on February 15, 2025, an additional twenty-five percent of the restricted stock units will vest on February 15, 2026, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 15, 2027.
F9 On February 16, 2022, the reporting person was granted 25,164 (pre-split) restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on February 16, 2023, an additional twenty-five percent of the restricted stock units became vested on February 16, 2024, an additional twenty-five percent of the restricted stock units will vest on February 16, 2025, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 16, 2026.

Remarks:

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