Vikas Bhalla - 15 Feb 2024 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Feb 2024, 18:09:50 UTC
Prior SEC filing
31 Jan 2024
Next SEC filing
21 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lazbart Oseni, Attorney-in-Fact

Key filing fact

Vikas Bhalla filed Form 4 for ExlService Holdings, Inc. (EXLS) on 20 Feb 2024.

Key facts

  • This page summarizes Vikas Bhalla's Form 4 filing for ExlService Holdings, Inc. (EXLS).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 20 Feb 2024, 18:09.

Change

  • Previous filing in this sequence was filed on 31 Jan 2024.
  • Current net transaction value: -$117,720.

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
+4,400
Change %
+3.3%
Price
$0.000000
Shares after
137,283
Date
15 Feb 2024
Ownership
Direct
Footnotes
F1
EXLS transaction

Common Stock, par value $0.001 per share

Tax liability

Transaction value
$52,063
Shares
-1,716
Change %
-1.2%
Price
$30.34
Shares after
135,567
Date
15 Feb 2024
Ownership
Direct
Footnotes
F2
EXLS transaction

Common Stock, par value $0.001 per share

Options Exercise

Transaction value
$0
Shares
+5,435
Change %
+4%
Price
$0.000000
Shares after
141,002
Date
16 Feb 2024
Ownership
Direct
Footnotes
F1
EXLS transaction

Common Stock, par value $0.001 per share

Tax liability

Transaction value
$65,656
Shares
-2,120
Change %
-1.5%
Price
$30.97
Shares after
138,882
Date
16 Feb 2024
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
-4,400
Change %
-25%
Price
$0.000000
Shares after
13,200
Date
15 Feb 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
4,400
Exercise price
Footnotes
F1, F3
EXLS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-5,435
Change %
-33%
Price
$0.000000
Shares after
10,870
Date
16 Feb 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
5,435
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 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

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 15, 2023, the reporting person was granted 3,520 (pre-split) 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 15, 2024, an additional 25 percent of the restricted stock units will vest on February 15, 2025, an additional 25 percent of the restricted stock units will vest on February 15, 2026, and the remaining balance of 25 of the restricted stock units will vest on February 15, 2027.

Footnote F4

On February 16, 2022, the reporting person was granted 4,348 (pre-split) 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 16, 2023, an additional 25 percent of the restricted stock units became vested on February 16, 2024, an additional 25 percent of the restricted stock units will vest on February 16, 2025, and the remaining balance of 25 of the restricted stock units will vest on February 16, 2026.

SEC remarks

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

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