Narasimha Kini - Feb 27, 2024 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Signature
/s/ Lazbart Oseni, Attorney-in-Fact
Stock symbol
EXLS
Transactions as of
Feb 27, 2024
Transactions value $
$0
Form type
4
Date filed
2/29/2024, 05:17 PM
Previous filing
Feb 21, 2024
Next filing
Jul 16, 2024

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

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.
F2 The restricted stock units will vest in four equal annual installments, beginning on February 27, 2025. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan)

Remarks:

Note: On February 27, 2024 the reporting person was also granted performance-based restricted stock units that are subject to material conditions beyond the reporting person's control, and, therefore, are not considered derivative securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, and are excluded from this report. Mr. Oseni is the Company's Head of Administration and Accounts.