Anita Mahon - 02 Mar 2024 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Role
EVP & Chief Growth Officer
Signature
/s/ Lazbart Oseni, Attorney-in-Fact
Issuer symbol
EXLS
Transactions as of
02 Mar 2024
Net transactions value
-$129,127
Form type
4
Filing time
05 Mar 2024, 18:29:19 UTC
Previous filing
29 Feb 2024
Next filing
23 Aug 2024
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 +2,490 +2.7% $0.000000 93,134 02 Mar 2024 Direct F1
transaction EXLS Common Stock, par value $0.001 per share Tax liability $40,450 -1,274 -1.4% $31.75 91,860 02 Mar 2024 Direct F2
transaction EXLS Common Stock, par value $0.001 per share Options Exercise $0 +5,460 +5.9% $0.000000 97,320 02 Mar 2024 Direct F1
transaction EXLS Common Stock, par value $0.001 per share Tax liability $88,678 -2,793 -2.9% $31.75 94,527 02 Mar 2024 Direct F2

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 -2,490 -31% $0.000000 5,460 02 Mar 2024 Common Stock, par value $0.001 per share 2,490 Direct F1, F3
transaction EXLS Restricted Stock Units Options Exercise $0 -5,460 -100% $0.000000* 0 02 Mar 2024 Common Stock, par value $0.001 per share 5,460 Direct F1, F4
* 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 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.
F3 On March 2, 2020, the reporting person was granted 1,992 (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 March 2, 2021, an additional 25 percent of the restricted stock units became vested on March 2, 2022, an additional 25 percent of the restricted stock units became vested on March 2, 2023, and the remaining balance of 25 percent of the restricted stock units became vested on March 2, 2024
F4 On March 2, 2020, the reporting person was granted 4,365 (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 March 2, 2021, an additional 25 percent of the restricted stock units became vested on March 2, 2022, an additional 25 percent of the restricted stock units became vested on March 2, 2023, and the remaining balance of 25 percent of the restricted stock units became vested on March 2, 2024

Remarks:

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