Ajay Ayyappan - 17 Jun 2025 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Role
EVP & Gen Counsel/Corp. Sec'y.
Signature
/s/ Ajay Ayyappan
Issuer symbol
EXLS
Transactions as of
17 Jun 2025
Transactions value $
$0
Form type
4
Filing time
17 Jun 2025, 18:25:19 UTC
Previous filing
03 Mar 2025
Next filing
18 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
AYYAPPAN AJAY EVP & Gen Counsel/Corp. Sec'y. 320 PARK AVENUE, 29TH FLOOR, NEW YORK /s/ Ajay Ayyappan 17 Jun 2025 0001762098

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 Award $0 +11.4K $0.00 11.4K 17 Jun 2025 Common Stock, par value $0.001 per share 11.4K Direct F1, F2
* 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 20, 2026. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2025 Omnibus Incentive Plan).

Remarks:

On June 17, 2025, 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