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

Reporting relationship: President of EXL
Issuer ticker: EXLS
Reported as of: 17 Jun 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Jun 2025, 18:29:42 UTC
Prior SEC filing: 12 May 2025
Next SEC filing: 12 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Ajay Ayyappan, Attorney-in-Fact

Key filing fact

Vikas Bhalla filed Form 4 for ExlService Holdings, Inc. (EXLS) on 17 Jun 2025.

Key facts

This page summarizes Vikas Bhalla's Form 4 filing for ExlService Holdings, Inc. (EXLS).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 17 Jun 2025, 18:29.

Change

Previous filing in this sequence was filed on 12 May 2025.
Current net transaction value: $0.

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

Reporting Owners (1)

CIK 0001373633 Primary reporting owner

Bhalla Vikas

Relationship: President of EXL
Address: 320 PARK AVENUE, 29TH FLOOR, NEW YORK
Signature: /s/ Ajay Ayyappan, Attorney-in-Fact
Signature date: 17 Jun 2025

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EXLS transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +27,396
Change %
Price: $0.000000
Shares after: 27,396
Date: 17 Jun 2025
Ownership: Direct
Underlying class: Common Stock, par value $0.001 per share
Underlying amount: 27,396
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

Footnote 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).

SEC remarks

Note: 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. Mr. Ayyappan is the Company's General Counsel.