Samuel Meckey - Nov 8, 2021 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Role
Executive Vice President
Signature
/s/ Lazbart Oseni, Attorney-in-Fact
Stock symbol
EXLS
Transactions as of
Nov 8, 2021
Transactions value $
-$89,278
Form type
4
Date filed
11/10/2021, 04:22 PM
Previous filing
Sep 3, 2021
Next filing
Feb 2, 2022

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 +2.13K +48.69% $0.00 6.49K Nov 8, 2021 Direct F1
transaction EXLS Common Stock, par value $0.001 per share Tax liability -$89.3K -651 -10.03% $137.14 5.84K Nov 8, 2021 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 -2.13K -49.99% $0.00 2.13K Nov 8, 2021 Common Stock, par value $0.001 per share 2.13K Direct F1, F3
* 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 The reporting person's restricted stock units reported in this report vested on November 8, 2021. 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 The restricted stock units will vest in two installments, one-third on the second anniversary of the grant date, and two-thirds on the third anniversary of the grant date. 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:

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