Ajay Ayyappan - Mar 31, 2022 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Role
SVP & Gen Counsel/Corp. Sec'y.
Signature
/s/ Lazbart Oseni, Attorney-in-Fact
Stock symbol
EXLS
Transactions as of
Mar 31, 2022
Transactions value $
$0
Form type
4
Date filed
4/4/2022, 05:04 PM
Previous filing
Mar 18, 2022
Next filing
Dec 15, 2022

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 +4.01K $0.00 4.01K Mar 31, 2022 Common Stock, par value $0.001 per share 4.01K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units received under a share matching plan in connection with the officer's purchase of common stock, par value $0.001 per share of ExlService Holdings, Inc.
F2 The restricted stock units will vest in two installments, one-third on the second year anniversary, and two-thirds on the third year anniversary. 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).