Vivek Jetley - Feb 19, 2022 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Signature
/s/ Lazbart Oseni, Attorney-in-Fact
Stock symbol
EXLS
Transactions as of
Feb 19, 2022
Transactions value $
$0
Form type
4
Date filed
2/23/2022, 05:00 PM
Previous filing
Feb 18, 2022
Next filing
Feb 24, 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 +1.09K +2.31% $0.00 48.4K Feb 19, 2022 Direct F1
transaction EXLS Common Stock, par value $0.001 per share Options Exercise $0 +722 +1.49% $0.00 49.1K Feb 20, 2022 Direct F1

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 -1.09K -33.33% $0.00 2.18K Feb 19, 2022 Common Stock, par value $0.001 per share 1.09K Direct F1, F2
transaction EXLS Restricted Stock Units Options Exercise $0 -722 -49.97% $0.00 723 Feb 20, 2022 Common Stock, par value $0.001 per share 722 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 On February 19, 2020, the reporting person was granted 4,365 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date. 25 percent of the restricted stock units became vested on February 19, 2021, an additional twenty-five percent of the restricted stock units became vested on February 19, 2022, an additional twenty-five percent of the restricted stock units will vest on February 19, 2023, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 19, 2024.
F3 On February 20, 2019, the reporting person was granted 2,890 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 February 20, 2020, an additional 25 percent of the restricted stock units became vested on February 20, 2021, an additional 25 percent of the restricted stock units will became vested on February 20, 2022, and the remaining balance of 25 percent of the restricted stock units will vest on February 20, 2023.