Ankor Rai - Oct 22, 2022 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Role
EVP, Chief Digital Officer
Signature
/s/ Lazbart Oseni, Attorney-in-Fact
Stock symbol
EXLS
Transactions as of
Oct 22, 2022
Transactions value $
-$383,642
Form type
4
Date filed
10/25/2022, 05:13 PM
Previous filing
Apr 4, 2022
Next filing
Jan 19, 2023

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 +4.57K +65.28% $0.00 11.6K Oct 22, 2022 Direct F1
transaction EXLS Common Stock, par value $0.001 per share Tax liability -$384K -2.34K -20.21% $164.16 9.23K Oct 22, 2022 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 0 $0.00* 0 Oct 22, 2022 Common Stock, par value $0.001 per share 0 $0.00 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 October 22, 2022. 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 On October 22, 2019. the reporting person was granted 9,133 restricted stock units, fifty percent of the restricted stock units became vested on October 22, 2021, and the remaining balance of fifty percent of the restricted stock units became vested on October 22, 2022.