Vivek Jetley - 17 Feb 2024 Form 4 Insider Report for ExlService Holdings, Inc. (EXLS)

Role
EVP and Head of Analytics
Signature
/s/ Lazbart Oseni, Attorney-in-Fact
Issuer symbol
EXLS
Transactions as of
17 Feb 2024
Transactions value $
-$218,209
Form type
4
Filing time
21 Feb 2024, 20:55:12 UTC
Previous filing
20 Feb 2024
Next filing
29 Feb 2024
SEC
View on sec.gov

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 +5,460 +1.6% $0 337,540 19 Feb 2024 Direct F1
transaction EXLS Common Stock, par value $0.001 per share Tax liability -$92,321 -3,020 -0.89% $30.57 334,520 19 Feb 2024 Direct F2
transaction EXLS Common Stock, par value $0.001 per share Options Exercise $0 +7,445 +2.2% $0 341,965 17 Feb 2024 Direct F1
transaction EXLS Common Stock, par value $0.001 per share Tax liability -$125,887 -4,118 -1.2% $30.57 337,847 17 Feb 2024 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 -5,460 -100% $0* 0 17 Feb 2024 Common Stock, par value $0.001 per share 5,460 Direct F1, F3
transaction EXLS Restricted Stock Units Options Exercise $0 -7,445 -50% $0 7,445 19 Feb 2024 Common Stock, par value $0.001 per share 7,445 Direct F1, F4
* 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 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 February 17, 2021, the reporting person was granted 5,955 (pre-split) 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 17, 2022, an additional 25 percent of the restricted stock units became vested on February 17, 2023, an additional 25 percent of the restricted stock units became vested on February 17, 2024, and the remaining balance of 25 percent of the restricted stock units will vest on February 17, 2025.
F4 On February 19, 2020, the reporting person was granted 4.365 (pre-split) 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 19, 2021, an additional 25 percent of the restricted stock units became vested on February 19, 2022, an additional 25 percent of the restricted stock units became vested on February 19, 2023, and the remaining balance of 25 percent of the restricted stock units became vested on February 19, 2024.

Remarks:

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