| 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 | +5.59K | +5.32% | $0.00 | 111K | Feb 27, 2025 | Direct | F1 |
| transaction | EXLS | Common Stock, par value $0.001 per share | Tax liability | -$139K | -2.86K | -2.58% | $48.63 | 108K | Feb 27, 2025 | Direct | F2 |
| transaction | EXLS | Common Stock, par value $0.001 per share | Sale | -$132K | -2.73K | -2.53% | $48.32 | 105K | Feb 28, 2025 | Direct | F3 |
| 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 | -5.59K | -25% | $0.00 | 16.8K | Feb 27, 2025 | Common Stock, par value $0.001 per share | 5.59K | Direct | F1, F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 | This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person on November 4, 2024. |
| F4 | On February 27, 2024, the reporting person was granted 22,348 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 27, 2025, an additional 25 percent of the restricted stock units will vest on February 27, 2026, an additional 25 percent of the restricted stock units will vest on February 27, 2027, and the remaining balance of 25 percent of the restricted stock units will vest on February 27, 2028. |
Mr. Ayyappan is the Company's General Counsel.