Form 4 for EXLS ExlService Holdings, Inc.
Accepted 2022-02-18 00:00:00 ET · period of report 2022-02-16 · accession 0001762098-22-000004 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-18 | 2022-02-17 | EXLS | AYYAPPAN AJAY | SVP, Gen Counsel, Corp. Sec'y | M - OptEx | $0.00 | +1,052 | 3,671 | +40% | $0 |
| D | 2022-02-18 | 2022-02-17 | EXLS | AYYAPPAN AJAY | SVP, Gen Counsel, Corp. Sec'y | F - Tax | $119.75 | -552 | 3,119 | -15% | -$66.1K |
| D | 2022-02-18 | 2022-02-17 | EXLS | AYYAPPAN AJAY | SVP, Gen Counsel, Corp. Sec'y | M - OptEx | $0.00 | -1,052 | 3,158 | -25% | $0 |
| D | 2022-02-18 | 2022-02-16 | EXLS | AYYAPPAN AJAY | SVP, Gen Counsel, Corp. Sec'y | A - Grant | $0.00 | +2,332 | 2,332 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 per share | 2022-02-17 | M | A | 1,052 | $0.00 | 3,671 | D | — | — | (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. |
| 2 | Common | Common Stock, par value $0.001 per share | 2022-02-17 | F | D | 552 | $119.75 | 3,119 | D | — | — | (F2) The reporting person's restricted stock units reported in this report vested on February 17, 2022. Under the Company's 2018 Amendment and Restatement of the 2006 Omnibus Award 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. |
| 3 | Derivative | Restricted Stock Units | 2022-02-17 | M | D | 1,052 | $0.00 | 3,158 | D | — · — to — | 1,052 Common Stock, par value $0.001 per share | (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. (F5) On February 17, 2021, the reporting person was granted 4,210 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 17, 2022, an additional twenty-five percent of the restricted stock units will vest on February 17, 2023, an additional twenty-five percent of the restricted stock units will vest on February 17, 2024; and the remaining balance of twenty-five percent of the restricted stock units will vest on February 17, 2025 |
| 4 | Derivative | Restricted Stock Units | 2022-02-16 | A | A | 2,332 | $0.00 | 2,332 | D | — · — to — | 2,332 Common Stock, par value $0.001 per share | (F3) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement. (F4) The restricted stock units will vest in four equal annual installments, beginning on February 16, 2023. 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). |