SEC Form 4 · accession 0001144204-15-050460
ExlService Holdings, Inc. · EXLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Kelso
Director
Period of report
Aug 14, 2015
Accepted (ET)
Aug 18, 2015 · 5:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001297989
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per share | Aug 14, 2015 | M | 13,000 | $11.875 | A | 18,000 | D | |
| Common Stock, par value $0.001 per shareF2 | Aug 14, 2015 | S | 13,000 | $37.2613 | D | 5,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F3 | $11.875 | Aug 14, 2015 | M | 13,000 | D | — | Jul 5, 2016 | Common Stock, par value $0.001 per share | 13,000 | 0 | D |
Explanation of responses
- F1On August 14, 2015 the reporting person exercised previously issued options to purchase an aggregate of 13,000 shares of common stock of ExlService Holdings, Inc.
- F2This transaction was executed in multiple trades at prices ranging from $37.08 to $37.41 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F325 percent of these options became exercisable on 7/6/2007; additional 25 percent on 7/6/2008; an additional 25 percent on 7/6/2009; and the balance of 25 percent became exercisable on 7/6/2010.
Remarks
Mr. Oseni is the Company's Head of Administration and Accounts