SEC Form 4 · accession 0001144204-15-058693
ExlService Holdings, Inc. · EXLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henry N Schweppe III
Officer — Pres., Global Bus & Marketing
Period of report
Oct 6, 2015
Accepted (ET)
Oct 8, 2015 · 5:00 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 shareF1 | Oct 6, 2015 | M | 2,016 | — | A | 2,016 | D | |
| Common Stock, par value $0.001 per shareF2 | Oct 6, 2015 | F | 713 | $38.48 | D | 1,303 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Oct 6, 2015 | M | 2,016 | D | — | — | Common Stock, par value $0.001 per share | 2,016 | 18,153 | D |
Explanation of responses
- F1Restricted 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.
- F2The reporting person's restricted stock units reported in this report vested on October 6, 2015. Pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such restricted stock units were granted, the average of the high and low sale prices of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.
- F32,016 shares of restricted stock units became vested on October 6, 2015; an additional 4,034 shares of the restricted stock units will vest on October 6, 2016; an additional 6,051 shares of restricted stock units will vest on October 6, 2017; and the remaining balance of 8,068 shares of the restricted stock units will vest on October 6, 2018.
Remarks
Mr. Oseni is the Company's Head of Administration and Accounts.