SEC Form 4 · accession 0001144204-16-095318
ExlService Holdings, Inc. · EXLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vikas Bhalla
Officer — EVP & Head of Outsourcing
Period of report
Apr 18, 2016
Accepted (ET)
Apr 20, 2016 · 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 share | Apr 18, 2016 | M | 9,100 | $24.77 | A | 13,164 | D | |
| Common Stock, par value $0.001 per share | Apr 18, 2016 | S | 9,100 | $52.017 | D | 4,064 | 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 | $24.77 | Apr 18, 2016 | M | 9,100 | D | — | Feb 7, 2022 | Common Stock, par value $0.001 per share | 9,100 | 0 | D |
Explanation of responses
- F1On April 18, 2016 the reporting person exercised previously issued options to purchase an aggregate of 9,100 shares of common stock of ExlService Holdings, Inc.
- F2This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.
- F3On February 7, 2012, the reporting person was granted 9,100 stock options. 10 percent of these options became vested and exercisable on 2/7/2013, an additional 20 percent became vested and exercisable on 2/7/2014, an additional 30 percent became vested and exercisable on 2/7/2015, and the balance of 40 percent became vested and exercisable on February 7, 2016.
Remarks
Mr. Oseni is the Company's Head of Administration and Accounts.