SEC Form 4 · accession 0001144204-16-111529
ExlService Holdings, Inc. · EXLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vishal Chhibbar
Officer — EVP & CFO
Period of report
Jun 30, 2016
Accepted (ET)
Jul 5, 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 | Jun 30, 2016 | S | 1,844 | $52.20 | D | 3,970 | D | |
| Common Stock, par value $0.001 per share | Jul 1, 2016 | M | 2,209 | $9.59 | A | 6,179 | D | |
| Common Stock, par value $0.001 per share | Jul 1, 2016 | S | 2,209 | $52.50 | D | 3,970 | 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 | $9.59 | Jul 1, 2016 | M | 2,209 | D | — | Jun 1, 2019 | Common Stock, par value $0.001 per share | 2,209 | 48,000 | D |
Explanation of responses
- F1This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.
- F2On July 1, 2016 the reporting person exercised previously issued options to purchase an aggregate of 2,209 shares of common stock of ExlService Holdings, Inc.
- F3On June 1, 2009, the reporting person was granted 100,000 stock options. 10 percent of these options became vested and exercisable on June 1, 2010, an additional 20 percent became vested and exercisable on June 1, 2011, an additional 30 percent became vested and exercisable on June 1, 2012, and the balance of 40 percent became vested and exercisable on June 1, 2013.
Remarks
Mr. Oseni is the Company's Head of Administration and Accounts.