SEC Form 4 · accession 0001144204-16-113012
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
Jul 12, 2016
Accepted (ET)
Jul 14, 2016 · 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 | Jul 12, 2016 | M | 4,500 | $24.77 | A | 8,470 | D | |
| Common Stock, par value $0.001 per share | Jul 12, 2016 | S | 4,500 | $54.00 | 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 | $24.77 | Jul 12, 2016 | M | 4,500 | D | — | Feb 7, 2022 | Common Stock, par value $0.001 per share | 4,500 | 2,050 | D |
Explanation of responses
- F1On July 12, 2016 the reporting person exercised previously issued options to purchase an aggregate of 4,500 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 11,050 stock options. 10 percent of these options became vested and exercisable on February 7, 2013, an additional 20 percent became vested and exercisable on February 7, 2014, an additional 30 percent became vested and exercisable on February 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.