SEC Form 4 · accession 0001144204-17-011881

ExlService Holdings, Inc. · EXLS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Rohit Kapoor

Officer — CEO & Vice Chairman · Director

Period of report

Feb 24, 2017

Accepted (ET)

Feb 28, 2017 · 6:07 pm EST

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^F1,F2	Feb 24, 2017	M	9,375	—	A	364,761	D
Common Stock, par value $0.001 per share^F1,F2	Feb 26, 2017	M	9,375	—	A	374,136	D
Common Stock, par value $0.001 per share^F3	holding	—	—		—	40,219	I	See footnote
Common Stock, par value $0.001 per share^F4	holding	—	—		—	333,185	I	See footnote
Common Stock, par value $0.001 per share^F5	holding	—	—		—	177,134	I	See footnote
Common Stock, par value $0.001 per share^F6	holding	—	—		—	84,000	I	See footnote
Common Stock, par value $0.001 per share^F7	holding	—	—		—	84,000	I	See footnote

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F8	—	Feb 24, 2017	M	9,375	D	—	—	Common Stock, par value $0.001 per share	9,375	28,125	D
Restricted Stock Units^F1,F9	—	Feb 26, 2017	M	9,375	D	—	—	Common Stock, par value $0.001 per share	9,375	18,750	D

Explanation of responses

F1Restricted stock units of ExlService Holdings, Inc. convert into common stock, par value $0.001 per share on a one-for-one basis.
F2Owned by Rohit Kapoor.
F3Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2013 GRAT.
F4Owned by the Rohit Kapoor 2012 Family Trust.
F5Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2005 GRAT.
F6Owned by the Rohit Kapoor Spousal Lifetime Access Trust.
F7Owned by the Shikha Kapoor 2005 Family Trust.
F8On February 24, 2016, the reporting person was granted 37,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on February 24, 2017, an additional twenty-five percent of the restricted stock units will vest on February 24, 2018, an additional twenty-five percent of the restricted stock units will vest on February 24, 2019, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 24, 2020.
F9On February 26, 2015, the reporting person was granted 37,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on February 26, 2016, an additional twenty-five percent of the restricted stock units became vested on February 26, 2017, an additional twenty-five percent of the restricted stock units will vest on February 26, 2018, and the remaining balance of twenty-five percent of the restricted stock units will vest on February 26, 2019.

Remarks

Mr. Oseni is the Company's Head of Administration and Accounts.