SEC Form 4 · accession 0001144204-17-049798
ExlService Holdings, Inc. · EXLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rembert de Villa
Officer — EVP
Period of report
Sep 22, 2017
Accepted (ET)
Sep 26, 2017 · 5:29 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 | Sep 22, 2017 | M | 6,370 | $23.82 | A | 17,067 | D | |
| Common Stock, par value $0.001 per share | Sep 22, 2017 | M | 25,000 | $8.75 | A | 42,067 | D | |
| Common Stock, par value $0.001 per shareF3 | Sep 22, 2017 | S | 18,658 | $57.10 | D | 23,409 | D | |
| Common Stock, par value $0.001 per shareF4 | Sep 22, 2017 | S | 12,712 | $57.38 | D | 10,697 | 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)F5 | $23.82 | Sep 22, 2017 | M | 6,370 | D | — | Apr 24, 2018 | Common Stock, par value $0.001 per share | 6,370 | 33,630 | D |
| Employee Stock Options (right to buy)F6 | $8.75 | Sep 22, 2017 | M | 25,000 | D | — | Feb 10, 2019 | Common Stock, par value $0.001 per share | 25,000 | 0 | D |
Explanation of responses
- F1On September 22, 2017 the reporting person exercised previously issued options to purchase an aggregate of 31,370 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.
- F3This transaction was executed in multiple trades at prices ranging from $56.30 to $57.29 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F4This transaction was executed in multiple trades at prices ranging from $57.30 to $57.50 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F5On April 24, 2008, the reporting person was granted 40,000 stock options. 10 percent of these options became vested and exercisable on April 24, 2009, an additional 20 percent became vested and exercisable on April 24, 2010, an additional 30 percent became vested and exercisable on April 24, 2011, and the balance of 40 percent became vested and exercisable on April 24, 2012.
- F6On February 10, 2009, the reporting person was granted 25,000 stock options. 10 percent of these options became vested and exercisable on February 10, 2010, an additional 20 percent became vested and exercisable on February 10, 2011, an additional 30 percent became vested and exercisable on February 10, 2012, and the balance of 40 percent became vested and exercisable on February 10, 2013.
Remarks
Mr. Oseni is the Company's Head of Administration and Accounts.