SEC Form 4 · accession 0001144204-17-051384
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
Oct 2, 2017
Accepted (ET)
Oct 4, 2017 · 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 shareF2 | Oct 2, 2017 | M | 42,118 | $19.76 | A | 214,804 | D | |
| Common Stock, par value $0.001 per shareF4,F2 | Oct 2, 2017 | S | 42,118 | $58.96 | D | 172,686 | D | |
| Common Stock, par value $0.001 per shareF5 | holding | — | — | — | 40,219 | I | See Footnote | |
| Common Stock, par value $0.001 per shareF6 | holding | — | — | — | 333,185 | I | See Footnote | |
| Common Stock, par value $0.001 per shareF7 | holding | — | — | — | 177,134 | I | See Footnote | |
| Common Stock, par value $0.001 per shareF8 | holding | — | — | — | 84,000 | I | See Footnote | |
| Common Stock, par value $0.001 per shareF9 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F10 | $19.76 | Oct 2, 2017 | M | 42,118 | D | — | Feb 3, 2021 | Common Stock, par value $0.001 per share | 42,118 | 55,382 | D |
Explanation of responses
- F1On October 2, 2017 the reporting person exercised previously issued options to purchase an aggregate of 42,118 shares of common stock of ExlService Holdings, Inc.
- F10On February 3, 2011, the reporting person was granted 97, 500 stock options. 25 percent of these options became vested and exercisable on February 3, 2012, an additional 25 percent became vested and exercisable on February 3, 2013, an additional 25 percent became vested and exercisable on February 3, 2014, and the balance of 25 percent became vested and exercisable on February 3, 2015.
- F2Owned by Rohit Kapoor.
- F3This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.
- F4This transaction was executed in multiple trades at prices ranging from $58.60 to $59.23 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.
- F5Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2013 GRAT.
- F6Owned by the Rohit Kapoor 2016 Family Trust.
- F7Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2005 GRAT.
- F8Owned by the Rohit Kapoor Spousal Lifetime Access Trust.
- F9Owned by the Shikha Kapoor 2005 Family Trust.
Remarks
Mr. Oseni is the Company's Head of Administration and Accounts.