SEC Form 4 · accession 0001144204-18-022111
ExlService Holdings, Inc. · EXLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy Saltzman
Officer — EVP & Gen. Counsel/Corp. Sec'y
Period of report
Apr 21, 2018
Accepted (ET)
Apr 24, 2018 · 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 shareF1 | Apr 21, 2018 | M | 8,000 | — | A | 16,420 | D | |
| Common Stock, par value $0.001 per shareF2 | Apr 21, 2018 | F | 3,835 | $58.82 | D | 12,585 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Apr 21, 2018 | M | 8,000 | D | — | — | Common Stock, par value $0.001 per share | 8,000 | 0 | D |
Explanation of responses
- F1Restricted stock units of ExlService Holdings, Inc. (the "Company") convert into common stock, par value $0.001 per share (the "Common Stock") on a one-for-one basis.
- F2The reporting person's restricted stock units reported in this report vested on April 21, 2018. Pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such restricted stock units were granted, the average of the high and low sale prices of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.
- F3On April 21, 2014, the reporting person was granted 20,000 restricted stock units, 10 percent of the restricted stock units became vested on April 21, 2015, an additional 20 percent of the restricted stock units became vested on April 21, 2016, an additional 30 percent of the restricted stock units became vested on April 21, 2017, and the remaining 40 percent of the restricted stock units became vested on April 21, 2018.
Remarks
Mr. Oseni is the Company's Head of Administration and Accounts.