SEC Form 4 · accession 0001144204-19-004139
ExlService Holdings, Inc. · EXLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nalin Kumar Miglani
Officer — EVP and Chief HR Officer
Period of report
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 5:13 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 shareF1 | Jan 29, 2019 | A | 2,205 | — | A | 2,205 | D | |
| Common Stock, par value $0.001 per shareF2 | Jan 29, 2019 | F | 930 | $56.36 | D | 1,275 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person's shares of common stock, par value $0.001 per share (the "Common Stock") reported in this report were earned pursuant to the performance restricted stock units ("PRSUs") of ExlService Holdings, Inc. (the "Company") granted on February 24, 2016 and voluntarily reported in a Form 4 filed on February 26, 2016. Such shares of Common Stock were deemed earned on January 29, 2019 based on the Compensation Committee of the Board of Directors administering the award certifying the achievement of performance targets applicable to the PRSUs for the performance period ending on December 31, 2018.
- F2Pursuant to the agreement governing the grant of the PRSUs and pursuant to the Company's 2015 Amendment and Restatement of the 2006 Omnibus Award Plan, pursuant to which such PRSUs were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day, January 28, 2019 in this case, is used for purposes of computing tax reporting and withholding.
Remarks
Mr. Oseni is the Company's Head of Administration and Accounts.