SEC Form 4 · accession 0001144204-19-010291
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 22, 2019
Accepted (ET)
Feb 26, 2019 · 6:00 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 | Feb 22, 2019 | A | 7,501 | — | A | 240,945 | D | |
| Common Stock, par value $0.001 per shareF1 | Feb 23, 2019 | A | 7,972 | — | A | 248,917 | D | |
| Common Stock, par value $0.001 per shareF1 | Feb 24, 2019 | A | 9,375 | — | A | 258,292 | D | |
| Common Stock, par value $0.001 per shareF2 | holding | — | — | — | 40,219 | I | See Footnote | |
| Common Stock, par value $0.001 per shareF3 | holding | — | — | — | 333,185 | I | See Footnote | |
| Common Stock, par value $0.001 per shareF4 | holding | — | — | — | 177,134 | I | See Footnote | |
| Common Stock, par value $0.001 per shareF5 | holding | — | — | — | 84,000 | I | See Footnote | |
| Common Stock, par value $0.001 per shareF6 | 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 UnitsF1,F7 | — | Feb 22, 2019 | M | 7,501 | D | — | — | Common Stock, par value $0.001 per share | 7,501 | 22,504 | D |
| Restricted Stock UnitsF1,F8 | — | Feb 23, 2019 | M | 7,972 | D | — | — | Common Stock, par value $0.001 per share | 7,972 | 15,945 | D |
| Restricted Stock UnitsF1,F9 | — | Feb 24, 2019 | M | 9,375 | D | — | — | Common Stock, par value $0.001 per share | 9,375 | 9,375 | 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 the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2013 GRAT.
- F3Owned by the Rohit Kapoor 2012 Family Trust.
- F4Owned by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2005 GRAT.
- F5Owned by the Rohit Kapoor Spousal Lifetime Access Trust.
- F6Owned by the Shikha Kapoor 2005 Family Trust.
- F7On February 22, 2018, the reporting person was granted 30,005 restricted stock units, 25 percent of the restricted stock units became vested on February 22, 2019, an additional 25 percent of the restricted stock units will vest on February 22, 2020, an additional 25 percent of the restricted stock units will vest on February 22, 2021, and the remaining balance of 7,973 shares of the restricted stock units will vest on February 22, 2021.
- F8On February 23, 2017, the reporting person was granted 31,889 restricted stock units, 25 percent of the restricted stock units became vested on February 23, 2018, an additional 25 percent of the restricted stock units will became vested on February 23, 2019, an additional 25 percent of the restricted stock units will vest on February 23, 2020, and the remaining balance of 7,973 shares of the restricted stock units will vest on February 23, 2021.
- F9On 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. 25 percent of the restricted stock units became vested on February 24, 2017, an additional 25 percent of the restricted stock units became vested on February 24, 2018, an additional 25 percent of the restricted stock units became vested on February 24, 2019, and the remaining balance of 25 percent of the restricted stock units will vest on February 24, 2020.
Remarks
Mr. Oseni is the Company's Head of Administration and Accounts.