SEC Form 4 · accession 0001209191-15-009878
ExlService Holdings, Inc. · EXLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vikas Bhalla
Officer — EVP & Head of Outsourcing.
Period of report
Feb 3, 2015
Accepted (ET)
Feb 5, 2015 · 5:01 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 3, 2015 | M | 1,400 | — | A | 1,402 | D | |
| Common Stock, par value $0.001 per shareF2 | Feb 3, 2015 | F | 476 | $29.5475 | D | 926 | 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 | — | Feb 3, 2015 | M | 1,400 | D | — | — | Common Stock, par value $0.001 per share | 1,400 | 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 February 3, 2015. 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 February 3, 2011, the reporting person was granted 3,500 restricted stock units, vesting in 10%, 20%, 30% and 40% beginning on the first anniversary of the grant date. The remaining balance i/n/o 1,400 shares of restricted stock units became vested on February 3, 2015.