BAGAI PAVAN 4
4 · ExlService Holdings, Inc. · Filed Feb 24, 2021
Insider Transaction Report
Form 4
BAGAI PAVAN
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2021-02-22+2,650→ 55,425 total - Tax Payment
Common Stock, par value $0.001 per share
2021-02-22$80.55/sh−1,133$91,263→ 54,292 total - Exercise/Conversion
Restricted Stock Units
2021-02-22−2,650→ 2,650 total→ Common Stock, par value $0.001 per share (2,650 underlying)
Footnotes (3)
- [F1]Restricted 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.
- [F2]The reporting person's restricted stock units reported in this report vested on February 22, 2021. Pursuant to the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan, pursuant to which such restricted stock units were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.
- [F3]On February 22, 2018, the reporting person was granted 10,600 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date. 25 percent of the restricted stock units became vested on February 22, 2019, an additional twenty-five percent of the restricted stock units became vested on February 22, 2020, an additional twenty-five percent of the restricted stock units became vested on February 22, 2021; and the remaining balance of twenty-five percent of the restricted stock units will vest on February 22, 2022.