BAGAI PAVAN 4
4 · ExlService Holdings, Inc. · Filed Feb 25, 2021
Insider Transaction Report
Form 4
BAGAI PAVAN
Chief Operating Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-02-23−2,875→ 0 total→ Common Stock, par value $0.001 per share (2,875 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2021-02-23+2,875→ 57,167 total - Tax Payment
Common Stock, par value $0.001 per share
2021-02-23$80.46/sh−1,229$98,885→ 55,938 total
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 23, 2021. Pursuant to the ExlService Holdings, Inc. 2016 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 23, 2017, the reporting person was granted 11,500 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 became vested on February 23, 2019, an additional 25 percent of the restricted stock units became vested February 23, 2020, and the remaining balance of 25 percent of the restricted stock units became vested on February 23, 2021.