ExlService Holdings, Inc. 4/A
4/A · ExlService Holdings, Inc. · Filed Dec 5, 2016
Insider Transaction Report
Form 4/AAmended
Sahney Nitin
Director
Transactions
- Award
Restricted Stock Units
2016-06-17+1,946→ 2,992 total→ Common Stock, par value $0.001 per share (1,946 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.
- [F2]The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the date on which the reporting person's term as a member of the Board of Directors of ExlService Holdings, Inc. (the "Board") expires if the reporting person is not subsequently elected to a new term on the Board, (iii) a change in control (the "Vesting Date") and (iv) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2015 Amendment and Restatement of the 2006 Omnibus Award Plan (the "Plan"), and such awards settle upon the earlier of (i) the reporting person's death, (ii) the occurrence of a "Change of Control", as defined in the Plan and (iii) 180 days following the end of the reporting person's term on the Board.
- [F3]The reporting person's Form 4 filed on June 21, 2016 inadvertently understated the amount of derivative securities directly held by the reporting person by 70 shares.