Srivatsan Nagaraja 4
4 · ExlService Holdings, Inc. · Filed Dec 19, 2017
Insider Transaction Report
Form 4
Srivatsan Nagaraja
EVP & Chief Growth Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-12-15−4,500→ 13,500 total→ Common Stock, par value $0.001 per share (4,500 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2017-12-15+4,500→ 4,500 total - Tax Payment
Common Stock, par value $0.001 per share
2017-12-15$60.80/sh−1,677$101,962→ 2,823 total
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 reporting person's restricted stock units reported in this report vested on December 15, 2017. Pursuant to the Company's 2015 Amendment and Restatement of the 2006 Omnibus Award 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 December 15, 2016, the reporting person was granted 18,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Twenty-five percent of the restricted stock units became vested on December 15, 2017, an additional twenty-five percent of the restricted stock units will vest on December 15, 2018, an additional twenty-five percent of the restricted stock units will vest on December 15, 2019, and the remaining balance of twenty-five percent of the restricted stock units will vest on December 15, 2020.