Meckey Samuel 4
4 · ExlService Holdings, Inc. · Filed Feb 18, 2022
Insider Transaction Report
Form 4
Meckey Samuel
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2022-02-17+1,853→ 12,613 total - Tax Payment
Common Stock, par value $0.001 per share
2022-02-17$119.75/sh−654$78,317→ 11,959 total - Award
Restricted Stock Units
2022-02-16+3,416→ 3,416 total→ Common Stock, par value $0.001 per share (3,416 underlying) - Exercise/Conversion
Restricted Stock Units
2022-02-17−1,853→ 5,562 total→ Common Stock, par value $0.001 per share (1,853 underlying)
Footnotes (5)
- [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 17, 2022. 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]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.
- [F4]The restricted stock units will vest in four equal annual installments, beginning on February 16, 2023. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2018 Omnibus Incentive Plan).
- [F5]On February 17, 2021, the reporting person was granted 7,415 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 17, 2022, an additional twenty-five percent of the restricted stock units will vest on February 17, 2023, an additional twenty-five percent of the restricted stock units will vest on February 17, 2024; and the remaining balance of twenty-five percent of the restricted stock units will vest on February 17, 2025