0001373633-22-000004.txt : 20220218
0001373633-22-000004.hdr.sgml : 20220218
20220218171802
ACCESSION NUMBER: 0001373633-22-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220216
FILED AS OF DATE: 20220218
DATE AS OF CHANGE: 20220218
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bhalla Vikas
CENTRAL INDEX KEY: 0001373633
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33089
FILM NUMBER: 22653890
MAIL ADDRESS:
STREET 1: C/O EXLSERVICE HOLDINGS, INC.
STREET 2: 320 PARK AVENUE 29TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ExlService Holdings, Inc.
CENTRAL INDEX KEY: 0001297989
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 820572194
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 320 PARK AVENUE
STREET 2: 29TH FLOOR
CITY: NEW YORK
STATE: X1
ZIP: 10022
BUSINESS PHONE: (212) 277-7100
MAIL ADDRESS:
STREET 1: 320 PARK AVENUE
STREET 2: 29TH FLOOR
CITY: NEW YORK
STATE: X1
ZIP: 10022
4
1
wf-form4_164522266067853.xml
FORM 4
X0306
4
2022-02-16
0
0001297989
ExlService Holdings, Inc.
EXLS
0001373633
Bhalla Vikas
320 PARK AVENUE
NEW YORK
NY
10022
0
1
0
0
EVP & Head of Outsourcing
Common Stock, par value $0.001 per share
2022-02-17
4
M
0
1835
0
A
14531
D
Common Stock, par value $0.001 per share
2022-02-17
4
F
0
785
119.75
D
13746
D
Restricted Stock Units
2022-02-16
4
A
0
4348
0
A
Common Stock, par value $0.001 per share
4348.0
4348
D
Restricted Stock Units
2022-02-17
4
M
0
1835
0
D
Common Stock, par value $0.001 per share
1835.0
5505
D
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.
The reporting person's restricted stock units reported in this report vested on February 17, 2022. Under the Company's 2018 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.
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.
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).
On February 17, 2021, the reporting person was granted 7,340 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.
Note: On February 16, 2022 the reporting person was also granted performance-based restricted stock units that are subject to material conditions beyond the reporting person's control, and, therefore, not considered derivative securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, and excluded from this report.
Mr. Oseni is the Company's Head of Administration and Accounts.
/s/ Lazbart Oseni, Attorney-in-Fact
2022-02-18