Ayyappan Ajay's Form 4 filing
ExlService Holdings, Inc. (EXLS) · filed Feb 22, 2023
- Accession no.
- 0001762098-23-000011
- Filed
- Feb 22, 2023
- Trade date
- Feb 17-20, 2023
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 8 non-derivative transactions and 3 derivative transactions. Open-market sales total $156.2K. It was filed 5 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Ayyappan AjayCIK 0001762098 | Officer (SVP & Gen Counsel/Corp. Sec'y.) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 17, 2023 | Common Stock, par value $0.001 per share | SSaleDisposed | −328 | $170.89 | −$56,051.92 | 5,369 | Direct | |
| Feb 17, 2023 | Common Stock, par value $0.001 per share | MOption exerciseAcquired | +1,053 | $0.00F2 | $0 | 6,422 | Direct | |
| Feb 17, 2023 | Common Stock, par value $0.001 per share | FTax withholdingDisposed | −460 | $170.57F3 | −$78,462.2 | 5,962 | Direct | |
| Feb 19, 2023 | Common Stock, par value $0.001 per share | SSaleDisposed | −593 | $168.81 | −$100,104.33 | 5,369 | Direct | |
| Feb 19, 2023 | Common Stock, par value $0.001 per share | MOption exerciseAcquired | +840 | $0.00F2 | $0 | 6,209 | Direct | |
| Feb 19, 2023 | Common Stock, par value $0.001 per share | FTax withholdingDisposed | −367 | $170.53F4 | −$62,584.51 | 5,842 | Direct | |
| Feb 20, 2023 | Common Stock, par value $0.001 per share | MOption exerciseAcquired | +517 | $0.00F2 | $0 | 6,359 | Direct | |
| Feb 20, 2023 | Common Stock, par value $0.001 per share | FTax withholdingDisposed | −226 | $170.53F5 | −$38,539.78 | 6,133 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 17, 2023 | Common Stock, par value $0.001 per share | MOption exerciseDisposed | −1,053 | $0.00 | $0 | 2,105 | Direct | |
| Feb 19, 2023 | Common Stock, par value $0.001 per share | MOption exerciseDisposed | −840 | $0.00 | $0 | 840 | Direct | |
| Feb 20, 2023 | Common Stock, par value $0.001 per share | MOption exerciseDisposed | −517 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
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.
Referenced by the price of 3 transactions in Table I.
- F3
The reporting person's restricted stock units reported in this report vested on February 17, 2023. 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.
Referenced by the price of 1 transaction in Table I.
- F4
The reporting person's restricted stock units reported in this report vested on February 19, 2023. 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.
Referenced by the price of 1 transaction in Table I.
- F5
The reporting person's restricted stock units reported in this report vested on February 20, 2023. 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.
Referenced by the price of 1 transaction in Table I.
Remarks
Mr. Oseni is the Company's Head of Administration and Accounts.