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[Form 4] ExlService Holdings, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

ExlService Holdings (EXLS) Director Sarah K. Williamson received multiple grants of Restricted Stock Units (RSUs) on June 17, 2025, totaling 7,146 units structured in three tranches:

  • 4,981 RSUs vesting on the earlier of first grant anniversary, board term expiration, or Change in Control
  • 1,083 RSUs immediately vested upon grant
  • 1,082 RSUs vesting on the earlier of December 31, 2025, or Change in Control

All RSUs convert to common stock and settle upon the earlier of: death, Change in Control, or 180 days after leaving the Board. Following these transactions, Williamson beneficially owns 23,048 RSUs directly. The filing was executed by General Counsel Ajay Ayyappan as attorney-in-fact on June 20, 2025.

Sarah K. Williamson, membro del consiglio di amministrazione di ExlService Holdings (EXLS), ha ricevuto il 17 giugno 2025 diverse assegnazioni di Unità Azionarie Vincolate (RSU) per un totale di 7.146 unità, suddivise in tre tranche:

  • 4.981 RSU che maturano al primo anniversario della concessione, alla scadenza del mandato nel consiglio o in caso di Cambio di Controllo, prevalendo la prima di queste date;
  • 1.083 RSU maturate immediatamente al momento della concessione;
  • 1.082 RSU che maturano al primo tra il 31 dicembre 2025 o un Cambio di Controllo.

Tutte le RSU si convertono in azioni ordinarie e vengono liquidate al primo verificarsi tra: decesso, Cambio di Controllo o 180 giorni dopo l’uscita dal Consiglio. Dopo queste operazioni, Williamson detiene direttamente 23.048 RSU. La comunicazione è stata firmata dal Consigliere Legale Generale Ajay Ayyappan in qualità di procuratore il 20 giugno 2025.

Sarah K. Williamson, directora de ExlService Holdings (EXLS), recibió el 17 de junio de 2025 varias concesiones de Unidades de Acciones Restringidas (RSU) por un total de 7,146 unidades, estructuradas en tres tramos:

  • 4,981 RSU que se consolidan en el primer aniversario de la concesión, al vencimiento del mandato en la junta o en caso de Cambio de Control, lo que ocurra primero;
  • 1,083 RSU que se consolidaron inmediatamente al momento de la concesión;
  • 1,082 RSU que se consolidan al primero de entre el 31 de diciembre de 2025 o un Cambio de Control.

Todas las RSU se convierten en acciones ordinarias y se liquidan al primero de los siguientes eventos: fallecimiento, Cambio de Control o 180 días después de dejar la junta. Tras estas transacciones, Williamson posee directamente 23,048 RSU. La presentación fue realizada por el Asesor General Ajay Ayyappan como apoderado el 20 de junio de 2025.

ExlService Holdings (EXLS) 이사� Sarah K. Williamson은 2025� 6� 17일에 � 7,146 단위� 제한 주식 단위(RSU)� � 차례� 걸쳐 부여받았습니다:

  • 4,981 RSU� 최초 부� 기념�, 이사� 임기 만료 또는 지배권 변� � 빠른 시점� 베스팅됩니다;
  • 1,083 RSU� 부� 즉시 베스팅되었습니다;
  • 1,082 RSU� 2025� 12� 31� 또는 지배권 변� � 빠른 시점� 베스팅됩니다.

모든 RSU� 보통주로 전환되며, 사망, 지배권 변�, 또는 이사� 퇴임 � 180� � 빠른 시점� 정산됩니�. � 거래 이후 Williamson은 직접 23,048 RSU� 보유하게 되었습니�. � 보고서는 2025� 6� 20� 법률 고문 Ajay Ayyappan� 대리인 자격으로 제출하였습니�.

Sarah K. Williamson, administratrice de ExlService Holdings (EXLS), a reçu le 17 juin 2025 plusieurs attributions d'Unités d'Actions Restreintes (RSU) totalisant 7 146 unités, réparties en trois tranches :

  • 4 981 RSU acquises au plus tôt à l'anniversaire de la première attribution, à l'expiration du mandat au conseil d'administration ou en cas de Changement de Contrôle ;
  • 1 083 RSU acquises immédiatement à l'attribution ;
  • 1 082 RSU acquises au plus tôt au 31 décembre 2025 ou en cas de Changement de Contrôle.

Toutes les RSU se convertissent en actions ordinaires et sont réglées au premier des événements suivants : décès, Changement de Contrôle ou 180 jours après le départ du conseil. Après ces opérations, Williamson détient directement 23 048 RSU. Le dépôt a été effectué par le conseiller juridique général Ajay Ayyappan en tant que mandataire le 20 juin 2025.

Sarah K. Williamson, Direktorin von ExlService Holdings (EXLS), erhielt am 17. Juni 2025 mehrere Zuteilungen von Restricted Stock Units (RSUs) in Höhe von insgesamt 7.146 Einheiten, aufgeteilt in drei Tranchen:

  • 4.981 RSUs, die zum früheren Zeitpunkt des ersten Jahrestags der Gewährung, des Ablaufs der Amtszeit im Vorstand oder bei einem Kontrollwechsel vesten;
  • 1.083 RSUs, die sofort bei Gewährung vesten;
  • 1.082 RSUs, die zum früheren Zeitpunkt des 31. Dezember 2025 oder eines Kontrollwechsels vesten.

Alle RSUs werden in Stammaktien umgewandelt und bei Eintritt des früheren von Tod, Kontrollwechsel oder 180 Tagen nach Ausscheiden aus dem Vorstand abgewickelt. Nach diesen Transaktionen besitzt Williamson direkt 23.048 RSUs. Die Meldung wurde am 20. Juni 2025 vom General Counsel Ajay Ayyappan als Bevollmächtigter ausgeführt.

Positive
  • None.
Negative
  • None.

Sarah K. Williamson, membro del consiglio di amministrazione di ExlService Holdings (EXLS), ha ricevuto il 17 giugno 2025 diverse assegnazioni di Unità Azionarie Vincolate (RSU) per un totale di 7.146 unità, suddivise in tre tranche:

  • 4.981 RSU che maturano al primo anniversario della concessione, alla scadenza del mandato nel consiglio o in caso di Cambio di Controllo, prevalendo la prima di queste date;
  • 1.083 RSU maturate immediatamente al momento della concessione;
  • 1.082 RSU che maturano al primo tra il 31 dicembre 2025 o un Cambio di Controllo.

Tutte le RSU si convertono in azioni ordinarie e vengono liquidate al primo verificarsi tra: decesso, Cambio di Controllo o 180 giorni dopo l’uscita dal Consiglio. Dopo queste operazioni, Williamson detiene direttamente 23.048 RSU. La comunicazione è stata firmata dal Consigliere Legale Generale Ajay Ayyappan in qualità di procuratore il 20 giugno 2025.

Sarah K. Williamson, directora de ExlService Holdings (EXLS), recibió el 17 de junio de 2025 varias concesiones de Unidades de Acciones Restringidas (RSU) por un total de 7,146 unidades, estructuradas en tres tramos:

  • 4,981 RSU que se consolidan en el primer aniversario de la concesión, al vencimiento del mandato en la junta o en caso de Cambio de Control, lo que ocurra primero;
  • 1,083 RSU que se consolidaron inmediatamente al momento de la concesión;
  • 1,082 RSU que se consolidan al primero de entre el 31 de diciembre de 2025 o un Cambio de Control.

Todas las RSU se convierten en acciones ordinarias y se liquidan al primero de los siguientes eventos: fallecimiento, Cambio de Control o 180 días después de dejar la junta. Tras estas transacciones, Williamson posee directamente 23,048 RSU. La presentación fue realizada por el Asesor General Ajay Ayyappan como apoderado el 20 de junio de 2025.

ExlService Holdings (EXLS) 이사� Sarah K. Williamson은 2025� 6� 17일에 � 7,146 단위� 제한 주식 단위(RSU)� � 차례� 걸쳐 부여받았습니다:

  • 4,981 RSU� 최초 부� 기념�, 이사� 임기 만료 또는 지배권 변� � 빠른 시점� 베스팅됩니다;
  • 1,083 RSU� 부� 즉시 베스팅되었습니다;
  • 1,082 RSU� 2025� 12� 31� 또는 지배권 변� � 빠른 시점� 베스팅됩니다.

모든 RSU� 보통주로 전환되며, 사망, 지배권 변�, 또는 이사� 퇴임 � 180� � 빠른 시점� 정산됩니�. � 거래 이후 Williamson은 직접 23,048 RSU� 보유하게 되었습니�. � 보고서는 2025� 6� 20� 법률 고문 Ajay Ayyappan� 대리인 자격으로 제출하였습니�.

Sarah K. Williamson, administratrice de ExlService Holdings (EXLS), a reçu le 17 juin 2025 plusieurs attributions d'Unités d'Actions Restreintes (RSU) totalisant 7 146 unités, réparties en trois tranches :

  • 4 981 RSU acquises au plus tôt à l'anniversaire de la première attribution, à l'expiration du mandat au conseil d'administration ou en cas de Changement de Contrôle ;
  • 1 083 RSU acquises immédiatement à l'attribution ;
  • 1 082 RSU acquises au plus tôt au 31 décembre 2025 ou en cas de Changement de Contrôle.

Toutes les RSU se convertissent en actions ordinaires et sont réglées au premier des événements suivants : décès, Changement de Contrôle ou 180 jours après le départ du conseil. Après ces opérations, Williamson détient directement 23 048 RSU. Le dépôt a été effectué par le conseiller juridique général Ajay Ayyappan en tant que mandataire le 20 juin 2025.

Sarah K. Williamson, Direktorin von ExlService Holdings (EXLS), erhielt am 17. Juni 2025 mehrere Zuteilungen von Restricted Stock Units (RSUs) in Höhe von insgesamt 7.146 Einheiten, aufgeteilt in drei Tranchen:

  • 4.981 RSUs, die zum früheren Zeitpunkt des ersten Jahrestags der Gewährung, des Ablaufs der Amtszeit im Vorstand oder bei einem Kontrollwechsel vesten;
  • 1.083 RSUs, die sofort bei Gewährung vesten;
  • 1.082 RSUs, die zum früheren Zeitpunkt des 31. Dezember 2025 oder eines Kontrollwechsels vesten.

Alle RSUs werden in Stammaktien umgewandelt und bei Eintritt des früheren von Tod, Kontrollwechsel oder 180 Tagen nach Ausscheiden aus dem Vorstand abgewickelt. Nach diesen Transaktionen besitzt Williamson direkt 23.048 RSUs. Die Meldung wurde am 20. Juni 2025 vom General Counsel Ajay Ayyappan als Bevollmächtigter ausgeführt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Williamson Sarah K

(Last) (First) (Middle)
320 PARK AVENUE
29TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ExlService Holdings, Inc. [ EXLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 06/17/2025 A 4,981 (2) (2) Common Stock, par value $0.001 per share 4,981 $0 20,883 D
Restricted Stock Units (1) 06/17/2025 A 1,083 (3) (3) Common Stock, par value $0.001 per share 1,083 $0 21,966 D
Restricted Stock Units (1) 06/17/2025 A 1,082 (4) (4) Common Stock, par value $0.001 per share 1,082 $0 23,048 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.
2. 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, and (iii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2025 Omnibus Incentive 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) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.
3. The restricted stock units are vested on the date of grant. 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 ExlService Holdings, Inc. 2025 Omnibus Incentive Plan and (iii) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.
4. The restricted stock units will vest upon the earlier of (i) December 31, 2025 or (ii) the occurrence of a "Change in Control", as defined in the ExlService Holdings, Inc. 2025 Omnibus Incentive Plan (the "Plan"). 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) the date that is 180 days following the date on which the reporting person ceases to serve as a member of the Board for any reason other than due to such reporting person's death or, if later, the date of the reporting person's separation from service.
Remarks:
Mr. Ayyappan is the Company's General Counsel.
/s/ Ajay Ayyappan, Attorney-in-Fact 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many restricted stock units (RSUs) did Sarah K Williamson receive from EXLS on June 17, 2025?

Sarah K Williamson received a total of 7,146 restricted stock units (RSUs) from EXLS on June 17, 2025, broken down as: 4,981 RSUs with one-year vesting, 1,083 RSUs that vested immediately, and 1,082 RSUs that vest on December 31, 2025.

What is Sarah K Williamson's role at EXLS and how many EXLS RSUs does she own after the latest grant?

Sarah K Williamson serves as a Director at EXLS. Following the reported transactions, she beneficially owns a total of 23,048 restricted stock units, all held directly (D) according to the Form 4 filing.

When do the EXLS restricted stock units granted to Williamson on June 17, 2025 vest?

The RSUs have three different vesting schedules: 4,981 units vest on the first anniversary of the grant date or earlier upon certain conditions; 1,083 units were vested immediately upon grant; and 1,082 units vest on December 31, 2025 or earlier if there is a Change in Control.

What are the settlement terms for EXLS's restricted stock units granted to Williamson?

The RSUs settle upon the earliest of: (1) the reporting person's death, (2) occurrence of a Change in Control, or (3) 180 days after ceasing to serve as a Board member for any reason other than death. Each RSU represents one share of EXLS common stock upon settlement.
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Information Technology Services
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United States
NEW YORK