EXLS

SEC source: 0001144204-17-009396 · v459660_4.xml · derivative · entry 5

BAGAI PAVAN · CIK 0001374134 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,600

Underlying: Common Stock, par value $0.001 per share · 3,450 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: On February 13, 2014, the reporting person was granted 11,500 restricted stock units, 10 percent of the restricted stock units became vested on February 13, 2015, an additional 20 percent of the restricted stock units became vested on February 13, 2016, an additional 30 percent of the restricted stock units became vested on February 13, 2017, and the remaining balance of 4,600 shares of the restricted stock units will vest on February 13, 2018.

F3 · derivative.expiration_date: On February 13, 2014, the reporting person was granted 11,500 restricted stock units, 10 percent of the restricted stock units became vested on February 13, 2015, an additional 20 percent of the restricted stock units became vested on February 13, 2016, an additional 30 percent of the restricted stock units became vested on February 13, 2017, and the remaining balance of 4,600 shares of the restricted stock units will vest on February 13, 2018.

SEC source: 0001144204-17-009396 · v459660_4.xml · nonDerivative · entry 4

BAGAI PAVAN · CIK 0001374134 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 121,956

F2 · price: The reporting person's restricted stock units reported in this report vested on February 13, 2017. Pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such restricted stock units were granted, the average of the high and low sale prices of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

SEC source: 0001144204-17-009396 · v459660_4.xml · nonDerivative · entry 3

BAGAI PAVAN · CIK 0001374134 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 122,170

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001144204-17-009396 · v459660_4.xml · nonDerivative · entry 2

BAGAI PAVAN · CIK 0001374134 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 121,568

F2 · price: The reporting person's restricted stock units reported in this report vested on February 13, 2017. Pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such restricted stock units were granted, the average of the high and low sale prices of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

SEC source: 0001144204-17-009396 · v459660_4.xml · nonDerivative · entry 1

BAGAI PAVAN · CIK 0001374134 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 122,794

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001144204-17-009399 · v459663_4.xml · derivative · entry 9

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.001 per share · 1,205 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units of ExlService Holdings, Inc. convert into common stock, par value $0.001 per share on a one-for-one basis.

F9 · derivative.exercise_date: On February 13, 2013, the reporting person was granted 3,612 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 1,203 restricted stock units became vested on February 13, 2015, an additional 1,204 restricted stock units became vested on February 13, 2016, and the remaining balance of 1,205 restricted stock units became vested on February 13, 2017.

F9 · derivative.expiration_date: On February 13, 2013, the reporting person was granted 3,612 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 1,203 restricted stock units became vested on February 13, 2015, an additional 1,204 restricted stock units became vested on February 13, 2016, and the remaining balance of 1,205 restricted stock units became vested on February 13, 2017.

SEC source: 0001144204-17-009399 · v459663_4.xml · derivative · entry 8

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,375

Underlying: Common Stock, par value $0.001 per share · 9,375 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units of ExlService Holdings, Inc. convert into common stock, par value $0.001 per share on a one-for-one basis.

F8 · derivative.exercise_date: On February 13, 2014, the reporting person was granted 37,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 9,375 restricted stock units became vested on February 13, 2015, an additional 9,375 restricted stock units became vested on February 13, 2016, an additional 9,375 restricted stock units became vested on February 13, 2017, and the remaining balance of 9,375 restricted stock units will vest on February 13, 2018.

F8 · derivative.expiration_date: On February 13, 2014, the reporting person was granted 37,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. 9,375 restricted stock units became vested on February 13, 2015, an additional 9,375 restricted stock units became vested on February 13, 2016, an additional 9,375 restricted stock units became vested on February 13, 2017, and the remaining balance of 9,375 restricted stock units will vest on February 13, 2018.

SEC source: 0001144204-17-009399 · v459663_4.xml · nonDerivative · entry 2

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 355,386

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units of ExlService Holdings, Inc. convert into common stock, par value $0.001 per share on a one-for-one basis.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-009399 · v459663_4.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 354,181

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units of ExlService Holdings, Inc. convert into common stock, par value $0.001 per share on a one-for-one basis.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-009398 · v459661_4.xml · derivative · entry 6

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.001 per share · 286 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F4 · derivative.exercise_date: On February 13, 2014, the reporting person was granted 856 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 285 restricted stock units became vested on February 13, 2015, an additional 285 restricted stock units became vested on February 13, 2016, and the remaining balance of 286 restricted stock units became vested vest on February 13, 2017.

F4 · derivative.expiration_date: On February 13, 2014, the reporting person was granted 856 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 285 restricted stock units became vested on February 13, 2015, an additional 285 restricted stock units became vested on February 13, 2016, and the remaining balance of 286 restricted stock units became vested vest on February 13, 2017.

SEC source: 0001144204-17-009398 · v459661_4.xml · derivative · entry 5

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,400

Underlying: Common Stock, par value $0.001 per share · 1,800 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: On February 13, 2014, the reporting person was granted 6,000 restricted stock units, 10 percent of the restricted stock units became vested on February 13, 2015, an additional 20 percent of the restricted stock units became vested on February 13, 2016, an additional 30 percent of the restricted stock units became vested on February 13, 2017, and the remaining balance of 2,400 shares of the restricted stock units will vest on February 13, 2018.

F3 · derivative.expiration_date: On February 13, 2014, the reporting person was granted 6,000 restricted stock units, 10 percent of the restricted stock units became vested on February 13, 2015, an additional 20 percent of the restricted stock units became vested on February 13, 2016, an additional 30 percent of the restricted stock units became vested on February 13, 2017, and the remaining balance of 2,400 shares of the restricted stock units will vest on February 13, 2018.

SEC source: 0001144204-17-009398 · v459661_4.xml · nonDerivative · entry 4

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,221

F2 · price: The reporting person's restricted stock units reported in this report vested on February 13, 2017. Pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such restricted stock units were granted, the average of the high and low sale prices of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

SEC source: 0001144204-17-009398 · v459661_4.xml · nonDerivative · entry 3

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,323

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001144204-17-009398 · v459661_4.xml · nonDerivative · entry 2

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,037

F2 · price: The reporting person's restricted stock units reported in this report vested on February 13, 2017. Pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such restricted stock units were granted, the average of the high and low sale prices of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

SEC source: 0001144204-17-009398 · v459661_4.xml · nonDerivative · entry 1

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,677

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001144204-17-007459 · v459052_4.xml · derivative · entry 3

Chhibbar Vishal · CIK 0001465521 · EVP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.001 per share · 4,800 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: On February 8, 2013, the reporting person was granted 12,000 restricted stock units, 10 percent of the restricted stock units became vested on February 8, 2014; an additional 20 percent of the restricted stock units became vested on February 8, 2015; an additional 30 percent of the restricted stock units became vested on February 8, 2016; and the remaining balance of 4,800 restricted stock units became vested on February 8, 2017.

F3 · derivative.expiration_date: On February 8, 2013, the reporting person was granted 12,000 restricted stock units, 10 percent of the restricted stock units became vested on February 8, 2014; an additional 20 percent of the restricted stock units became vested on February 8, 2015; an additional 30 percent of the restricted stock units became vested on February 8, 2016; and the remaining balance of 4,800 restricted stock units became vested on February 8, 2017.

SEC source: 0001144204-17-007459 · v459052_4.xml · nonDerivative · entry 2

Chhibbar Vishal · CIK 0001465521 · EVP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,882

F2 · price: The reporting person's restricted stock units reported in this report vested on February 8, 2017. Pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such restricted stock units were granted, the average of the high and low sale prices of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

SEC source: 0001144204-17-007459 · v459052_4.xml · nonDerivative · entry 1

Chhibbar Vishal · CIK 0001465521 · EVP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,861

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001144204-17-007461 · v459060_4.xml · derivative · entry 3

de Villa Rembert · CIK 0001430882 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.001 per share · 3,600 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: On February 8, 2013, the reporting person was granted 9,000 restricted stock units. 10 percent of the restricted stock units became vested on February 8, 2014, an additional 20 percent of the restricted stock units became vested on February 8, 2015, an additional 30 percent of the restricted stock units became vested on February 8, 2016, and the remaining balance of 3,600 restricted stock units became vested on February 8, 2017.

F3 · derivative.expiration_date: On February 8, 2013, the reporting person was granted 9,000 restricted stock units. 10 percent of the restricted stock units became vested on February 8, 2014, an additional 20 percent of the restricted stock units became vested on February 8, 2015, an additional 30 percent of the restricted stock units became vested on February 8, 2016, and the remaining balance of 3,600 restricted stock units became vested on February 8, 2017.

SEC source: 0001144204-17-007461 · v459060_4.xml · nonDerivative · entry 2

de Villa Rembert · CIK 0001430882 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,699

F2 · price: The reporting person's restricted stock units reported in this report vested on February 8, 2017. Pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such restricted stock units were granted, the average of the high and low sale prices of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

SEC source: 0001144204-17-007461 · v459060_4.xml · nonDerivative · entry 1

de Villa Rembert · CIK 0001430882 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,183

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001144204-17-007463 · v459065_4.xml · derivative · entry 3

BAGAI PAVAN · CIK 0001374134 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.001 per share · 9,200 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: On February 8, 2013, the reporting person was granted 23,000 restricted stock units. 10 percent of the restricted stock units became vested on February 8, 2014, an additional 20 percent of the restricted stock units became vested on February 8, 2015, an additional 30 percent of the restricted stock units became vested on February 8, 2016, and the remaining balance of 9,200 restricted stock units became vested on February 8, 2017.

F3 · derivative.expiration_date: On February 8, 2013, the reporting person was granted 23,000 restricted stock units. 10 percent of the restricted stock units became vested on February 8, 2014, an additional 20 percent of the restricted stock units became vested on February 8, 2015, an additional 30 percent of the restricted stock units became vested on February 8, 2016, and the remaining balance of 9,200 restricted stock units became vested on February 8, 2017.

SEC source: 0001144204-17-007463 · v459065_4.xml · nonDerivative · entry 2

BAGAI PAVAN · CIK 0001374134 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,344

F2 · price: The reporting person's restricted stock units reported in this report vested on February 8, 2017. Pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such restricted stock units were granted, the average of the high and low sale prices of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

SEC source: 0001144204-17-007463 · v459065_4.xml · nonDerivative · entry 1

BAGAI PAVAN · CIK 0001374134 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 122,614

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001144204-17-007462 · v459062_4.xml · derivative · entry 3

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.001 per share · 3,200 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: On February 8, 2013, the reporting person was granted 8,000 restricted stock units. 10 percent of the restricted stock units became vested on February 8, 2014, an additional 20 percent of the restricted stock units became vested on February 8, 2015, an additional 30 percent of the restricted stock units became vested on February 8, 2016, and the remaining balance of 3,200 restricted stock units became vested on February 8, 2017.

F3 · derivative.expiration_date: On February 8, 2013, the reporting person was granted 8,000 restricted stock units. 10 percent of the restricted stock units became vested on February 8, 2014, an additional 20 percent of the restricted stock units became vested on February 8, 2015, an additional 30 percent of the restricted stock units became vested on February 8, 2016, and the remaining balance of 3,200 restricted stock units became vested on February 8, 2017.

SEC source: 0001144204-17-007462 · v459062_4.xml · nonDerivative · entry 2

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,877

F2 · price: The reporting person's restricted stock units reported in this report vested on February 8, 2017. Pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such restricted stock units were granted, the average of the high and low sale prices of the Common Stock on the Nasdaq Global Select Market on the preceding day is used for purposes of computing tax reporting and withholding.

SEC source: 0001144204-17-007462 · v459062_4.xml · nonDerivative · entry 1

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,015

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001144204-17-007460 · v459057_4.xml · derivative · entry 7

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.001 per share · 18,750 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units of ExlService Holdings, Inc. convert into common stock, par value $0.001 per share on a one-for-one basis.

F8 · derivative.exercise_date: On February 8, 2013, the reporting person was granted 75,000 restricted stock units, vesting in four equal annual installment beginning on the first anniversary of the grant date. 18,750 restricted stock units became vested on February 8, 2014, an additional 18,750 restricted stock units became vested on February 8, 2015, an additional 18,750 restricted stock units became vested on February 8, 2016, and the remaining balance of 18,750 restricted stock units became vested on February 8, 2017.

F8 · derivative.expiration_date: On February 8, 2013, the reporting person was granted 75,000 restricted stock units, vesting in four equal annual installment beginning on the first anniversary of the grant date. 18,750 restricted stock units became vested on February 8, 2014, an additional 18,750 restricted stock units became vested on February 8, 2015, an additional 18,750 restricted stock units became vested on February 8, 2016, and the remaining balance of 18,750 restricted stock units became vested on February 8, 2017.

SEC source: 0001144204-17-007460 · v459057_4.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 344,806

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units of ExlService Holdings, Inc. convert into common stock, par value $0.001 per share on a one-for-one basis.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-006518 · v458606_4.xml · derivative · entry 1

STAGLIN GAREN K · CIK 0001371494 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,639

Underlying: Common Stock, par value $0.001 per share · 2,225 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the end of the reporting person's term on the Board of Directors of ExlService Holdings, Inc. (the "Board") if such 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. 2015 Amendment and Restatement of the 2006 Omnibus Award 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) 180 days following the end of the reporting person's term on the Board.

F2 · derivative.expiration_date: The restricted stock units vest upon the earlier of (i) the first anniversary of the date of grant, (ii) the end of the reporting person's term on the Board of Directors of ExlService Holdings, Inc. (the "Board") if such 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. 2015 Amendment and Restatement of the 2006 Omnibus Award 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) 180 days following the end of the reporting person's term on the Board.

SEC source: 0001144204-17-005461 · v458176_4.xml · nonDerivative · entry 2

Chhibbar Vishal · CIK 0001465521 · EVP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,061

F2 · price: The reporting person's shares of Common Stock reported in this report were deemed earned on January 30, 2017 based on the Compensation Committee of the Board of Directors administering the award certifying the achievement of performance targets applicable to the PRSUs for the performance period ending on December 31, 2016. Pursuant to the agreement governing the grant of the PRSUs and pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such PRSUs were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day, January 27, 2017 in this case, is used for purposes of computing tax reporting and withholding..

SEC source: 0001144204-17-005461 · v458176_4.xml · nonDerivative · entry 1

Chhibbar Vishal · CIK 0001465521 · EVP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,494

F1 · price: The reporting person's shares of common stock, par value $0.001 per share (the "Common Stock") reported in this report were earned pursuant to the performance restricted stock units ("PRSUs") of ExlService Holdings, Inc. (the "Company") granted on February 13, 2014 and voluntarily reported in a Form 4 filed on February 18, 2014.

SEC source: 0001144204-17-005459 · v458174_4.xml · nonDerivative · entry 2

de Villa Rembert · CIK 0001430882 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,583

F2 · price: The reporting person's shares of Common Stock reported in this report were deemed earned on January 30, 2017 based on the Compensation Committee of the Board of Directors administering the award certifying the achievement of performance targets applicable to the PRSUs for the performance period ending on December 31, 2016. Pursuant to the agreement governing the grant of the PRSUs and pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such PRSUs were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day, January 27, 2017 in this case, is used for purposes of computing tax reporting and withholding.

SEC source: 0001144204-17-005459 · v458174_4.xml · nonDerivative · entry 1

de Villa Rembert · CIK 0001430882 · EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,775

F1 · price: The reporting person's shares of common stock, par value $0.001 per share (the "Common Stock") reported in this report were earned pursuant to the performance restricted stock units ("PRSUs") of ExlService Holdings, Inc. (the "Company") granted on February 13, 2014 and voluntarily reported in a Form 4 filed on February 18, 2014.

SEC source: 0001144204-17-005458 · v458173_4.xml · nonDerivative · entry 2

BAGAI PAVAN · CIK 0001374134 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,414

F2 · price: The reporting person's shares of Common Stock reported in this report were deemed earned on January 30, 2017 based on the Compensation Committee of the Board of Directors administering the award certifying the achievement of performance targets applicable to the PRSUs for the performance period ending on December 31, 2016. Pursuant to the agreement governing the grant of the PRSUs and pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such PRSUs were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day, January 27, 2017 in this case, is used for purposes of computing tax reporting and withholding..

SEC source: 0001144204-17-005458 · v458173_4.xml · nonDerivative · entry 1

BAGAI PAVAN · CIK 0001374134 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,559

F1 · price: The reporting person's shares of common stock, par value $0.001 per share (the "Common Stock") reported in this report were earned pursuant to the performance restricted stock units ("PRSUs") of ExlService Holdings, Inc. (the "Company") granted on February 13, 2014 and voluntarily reported in a Form 4 filed on February 18, 2014.

SEC source: 0001144204-17-005460 · v458175_4.xml · nonDerivative · entry 2

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,815

F2 · price: The reporting person's shares of Common Stock reported in this report were deemed earned on January 30, 2017 based on the Compensation Committee of the Board of Directors administering the award certifying the achievement of performance targets applicable to the PRSUs for the performance period ending on December 31, 2016. Pursuant to the agreement governing the grant of the PRSUs and pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such PRSUs were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day, January 27, 2017 in this case, is used for purposes of computing tax reporting and withholding.

SEC source: 0001144204-17-005460 · v458175_4.xml · nonDerivative · entry 1

Bhalla Vikas · CIK 0001373633 · EVP & Head of Outsourcing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,023

F1 · price: The reporting person's shares of common stock, par value $0.001 per share (the "Common Stock") reported in this report were earned pursuant to the performance restricted stock units ("PRSUs") of ExlService Holdings, Inc. (the "Company") granted on February 13, 2014 and voluntarily reported in a Form 4 filed on February 18, 2014.

SEC source: 0001144204-17-005457 · v458172_4.xml · nonDerivative · entry 2

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 326,056

F3 · price: The reporting person's shares of Common Stock reported in this report were deemed earned on January 30, 2017 based on the Compensation Committee of the Board of Directors administering the award certifying the achievement of performance targets applicable to the PRSUs for the performance period ending on December 31, 2016. Pursuant to the agreement governing the grant of the PRSUs and pursuant to the Company's 2006 Omnibus Award Plan, pursuant to which such PRSUs were granted, the closing price of the Common Stock on the Nasdaq Global Select Market on the preceding day, January 27, 2017 in this case, is used for purposes of computing tax reporting and withholding.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-17-005457 · v458172_4.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 352,064

F1 · price: The reporting person's shares of common stock, par value $0.001 per share (the "Common Stock") reported in this report were earned pursuant to the performance restricted stock units ("PRSUs") of ExlService Holdings, Inc. (the "Company") granted on February 13, 2014 and voluntarily reported in a Form 4 filed on February 18, 2014.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-140289 · v455151_4.xml · derivative · entry 1

Srivatsan Nagaraja · CIK 0001692522 · EVP & Chief Growth Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,000

Underlying: Common Stock, par value $0.001 per share · 18,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock upon settlement.

F2 · derivative.exercise_date: The restricted stock units will vest in four equal annual installments, beginning on December 15, 2017. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2015 Amendment and Restatement of the 2006 Omnibus Award Plan (the "Plan")).

F2 · derivative.expiration_date: The restricted stock units will vest in four equal annual installments, beginning on December 15, 2017. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the ExlService Holdings, Inc. 2015 Amendment and Restatement of the 2006 Omnibus Award Plan (the "Plan")).

SEC source: 0001144204-16-138408 · v454548_4.xml · derivative · entry 3

Miglani Nalin Kumar · CIK 0001627017 · EVP & Chief HR Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,000

Underlying: Common Stock, par value $0.001 per share · 4,000 shares

Expires 2024-12-04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F3 · derivative.exercise_date: On December 4, 2014, the reporting person was granted 20,000 restricted stock units, 10 percent of the restricted stock units became vested on December 4, 2015, an additional 20 percent of the restricted stock units became vested on December 4, 2016, an additional 30 percent of the restricted stock units will vest on December 4, 2017, and the remaining balance 40 percent of the restricted stock units will vest on December 4, 2018.

SEC source: 0001144204-16-138408 · v454548_4.xml · nonDerivative · entry 2

Miglani Nalin Kumar · CIK 0001627017 · EVP & Chief HR Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,351

F2 · price: The reporting person's restricted stock units reported in this report vested on December 4, 2016. Pursuant to the Company's 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.

SEC source: 0001144204-16-138408 · v454548_4.xml · nonDerivative · entry 1

Miglani Nalin Kumar · CIK 0001627017 · EVP & Chief HR Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001144204-16-125347 · v449408_4.xml · derivative · entry 8

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Common Stock, par value $0.001 per share · 1,061 shares

Expires 2018-01-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On September 22, 2016 the reporting person exercised previously issued options to purchase an aggregate of 1,061 shares of common stock of ExlService Holdings, Inc.

F10 · derivative.exercise_date: 50,000 of these options were fully vested and exercisable.

SEC source: 0001144204-16-125347 · v449408_4.xml · nonDerivative · entry 2

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 295,685

F3 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F4 · price: This transaction was executed in multiple trades at prices ranging from $50.50 to $50.56 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-125347 · v449408_4.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 296,746

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On September 22, 2016 the reporting person exercised previously issued options to purchase an aggregate of 1,061 shares of common stock of ExlService Holdings, Inc.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-125085 · v449288_4.xml · derivative · entry 8

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,061

Underlying: Common Stock, par value $0.001 per share · 37,803 shares

Expires 2018-01-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On September 21, 2016 the reporting person exercised previously issued options to purchase an aggregate of 37,803 shares of common stock of ExlService Holdings, Inc.

F10 · derivative.exercise_date: 51,061 of these options were fully vested and exercisable.

SEC source: 0001144204-16-125085 · v449288_4.xml · nonDerivative · entry 2

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 295,685

F3 · kind: This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person.

F4 · price: This transaction was executed in multiple trades at prices ranging from $50.50 to $50.88 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

F2 · ownership.direct: Owned by Rohit Kapoor.

SEC source: 0001144204-16-125085 · v449288_4.xml · nonDerivative · entry 1

Kapoor Rohit · CIK 0001373630 · Director · CEO & Vice Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 333,488

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On September 21, 2016 the reporting person exercised previously issued options to purchase an aggregate of 37,803 shares of common stock of ExlService Holdings, Inc.

F2 · ownership.direct: Owned by Rohit Kapoor.