Shrikant Sortur - Feb 19, 2022 Form 4 Insider Report for Exela Technologies, Inc. (XELA)

Signature
/s/ Shrikant Sortur
Stock symbol
XELA
Transactions as of
Feb 19, 2022
Transactions value $
-$8,034
Form type
4
Date filed
3/8/2022, 04:38 PM
Previous filing
Dec 13, 2021
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XELA Common Stock, par value $0.0001 per share Options Exercise $0 +30K +39.45% $0.00 106K Mar 3, 2022 Direct
transaction XELA Common Stock Tax liability -$8.03K -10.2K -9.59% $0.79* 95.9K Mar 3, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XELA Restricted Stock Units Options Exercise $0 -30K -100% $0.00* 0 Feb 19, 2022 Common Stock 30K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld as payment of a tax liability on vesting of restricted stock units based on vesting date price.
F2 Restricted Stock Unites vested and converted into shares of Common Stock 3/3/2022.