SEC Form 4 · accession 0000899243-17-023950
Exela Technologies, Inc. · XELA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nathaniel Lipman
Director
Period of report
Oct 6, 2017
Accepted (ET)
Oct 10, 2017 · 4:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001620179
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 6, 2017 | J | 30,754 | — | A | 30,754 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 6, 2017, Novitex Parent, L.P. ("Parent") distributed 27,678,386 shares of common stock, par value $0.0001, of Exela Technologies, Inc. (the "Issuer") to Apollo Novitex Holdings, L.P., which is a limited partner and unitholder of Parent, and distributed an aggregate of 2,921,614 shares of common stock of the Issuer that it held to certain management personnel, including Nathaniel J. Lipman, and other minority interest holders in Parent. Mr. Lipman, a director of the Issuer, received 30,754 shares of common stock of the Issuer in the distribution.