SEC Form 4 · accession 0001094891-15-000045
Exela Technologies, Inc. · XELA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Jeffry N Quinn
Officer — Chairman · Director · 10% Owner
Quinpario Partners 2, LLC
10% Owner
Period of report
Jan 22, 2015
Accepted (ET)
Jan 27, 2015 · 12:55 pm EST
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,F2 | Jan 22, 2015 | J | 1,312,500 | — | D | 8,450,000 | I | By Quinpario Partners 2, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11,312,500 shares were forfeited to the Issuer at no cost in connection with the underwriters election not to exercise the over-allotment option, as described in the Issuer's registration statement on Form S-1.
- F2Mr. Quinn is the sole managing member of Quinpario Partners LLC, the managing member of Quinpario Partners 2, LLC, and as such, controls the voting and disposition of such shares. Mr. Quinn disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Quinn is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.