SEC Form 4 · accession 0001104659-18-052462
Exela Technologies, Inc. · XELA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nathaniel Lipman
Director
Period of report
Aug 14, 2018
Accepted (ET)
Aug 16, 2018 · 4:21 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 | Aug 14, 2018 | M | 29,574 | — | A | 70,328 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Aug 14, 2018 | M | 9,242 | D | — | — | Common Stock | 9,242 | 38,816 | D |
| Restricted Stock UnitsF1,F3 | — | Aug 14, 2018 | M | 20,332 | D | — | — | Common Stock | 20,332 | 18,484 | D |
| Restricted Stock UnitsF1,F4 | — | Aug 14, 2018 | A | 21,782 | A | — | — | Common Stock | 21,782 | 40,266 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
- F2On April 2, 2018, the reporting person was granted 27,726 restricted stock units pursuant to the terms and conditions of the Director Compensation Policy and 2018 Stock Incentive Plan. The remainder of this award will vest in equal installments prior to each of the 2019 and 2020 annual meetings of the stockholders of Exela Technologies, Inc.
- F3On April 2, 2018, the reporting person was granted 20,332 restricted stock units pursuant to the terms and conditions of the Director Compensation Policy and 2018 Stock Incentive Plan. This award vested in full and such vested restricted stock units settled for shares of Common Stock.
- F4Non-employee director equity compensation pursuant to the terms and conditions of the Director Compensation Policy and 2018 Stock Incentive Plan. This award will vest in full immediately prior to the 2019 annual meeting of the stockholders of Exela Technologies, Inc.