SEC Form 4 · accession 0001104659-18-055406
Exela Technologies, Inc. · XELA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark D. Fairchild
Officer — Pres., Exela Enterprise Sol.
Period of report
Aug 31, 2018
Accepted (ET)
Sep 5, 2018 · 6:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001620179
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Aug 31, 2018 | A | 36,400 | A | — | — | Common Stock | 36,400 | 36,400 | D |
| Stock Option (right to buy)F3 | $5.98 | Aug 31, 2018 | A | 54,600 | A | — | Aug 31, 2028 | Common Stock | 54,600 | 54,600 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
- F2This award will vest in full on August 31, 2019.
- F3Forty percent of the options will vest and become exercisable on August 31, 2020 and the remainder will vest and become exercisable on August 31, 2022.