SEC Form 4 · accession 0001140361-18-017221
Exela Technologies, Inc. · XELA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gordon Coburn
Director
Period of report
Apr 2, 2018
Accepted (ET)
Apr 4, 2018 · 7:24 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Resticted Stock UnitF1,F2 | — | Apr 2, 2018 | A | 27,726 | A | — | — | Common Stock | 27,726 | 27,726 | D |
| Resticted Stock UnitF3,F2 | — | Apr 2, 2018 | A | 20,332 | A | — | — | Common Stock | 20,332 | 48,058 | D |
Explanation of responses
- F1Non-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 three equal installments immediately prior to each of the 2018, 2019 and 2020 annual meetings of the stockholders of Exela Technologies, Inc.
- F2Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
- F3Non-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 2018 annual meetings of the stockholders of Exela Technologies, Inc.