Sharon Chadha - 11 Oct 2021 Form 4 Insider Report for Exela Technologies, Inc. (XELA)

Signature
/s/ Sharon Chadha
Issuer symbol
XELA
Transactions as of
11 Oct 2021
Transactions value $
$0
Form type
4
Date filed
13 Oct 2021, 21:36
Next filing
10 Nov 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XELA Restricted Stock Unit Award +90.9K 90.9K 11 Oct 2021 Common Stock 90.9K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units will vest ratably over a three-year period immediately prior to the first, second and third Annual Meetings subsequent to October 11, 2021.
F2 Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.