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Chadha Par's Form 4 filing

Exela Technologies, Inc. (XELA) · filed Sep 16, 2021

Accession no.
0001104659-21-116441
Filed
Sep 16, 2021, 5:10 PM ET
Trade date
Sep 14-15, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 1 non-derivative transaction and 1 derivative transaction. Open-market sales total $206.0K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Chadha ParCIK 0000938202Director, Officer (Chairman), 10% Owner
Adesi 234 LLCCIK 0001712365Director, 10% Owner
HandsOn Fund 4 I, LLCCIK 0001712411Director, 10% Owner
HandsOn Global Management, LLCCIK 0001712472Director, 10% Owner
hof 2 llcCIK 0001712473Director, 10% Owner
HOV Capital III LLCCIK 0001712480Director, 10% Owner
HOV Services LtdCIK 0001712482Director, 10% Owner
Hovs LLCCIK 0001712484Director, 10% Owner
HandsOn 3, LLCCIK 0001741367Director, 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Sep 15, 2021Common Stock, par value $0.0001 per share (''Common Stock'')SSaleDisposed−100,000$2.06F3−$206,0004,112,939Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Sep 14, 2021Common StockAGrant or awardAcquired+8,500,000–F10–8,500,000Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F3

On September 15, 2021, pursuant to a plan of disposition adopted by HOF 2 on March 26, 2021, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), HOF 2 sold 100,000 shares. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.

Referenced by the price of 1 transaction in Table I.

F10

Represents the economic equivalent of one share of Company common stock, which shall be settled in cash to Par Chadha; provided, that, following approval by the Company's shareholders of an increase to the number of shares authorized for issuance under the Company's stock incentive plan, the Performance Units may be settled in cash or in Common Stock.

Referenced by the price of 1 transaction in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)