X0306 4 2019-09-03 0 0001620179 Exela Technologies, Inc. XELA 0001712536 Reynolds James C/O EXELA TECHNOLOGIES, INC. 2701 E. GRAUWYLER RD. IRVING TX 75061 1 1 0 0 Chief Financial Officer Common Stock 2019-09-03 4 M 0 74000 0.00 A 74000 D Common Stock 2019-09-03 4 F 0 21164 1.15 D 52836 D Common Stock 247630 I See Footnote Restricted Stock Units 0.00 2019-09-03 4 M 0 74000 0 D Common Stock 74000 0 D Shares withheld as payment of a tax liability on vesting of restricted stock units. Shares are held by SoNino LLC, which Mr. Reynolds controls. Mr. Reynolds through his ownership of SoNino LLC owns 1,019 shares in Ex-Sigma LLC, which is the largest holder of common stock of the Issuer. Because Mr. Reynolds does not have voting or dispositive power over any of the shares of the Issuer held by Ex-Sigma LLC, Mr. Reynolds does not have beneficial ownership under Rule 13d-3 of any of such shares. This report shall not be deemed an admission that Mr. Reynolds is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Restricted stock units vested and converted into shares of Common Stock on 9/3/2019. Jeffrey Gershowitz on behalf of James Reynolds 2019-09-05