0001104659-22-075921.txt : 20220629
0001104659-22-075921.hdr.sgml : 20220629
20220629205545
ACCESSION NUMBER: 0001104659-22-075921
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220627
FILED AS OF DATE: 20220629
DATE AS OF CHANGE: 20220629
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CHADHA PAR
CENTRAL INDEX KEY: 0000938202
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36788
FILM NUMBER: 221056241
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chadha Sharon
CENTRAL INDEX KEY: 0001885887
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36788
FILM NUMBER: 221056240
MAIL ADDRESS:
STREET 1: 3003 PENNSYLVANIA AVENUE
CITY: SANTA MONICA
STATE: CA
ZIP: 90404
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Exela Technologies, Inc.
CENTRAL INDEX KEY: 0001620179
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 471347291
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2701 EAST GRAUWYLER RD.
CITY: IRVING
STATE: TX
ZIP: 75061
BUSINESS PHONE: 844-935-2832
MAIL ADDRESS:
STREET 1: 2701 EAST GRAUWYLER RD.
CITY: IRVING
STATE: TX
ZIP: 75061
FORMER COMPANY:
FORMER CONFORMED NAME: Quinpario Acquisition Corp. 2
DATE OF NAME CHANGE: 20140922
4
1
tm2220064-1_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-06-27
0
0001620179
Exela Technologies, Inc.
XELA
0000938202
CHADHA PAR
C/O EXELA TECHNOLOGIES, INC.
2701 E. GRAUWLER RD.
IRVING
TX
75061
1
1
0
0
Executive Chairman
0001885887
Chadha Sharon
3003 PENNSYLVANIA AVENUE
SANTA MONICA
CA
90404
1
0
0
0
Common Stock, par value $0.0001 per share (''Common Stock'')
17
D
Common Stock
19
I
See Footnote
Common Stock
2022-06-27
4
M
0
30303
0
A
30306
I
See Footnote
Common Stock
3
I
See Footnote
Common Stock
3
I
See Footnote
Common Stock
13
I
See Footnote
Restricted Stock Units
Common Stock
27740
27740
I
See Footnote
Restricted Stock Units
Common Stock
159091
159091
D
Restricted Stock Units
2022-06-27
4
M
0
30303
D
Common Stock
30303
30303
I
See Footnote
On October 11, 2021, Sharon Chadha was granted 90,909 restricted stock as non-employee director equity compensation pursuant to the terms and
conditions of the Company's Director Compensation Policy and 2018 Stock Incentive Plan. The remainder of this award will vest immediately prior to the
2023 annual meeting of the Company.
Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock, which may be settled in shares of Common Stock
or cash, as elected by the Compensation Committee of the Board of Directors of the Company.
HOVS LLC, a Delaware limited liability company ("HOVS"), HandsOn Fund 4 I, LLC, a Nevada limited liability company ("HOF 4"), and HOV Capital III, LLC, a
Nevada limited liability company ("HOV 3") each directly own shares of Exela Technologies, Inc. (the "Issuer"). HOVS is a wholly-owned subsidiary of HOV Services Ltd., an Indian limited company ("HOV Services" and together with HandsOn Global Management, LLC, a Delaware limited liability company ("HGM"), HOVS, HOF 2 LLC, a Nevada limited liability company ("HOF 2"), HOF 4, HOV 3, and Adesi 234 LLC, a Nevada limited liability company ("Adesi"), the "HGM Group")). Adesi and HOF 2 LLC together own a majority of HOF 4. Adesi and HOF 2, own a majority of the equity interests of HOV 3.
Mr. Par Chadha, may be deemed to control HandsOn 3, LLC, a Nevada limited liability company ("HOF 3") and the HGM Group. The parties identified above and HGM may be deemed to beneficially own any shares of the Issuer owned by the entities in which they are beneficial owners. Each member of the HGM Group disclaims beneficial ownership of any shares of the Issuer owned by any other member of the HGM Group, except to the extent of its pecuniary interest therein. Solely for purposes of Section 16 of the Exchange Act, the HGM Group may be deemed to be directors-by-deputization by virtue of the HGM Group's contractual right to designate directors to the board of directors of the Issuer. For purposes of the exemption under Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended.
Shares owned directly by Sharon Chadha, Par Chadha's spouse.
The Reporting Person disclaims beneficial ownership of any shares of the Issuer owned by such other Persons, except to the extent of his or her pecuniary interest therein.
Shares directly owned by HOF 2.
Shares directly owned by HGM.
Shares directly owned by HOVS.
Shares directly owned by Adesi.
On December 31, 2021, following the Company's 2021 annual meeting of stockholders, Sharon Chadha was granted 27,740 restricted stock units as non-employee director equity compensation for 2021 pursuant to the terms and conditions of the Company's Director Compensation Policy and 2018 Stock Incentive Plan. The restricted stock units vested on January 3, 2022, the first business day of 2022.
On December 31, 2021, following the Company's 2021 annual meeting of stockholders, Par Chadha was granted 159,091 restricted stock units as equity compensation for 2021 pursuant to the terms and conditions of the Company's Director Compensation Policy and 2018 Stock Incentive Plan. The restricted stock units vested on January 3, 2022, the first business day of 2022.
/s/ Par Chadha
2022-06-29
/s/ Sharon Chadha
2022-06-29