Reynolds James 4
4 · Exela Technologies, Inc. · Filed Sep 5, 2019
Insider Transaction Report
Form 4
Reynolds James
DirectorChief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-09-03−74,000→ 0 totalExercise: $0.00→ Common Stock (74,000 underlying) - Tax Payment
Common Stock
2019-09-03$1.15/sh−21,164$24,339→ 52,836 total - Exercise/Conversion
Common Stock
2019-09-03+74,000→ 74,000 total
Holdings
- 247,630(indirect: See Footnote)
Common Stock
Footnotes (3)
- [F1]Shares withheld as payment of a tax liability on vesting of restricted stock units.
- [F2]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.
- [F3]Restricted stock units vested and converted into shares of Common Stock on 9/3/2019.