BEILINSON MARC A 4
4 · Exela Technologies, Inc. · Filed Jan 4, 2022
Insider Transaction Report
Form 4
BEILINSON MARC A
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2022-01-03+125,000→ 225,000 total - Award
Restricted Stock Units
2021-12-31+125,000→ 125,000 total→ Common Stock (125,000 underlying) - Exercise/Conversion
Restricted Stock Units
2022-01-03−125,000→ 0 total→ Common Stock (125,000 underlying)
Footnotes (3)
- [F1]Shares of Common Stock issued upon vesting of restricted stock units will be settled following filing by Exela Technologies Inc. of a Registration Statement on Form S-8 with respect thereto.
- [F2]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.
- [F3]On December 31, 2021, following the Company's 2021 annual meeting of stockholders, the reporting person was granted 125,000 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.