4//SEC Filing
Akins Martin P. 4
Accession 0001104659-22-001182
CIK 0001620179other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:40 PM ET
Size
13.9 KB
Accession
0001104659-22-001182
Insider Transaction Report
Form 4
Akins Martin P.
Director
Transactions
- 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) - Exercise/Conversion
Common Stock
2022-01-03+125,000→ 227,384 total - Exercise/Conversion
Common Stock, par value $0.0001 per share
2021-12-31+13,227→ 102,384 total - Exercise/Conversion
Restricted Stock Units
2021-12-31−13,227→ 13,227 total→ Common Stock (13,227 underlying)
Footnotes (4)
- [F1]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.
- [F2]On August 13, 2019, the reporting person was granted 119,047 restricted stock units (before taking into account the one-for-three Reverse Stock Split effected by the Company on January 25, 2021) 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 2022 annual meeting of the Company.
- [F3]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.
- [F4]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.
Documents
Issuer
Exela Technologies, Inc.
CIK 0001620179
Entity typeother
Related Parties
1- filerCIK 0001655236
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 9:40 PM ET
- Size
- 13.9 KB