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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1620179	Exela Technologies Inc.	XELA	Services-Business Services, Nec (7389)	471347291

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1712421	Clark Ronald Cogburn	712 Bandit Trail Keller TX 76248	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.0001 Per Share (''Common Stock'')	Acquisiton	2019-06-25	13,757	$1.65	13,757	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Exchangeable Preferred Interests	Acquisiton	2019-06-25	26	$1.65	15,988	$1.65

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
15,988			No	4	P	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Stock Unit	$0.00			74,000	74,000	Direct
Common Stock	Stock Option (right to buy)	$5.98		2028-08-31	111,000	111,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	74,000	74,000	Direct
2028-08-31	111,000	111,000	Direct

Footnotes

Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
This award will vest in full on August 31, 2019.
Forty percent of the options will vest and become exercisable on August 31, 2020 and the remainder will vest and become exercisable on August 31, 2022. Mr. Cogburn owns 110 units of Ex-Sigma LLC which is the largest holder of Exela Technologies, Inc. (the "Issuer") stock. Because Mr. Cogburn does not have voting or dispositive power over any of the shares of the Issuer held by Ex-Sigma LLC, Mr. Cogburn does not have beneficial ownership under Rule 13d-3 of any such shares. This report shall not be deemed an admission that Mr. Cogburn 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.
The Exchangeable Preferred Interests are equity interests in Ex-Sigma LLC, that, subject to certain terms and conditions, are exchangeable into the shares of Common Stock. The Exchangeable Preferred Interests are exchangeable into a number of shares of Common Stock equal to the purchase price of such interests, divided by the lesser of (a) $1.65 and (b) the 5-day volume weighted average price per share for the 5-days preceding the date of such exchange.