| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | XELA | Common Stock, par value $0.0001 per share (''Common Stock'') | Award | $100K | +62.5K | $1.60 | 62.5K | Nov 9, 2021 | Direct | F10, F11 | |
| holding | XELA | Common Stock | 4.01M | Nov 9, 2021 | See Footnote | F1, F2, F4, F5, F10 | |||||
| holding | XELA | Common Stock | 50K | Nov 9, 2021 | See Footnote | F3, F4, F10 | |||||
| holding | XELA | Common Stock | 104K | Nov 9, 2021 | See Footnote | F1, F2, F4, F6, F10 | |||||
| holding | XELA | Common Stock | 5.71M | Nov 9, 2021 | See Footnote | F1, F2, F4, F7, F10 | |||||
| holding | XELA | Common Stock | 961K | Nov 9, 2021 | See Footnote | F1, F2, F4, F8, F10 | |||||
| holding | XELA | Common Stock | 15.5K | Nov 9, 2021 | See Footnote | F1, F2, F4, F9, F10 |
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | Mr. Par Chadha, Sharon Chadha's spouse, 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. |
| F3 | Shares owned directly by Par Chadha, Sharon Chadha's spouse. |
| F4 | Sharon Chadha may be deemed to beneficially own shares of the Issuer owned by Par Chadha, her spouse, and entities owned or controlled by Par and/or Sharon Chadha. The Reporting Person disclaims beneficial ownership of any shares of the Issuer owned by such other Persons, except to the extent of her pecuniary interest therein. |
| F5 | Shares directly owned by HOF 2 and indirectly by Par Chadha, Sharon Chadha's spouse. |
| F6 | Shares directly owned by HGM and indirectly by Par Chadha, Sharon Chadha's spouse. |
| F7 | Shares directly owned by HOVS and indirectly by Par Chadha, Sharon Chadha's spouse. |
| F8 | Shares directly owned by Adesi and indirectly by Par Chadha, Sharon Chadha's spouse. |
| F9 | Shares directly owned by HOF 3 and indirectly by Par Chadha, Sharon Chadha's spouse. |
| F10 | The number of shares reported in this Form 4 account for the one-for-three Reverse Stock Split effected by the Issuer on January 25, 2021. |
| F11 | OnNovember 9, pursuant to the Subscription Agreement by and between Sharon Chadha and Exela Technologies, Inc., Mrs. Sharon Chadha purchased 62,500 shares of Common Stock for an aggregate purchase price of $100,000. The amount of purchased shares was calculated based on the share price at the close of business on November 9, 2021. |