Sec Form 4/A Filing - Reynolds James @ Exela Technologies, Inc. - 2019-06-25

FORM 4/A Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Reynolds James 2. Issuer Name and Ticker or Trading Symbol Exela Technologies, Inc. [ XELA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief FInancial Officer (Last) (First) (Middle) 29 WARNER RD. 3. Date of Earliest Transaction (MM/DD/YY) 06/25/2019 (Street) GROSSE POINTE FARMS, MI48236 4. If Amendment, Date Original Filed (MM/DD/YY) 06/27/2019 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Exchangeable Preferred Interests $ 1.65 ( 1 ) 06/25/2019 P 474.85 ( 1 ) ( 1 ) Common Stock 287,787 $ 1.65 ( 1 ) 474.85 ( 1 ) I See Footnote ( 2 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Reynolds James 29 WARNER RD. GROSSE POINTE FARMS, MI48236 X Chief FInancial Officer Signatures By: /s/ James Reynolds 02/25/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The Exchangeable Preferred Interests are equity interests in Ex-Sigma LLC ("Ex-Sigma"), which is the largest holder of Exela Technologies, Inc. (the "Issuer") stock, 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. ( 2 )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. Because Mr. Reynolds does not have voting or dispositive power over any of the shares of the Issuer held by Ex-Sigma, Mr. Reynolds does not have beneficial ownership under Rule 13d-3 of any 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.

Remarks: This amendment is filed to correct the number of Exchangeable Preferred Interests acquired and held by Mr. Reynolds.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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