Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
The following is an SEC EDGAR document rendered as filed.
Here is the list of insider trading transaction codes

FORM 4
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person *
CHADHA PAR
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 X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
8550 WEST DESERT INN ROAD, SUITE 102-452
3. Date of Earliest Transaction (MM/DD/YY)
07/03/2019
(Street)
LAS VEGAS, NV89117
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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
Common Stock, par value $0.0001 per share ("Common Stock") ( 11 ) 02/21/2020 C 61,900,770 D 9,394,306 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 11 ) 02/21/2020 J( 1 ) 4,823,572 D 4,570,734 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 11 ) 02/21/2020 D 4,570,734 D 0 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 12 ) 02/21/2020 C 755,699 A 962,057 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 13 ) 02/21/2020 C 856,456 A 1,090,328 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 14 ) 02/21/2020 C 604,544 A 769,630 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 15 ) 02/21/2020 C 39,092,389 A 40,342,389 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 1 ) ( 12 ) 02/21/2020 J( 1 ) 452,210 A 1,414,267 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 1 ) ( 13 ) 02/21/2020 J( 1 ) 494,416 A 1,584,744 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 1 ) ( 14 ) 02/21/2020 J( 1 ) 343,679 A 1,113,309 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 3 ) ( 15 ) 02/26/2020 J( 3 ) 39,832,425 D 509,964 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 3 ) ( 12 ) 02/26/2020 J( 3 ) 15,722,102 A 17,136,369 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 3 ) ( 13 ) 02/26/2020 J( 3 ) 12,554,074 A 14,138,818 I See Footnotes ( 4 ) ( 16 )
Common Stock ( 3 ) ( 14 ) 02/26/2020 J( 3 ) 1,768,590 A 2,881,899 I See Footnotes ( 4 ) ( 16 )
Common Stock 78,244 D
Common Stock 46,500 I See Footnotes ( 4 ) ( 16 )
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 ( 15 ) $ 0.31 ( 5 ) 07/03/2019 P 2,000 ( 6 ) ( 6 ) Common Stock 6,068,362 $ 1,000 2,000 I See Footnotes ( 4 ) ( 16 )
Exchangeable Preferred Interests ( 15 ) $ 0.31 ( 5 ) 12/24/2019 P 18,470.14 ( 6 ) ( 6 ) Common Stock 56,041,749 $ 1,000 20,470.14 I See Footnotes ( 4 ) ( 16 )
Exchangeable Preferred Interests ( 12 ) $ 0.31 ( 5 ) 02/21/2020 C 249.06 ( 6 ) ( 6 ) Common Stock 755,699 ( 2 ) 146.65 I See Footnotes ( 4 ) ( 16 )
Exchangeable Preferred Interests ( 13 ) $ 0.31 ( 5 ) 02/21/2020 C 199.24 ( 6 ) ( 6 ) Common Stock 856,456 ( 2 ) 117.32 I See Footnotes ( 4 ) ( 16 )
Exchangeable Preferred Interests ( 14 ) $ 0.31 ( 5 ) 02/21/2020 C 282.27 ( 6 ) ( 6 ) Common Stock 604,544 ( 2 ) 166.2 I See Footnotes ( 4 ) ( 16 )
Exchangeable Preferred Interests ( 15 ) $ 0.31 ( 5 ) 02/21/2020 C 12,884 ( 6 ) ( 6 ) Common Stock 39,092,389 ( 2 ) 7,586 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 15 ) $ 1.2226 02/21/2020 J( 1 ) 273,475 ( 7 ) ( 7 ) Common Stock 334,351 ( 1 ) 2,395,758 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 11 ) $ 1.2226 02/21/2020 C 2,395,758 ( 7 ) ( 7 ) Common Stock 2,929,054 ( 2 ) 0 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 12 ) $ 1.2226 02/21/2020 J( 1 ) 25,638 ( 7 ) ( 7 ) Common Stock 31,345 ( 1 ) 25,638 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 13 ) $ 1.2226 02/21/2020 J( 1 ) 28,031 ( 7 ) ( 7 ) Common Stock 34,271 ( 1 ) 28,031 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 14 ) $ 1.2226 02/21/2020 J( 1 ) 19,485 ( 7 ) ( 7 ) Common Stock 23,822 ( 1 ) 19,485 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 12 ) $ 1.2226 02/21/2020 C 29,248 ( 7 ) ( 7 ) Common Stock 35,759 ( 2 ) 54,886 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 13 ) $ 1.2226 02/21/2020 C 33,149 ( 7 ) ( 7 ) Common Stock 40,528 ( 2 ) 61,180 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 14 ) $ 1.2226 02/21/2020 C 23,398 ( 7 ) ( 7 ) Common Stock 28,606 ( 2 ) 42,883 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 15 ) $ 1.2226 02/21/2020 C 1,513,000 ( 7 ) ( 7 ) Common Stock 1,849,794 ( 2 ) 1,513,000 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 15 ) $ 1.2226 02/26/2020 J( 7 ) 1,493,638 ( 7 ) ( 7 ) Common Stock 1,826,121 ( 3 ) 19,362 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 13 ) $ 1.2226 02/26/2020 J( 7 ) 1,164,872 ( 7 ) ( 7 ) Common Stock 1,424,173 ( 3 ) 1,226,052 I See Footnotes ( 4 ) ( 16 )
Series A Convertible Preferred Stock ( 14 ) $ 1.2226 02/26/2020 J( 7 ) 69,714 ( 7 ) ( 7 ) Common Stock 85,232 ( 3 ) 112,597 I See Footnotes ( 4 ) ( 16 )
Restricted Stock Units ( 8 ) ( 9 ) ( 8 ) ( 8 ) Common Stock 12,324 12,324 D
Restricted Stock Units ( 10 ) ( 9 ) ( 10 ) ( 10 ) Common Stock 59,574 59,574 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CHADHA PAR
8550 WEST DESERT INN ROAD, SUITE 102-452
LAS VEGAS, NV89117
X X
HOV Capital III LLC
8550 WEST DESERT INN ROAD, SUITE 102-452
LAS VEGAS, NV89117
X X
Adesi 234 LLC
8550 WEST DESERT INN ROAD, SUITE 102-452
LAS VEGAS, NV89117
X X
hof 2 llc
8550 WEST DESERT INN ROAD, SUITE 102-452
LAS VEGAS, NV89117
X X
HOVS LLC
8550 WEST DESERT INN ROAD, SUITE 102-452
LAS VEGAS, NV89117
X X
HOV Services Ltd
8550 WEST DESERT INN ROAD, SUITE 102-452
LAS VEGAS, NV89117
X X
HandsOn Fund 4 I, LLC
8550 WEST DESERT INN ROAD, SUITE 102-452
LAS VEGAS, NV89117
X X
HandsOn Global Management, LLC
8550 WEST DESERT INN ROAD, SUITE 102-452
LAS VEGAS, NV89117
X X
HandsOn 3, LLC
8550 WEST DESERT INN ROAD, SUITE 102-452
LAS VEGAS, NV89117
X X
Signatures
/s/ Par Chadha 02/25/2020
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )See Exhibit 99.1
( 2 )See Exhibit 99.1
( 3 )See Exhibit 99.1
( 4 )See Exhibit 99.1
( 5 )See Exhibit 99.1
( 6 )See Exhibit 99.1
( 7 )See Exhibit 99.1
( 8 )See Exhibit 99.1
( 9 )See Exhibit 99.1
( 10 )See Exhibit 99.1
( 11 )Shares directly owned by Ex-Sigma
( 12 )Shares directly owned by HOVS
( 13 )Shares directly owned by HOF 2
( 14 )Shares directly owned by Adesi
( 15 )Shares directly owned by HGM.
( 16 )Following the transactions reported on this Form 4, HOVS directly owns 17,136,369 shares of Common Stock and 54,886 shares of Preferred Stock. HOF 2 directly owns 14,138,818 shares of Common Stock and 1,226,051 shares of Preferred Stock. Adesi directly owns 2,881,899 shares of Common Stock and 112,597 shares of Preferred Stock. HOF 3 directly owns 46,500 shares of Common Stock. HGM directly owns 509,964 shares of common stock and 19,362 shares of Preferred Stock

Remarks:
Exhibit List: Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filers' Names and Addresses Exhibit 99.3 - Joint Filers' Signatures

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.