Sec Form 4 Filing - CHADHA PAR @ Exela Technologies, Inc. - 2022-06-27

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

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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 _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Executive Chairman (Last) (First) (Middle) C/O EXELA TECHNOLOGIES, INC., 2701 E. GRAUWLER RD. 3. Date of Earliest Transaction (MM/DD/YY) 06/27/2022 (Street) IRVING, TX75061 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'') 17 D Common Stock( 7 ) 19 I See Footnote( 3 )( 4 )( 6 )( 7 ) Common Stock( 5 ) 06/27/2022 M 30,303 A $ 0 30,306 I See Footnote( 5 )( 6 ) Common Stock( 8 ) 3 I See Footnote( 3 )( 4 )( 6 )( 8 ) Common Stock( 9 ) 3 I See Footnote( 3 )( 4 )( 6 )( 9 ) Common Stock( 10 ) 13 I See Footnote( 3 )( 4 )( 6 )( 10 )

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 Restricted Stock Units ( 2 ) ( 11 ) ( 11 ) Common Stock 27,740 27,740 I See Footnote( 5 )( 6 ) Restricted Stock Units ( 2 ) ( 12 ) ( 12 ) Common Stock 159,091 159,091 D Restricted Stock Units ( 2 ) 06/27/2022 M 30,303 ( 1 ) ( 1 ) Common Stock 30,303 ( 2 ) 30,303 I See Footnote( 5 )( 6 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other CHADHA PAR C/O EXELA TECHNOLOGIES, INC. 2701 E. GRAUWLER RD. IRVING, TX75061 X Executive Chairman Chadha Sharon 3003 PENNSYLVANIA AVENUE SANTA MONICA, CA90404 X Signatures /s/ Par Chadha 06/29/2022 Signature of Reporting Person Date /s/ Sharon Chadha 06/29/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On October 11, 2021, Sharon Chadha was granted 90,909 restricted stock as non-employee director equity compensation pursuant to the terms andconditions of the Company's Director Compensation Policy and 2018 Stock Incentive Plan. The remainder of this award will vest immediately prior to the2023 annual meeting of the Company. ( 2 )Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock, which may be settled in shares of Common Stockor cash, as elected by the Compensation Committee of the Board of Directors of the Company. ( 3 )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, aNevada 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. ( 4 )Mr. Par Chadha, 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. ( 5 )Shares owned directly by Sharon Chadha, Par Chadha's spouse. ( 6 )The Reporting Person disclaims beneficial ownership of any shares of the Issuer owned by such other Persons, except to the extent of his or her pecuniary interest therein. ( 7 )Shares directly owned by HOF 2. ( 8 )Shares directly owned by HGM. ( 9 )Shares directly owned by HOVS. ( 10 )Shares directly owned by Adesi. ( 11 )On December 31, 2021, following the Company's 2021 annual meeting of stockholders, Sharon Chadha was granted 27,740 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. ( 12 )On December 31, 2021, following the Company's 2021 annual meeting of stockholders, Par Chadha was granted 159,091 restricted stock units as 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.

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