FORM 4
[ X ] 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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sundaram Suresh 		2. Issuer Name and Ticker or Trading Symbol

EXA CORP [ EXA ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
SVP Products and Marketing
(Last)          (First)          (Middle)

C/O EXA CORPORATION, 55 NETWORK DRIVE 		3. Date of Earliest Transaction (MM/DD/YYYY)

11/17/2017
(Street)

BURLINGTON, MA 01803
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   11/17/2017     D    8204   D $24.25   (1) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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) 11/17/2017     D         17500      (3)   (3) Common Stock   17500     (3) 0   D    
Stock Option (Right to Buy)   $14.54   11/17/2017     D         75000      (4)   (4) Common Stock   75000   $9.71   (4) 0   D    

Explanation of Responses:
(1)  Disposed of upon the effectiveness of the merger of 3DS Acquisition 3 Corp., Inc. ("3DS"), a wholly owned subsidiary of Dassault Systemes Simulia Corp. ("Dassault"), with and into the Issuer on November 17, 2017 pursuant to a merger agreement dated September 27, 2017 among Dassault, 3DS and the Issuer (the "Merger").
(2)  Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.
(3)  Upon the effectiveness of the Merger, the restricted stock units became fully vested and were canceled in exchange for a cash payment of $424,375.00 (representing a price of $24.25 per restricted stock unit).
(4)  Upon the effectiveness of the Merger, the option was canceled in exchange for a cash payment of $728,250.00 (representing the difference between the merger consideration of $24.25 per share and the per share exercise price of the option multiplied by the number of shares subject to the option).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Sundaram Suresh
C/O EXA CORPORATION, 55 NETWORK DRIVE
BURLINGTON, MA 01803

SVP Products and Marketing

Signatures
/s/ Daniel S. Clevenger, Attorney-in-Fact for Suresh Sundaram 11/17/2017
** Signature of Reporting Person Date


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 control number.
Exa Corp. (MM) (NASDAQ:EXA)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Exa Corp. (MM) Charts.
Exa Corp. (MM) (NASDAQ:EXA)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Exa Corp. (MM) Charts.