DiSanto Mark 4
4 · XCel Brands, Inc. · Filed Apr 4, 2024
Insider Transaction Report
Form 4
DiSanto Mark
Director
Transactions
- Award
Common Stock
2024-04-03+10,000→ 46,500 total - Award
Stock Option
2024-04-03+25,000→ 25,000 totalExercise: $0.85Exp: 2029-04-03→ Common Stock (25,000 underlying)
Holdings
- 82,392(indirect: See Footnote)
Common Stock
- 1,296,352(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]Represents shares of restricted stock awarded pursuant to a restated stock agreement, which vests as to 50% of the shares on each of April 3, 2025 and April 3, 2026, provided that the reporting person may extend the vesting date as to all or a portion of the shares, one or more times, in six month increments, at his sole discretion.
- [F2]Represents shares held by The Mark X DiSanto Investment Trust, of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.
- [F3]The number of shares held prior to the transaction were inadvertently overstated in previous filings and is corrected in this filing.
- [F4]Represents shares held by other trusts, of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.
- [F5]The options vest as to 50% of the shares on each of April 3, 2025 and April 3, 2026.