4//SEC Filing
XCel Brands, Inc. 4
Accession 0001140361-13-026898
$XELBCIK 0001083220operating
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 5:15 PM ET
Size
15.9 KB
Accession
0001140361-13-026898
Insider Transaction Report
Form 4
TRAFELET & CO ADVISORS LLC
10% Owner
Transactions
- Purchase
Common Stock, $0.001 par value
2013-06-27$3.19/sh+167,100$533,049→ 1,809,525 total(indirect: See Footnotes) - Sale
Common Stock, $0.001 par value
2013-06-27$3.19/sh−167,100$533,049→ 1,809,525 total(indirect: See Footnotes)
TRAFELET & CO LLC
10% Owner
Transactions
- Purchase
Common Stock, $0.001 par value
2013-06-27$3.19/sh+167,100$533,049→ 1,809,525 total(indirect: See Footnotes) - Sale
Common Stock, $0.001 par value
2013-06-27$3.19/sh−167,100$533,049→ 1,809,525 total(indirect: See Footnotes)
TRAFELET CAPITAL MANAGEMENT, L.P.
10% Owner
Transactions
- Purchase
Common Stock, $0.001 par value
2013-06-27$3.19/sh+167,100$533,049→ 1,809,525 total(indirect: See Footnotes) - Sale
Common Stock, $0.001 par value
2013-06-27$3.19/sh−167,100$533,049→ 1,809,525 total(indirect: See Footnotes)
TRAFELET REMY W
10% Owner
Transactions
- Purchase
Common Stock, $0.001 par value
2013-06-27$3.19/sh+167,100$533,049→ 1,809,525 total(indirect: See Footnotes) - Sale
Common Stock, $0.001 par value
2013-06-27$3.19/sh−167,100$533,049→ 1,809,525 total(indirect: See Footnotes)
Delta Institutional, LP
10% Owner
Transactions
- Sale
Common Stock, $0.001 par value
2013-06-27$3.19/sh−167,100$533,049→ 1,809,525 total(indirect: See Footnotes) - Purchase
Common Stock, $0.001 par value
2013-06-27$3.19/sh+167,100$533,049→ 1,809,525 total(indirect: See Footnotes)
Footnotes (4)
- [F1]This Form 4 is being filed on behalf of: (i) Delta Institutional, LP (the "Fund"); (ii) Trafelet & Company Advisors, LLC ("TCA"); (iii) Trafelet Capital Management, L.P. ("TCM"); (iv) Trafelet & Company, LLC ("TC"); and (v) Remy W. Trafelet ("Mr. Trafelet"), the managing member of TC and TCA. The persons and entities referred to in items (i)-(v) hereof may be collectively referred to herein as the "Reporting Persons". TCM serves as investment manager to the Fund and two other private investment vehicles and, in such capacity, exercises voting and investment control over the shares of Common Stock of the Issuer held for the accounts of the Fund and such other private investment vehicles. TCA serves as the general partner to the Fund and such other private investment vehicles. TC serves as the general partner of TCM. Mr. Trafelet may be deemed to have indirect beneficial ownership of the shares reported herein based on his relationship with TCM and TCA.
- [F2]The Reporting Persons are filing this Form 4 in connection with a sale of Common Stock of the Issuer by one of the private investment vehicles of which TCA serves as general partner and TCM serves as investment manager, to two other private investment vehicles of which TCA serves as general partner and TCM serves as investment manager, one of which is the Fund, which acquired 153,732 of the total 167,100 shares sold.
- [F3]As of June 27, 2013, the Fund directly owns 1,663,028 shares of Common Stock and 227,291 warrants. TCM, TC, TCA and Mr. Trafelet may be deemed to beneficially own 1,809,525 shares of Common Stock and 250,000 warrants.
- [F4]Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
Documents
Issuer
XCel Brands, Inc.
CIK 0001083220
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001083220
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 5:15 PM ET
- Size
- 15.9 KB