Cohen Jeffrey 4
4 · XCel Brands, Inc. · Filed Dec 15, 2011
Insider Transaction Report
Form 4
XCel Brands, Inc.XELB.PK
Cohen Jeffrey
Director10% Owner
Transactions
- Exercise of In-Money
Common Stock
2011-12-13$0.01/sh+50,000$500→ 600,110 total(indirect: See Footnote) - Exercise of In-Money
Warrant (right to buy)
2011-12-13−50,000→ 0 total(indirect: See Footnote)Exercise: $0.01From: 2011-09-29Exp: 2016-09-29→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]50,000 shares of common stock were issued to Earthbound LLC pursuant to the exercise of a common stock purchase warrant (the "Warrant"). Mr. Cohen has shared voting and dispositive power over securities held by Earthbound LLC.
- [F2]Represents (i) 400,110 shares held by 3 Sixty, Inc., as to which Mr. Cohen has sole voting and dispositive power, and (ii) 200,000 shares held by Earthbound LLC after the exercise of the Warrant, as to which Mr. Cohen has shared voting and dispositive power.