XCel Brands, Inc. 4
4 · XCel Brands, Inc. · Filed Apr 4, 2016
Insider Transaction Report
Form 4
JONES EDWARD III
Director
Transactions
- Award
Common Stock
2016-03-31+8,000→ 59,382 total - Award
Stock Option
2016-03-31+25,000→ 25,000 totalExercise: $5.80Exp: 2021-03-31→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Represents shares of restricted stock awarded pursuant to a restricted stock agreement, which vest as to 50% of the shares on each of March 31, 2017, and 2018 provided that the reporting person may extend the vesting date one or more times, in six month increments, in his discretion.
- [F2]The option vests as to 50% of the shares on each of March 31, 2017 and 2018.