XCel Brands, Inc. 4
4 · XCel Brands, Inc. · Filed Apr 4, 2017
Insider Transaction Report
Form 4
JONES EDWARD III
Director
Transactions
- Award
Stock Option
2017-03-31+25,000→ 25,000 totalExercise: $2.70Exp: 2022-03-31→ Common Stock (25,000 underlying) - Award
Common Stock
2017-03-31+8,000→ 67,382 total
Holdings
- 78,334(indirect: See Footnote)
Common stock
Footnotes (3)
- [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, 2018, and 2019 provided that the reporting person may extend the vesting date one or more times, in six month increments, in his discretion.
- [F2]The shares are owned by a company wholly-owned by the reporting person.
- [F3]The option vests as to 50% of the shares on each of March 31, 2018 and 2019.