XCel Brands, Inc. 4
4 · XCel Brands, Inc. · Filed Apr 4, 2017
Insider Transaction Report
Form 4
Kirschenbaum Richard
Director
Transactions
- Award
Common Stock
2017-03-31+8,000→ 16,000 total - Award
Stock Options
2017-03-31+25,000→ 25,000 totalExercise: $2.70Exp: 2022-03-31→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Represents shares of restricted stock awarded pursuant to a restricted stock award agreement, which vests as to 50% shares on each of March 31, 2018 and 2019. The vesting date to all or a portion of the shares may be extended by Mr. Kirschenbaum on one or more occasions, in six month increments, in his sole discretion.
- [F2]The option vests as to 50% of the shares on each of March 31, 2018 and 2019.