4//SEC Filing
Malka Ben 4
Accession 0001144204-18-019149
CIK 0001083220other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 12:34 PM ET
Size
8.7 KB
Accession
0001144204-18-019149
Insider Transaction Report
Form 4
Malka Ben
Director
Transactions
- Award
Common Stock
2018-04-02+8,000→ 59,000 total - Award
Stock Option
2018-04-02+25,000→ 25,000 totalExercise: $3.20Exp: 2023-04-02→ Common Stock (25,000 underlying)
Holdings
- 1,000,000(indirect: See footnote)
Common Stock
Footnotes (3)
- [F1]Represents shares of restricted stock awarded pursuant to restricted stock award agreements which vest 50% of the shares on each of April 2, 2019 and 2020; provided that the reporting person may extend the vesting dates as to all or a portion of the shares, one or more times, in six-month increments, at his discretion.
- [F2]The reported Common Stock is held directly by The H Company IP, LLC ("H Company"), a wholly owned subsidiary of House of Halston, LLC ("Halston"). Mr. Malka is the chief executive officer of Halston and a member of its three person Board of Managers, which is comprised of Mr. Malka and two members designated by Halston's controlling stockholder. To the extent Mr. Malka may deemed to have an indirect pecuniary interest in the reported shares of Common Stock as a result of his investment in Halston, Mr. Malka disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- [F3]The option vests as to 50% of the shares on each of April 2, 2019 and 2020.
Documents
Issuer
XCel Brands, Inc.
CIK 0001083220
Entity typeother
Related Parties
1- filerCIK 0001611498
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 12:34 PM ET
- Size
- 8.7 KB