FRANCIS MICHAEL 4
4 · XCel Brands, Inc. · Filed Apr 4, 2018
Insider Transaction Report
Form 4
FRANCIS MICHAEL
Director
Transactions
- Award
Common Stock
2018-04-02+8,000→ 99,000 total - Award
Stock Option
2018-04-02+25,000→ 25,000 totalExercise: $3.20Exp: 2023-04-02→ 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% of the shares on each of April 2, 2019 and 2020, provided that the reporting person may extend the vesting date as to all or a portion of the shares, 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 April 2, 2019 and 2020