SEC Form 4 · accession 0001144204-15-032610
XCel Brands, Inc. · XELB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Loren Robert W D
Officer — CEO and Chairman · Director · 10% Owner
Period of report
May 19, 2015
Accepted (ET)
May 20, 2015 · 4:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001083220
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 19, 2015 | A | 245,000 | $0.00 | A | 1,858,993 | D | |
| Common StockF2 | holding | — | — | — | 526,283 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted stock awarded pursuant to a restricted stock agreement, which vest as to 50% of the shares on each of April 30, 2016 and April 30, 2017; provided that the reporting person may extend the vesting date as to all or a portion of the shares one or more times, in six month increments, at this discretion.
- F2Represents shares of Common Stock held by the Irrevocable Trust of Rose Dempsey, of which Mr. D'Loren is a co-trustee and as to which Mr. D'Loren has sole voting and dispositive power.