SEC Form 4 · accession 0001144204-16-131171
XCel Brands, Inc. · XELB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark DiSanto
Director
Period of report
Oct 31, 2016
Accepted (ET)
Nov 2, 2016 · 5:00 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 Stock | holding | — | — | — | 71,537 | D | ||
| Common StockF1 | holding | — | — | — | 856,548 | I | Note | |
| Common StockF2 | holding | — | — | — | 60,000 | I | Note |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $5.00 | Oct 31, 2016 | A | 50,000 | A | — | Oct 31, 2021 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Represents shares held by The Mark X DiSanto Investment Trust, of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.
- F2Represents shares held by these trusts of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.
- F3The option vests as to 50% of the shares each of October 31, 2017 and 2018.