SEC Form 4 · accession 0001144204-17-004004
XCel Brands, Inc. · XELB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Giuseppe Falco
Officer — See Remarks
Period of report
Jan 24, 2017
Accepted (ET)
Jan 26, 2017 · 3:58 pm EST
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 | — | — | — | 253,912 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1 | $5.00 | Jan 24, 2017 | A | 500,000 | A | — | — | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1The option vests as to 100,000 shares on each of January 1, 2018, 2019, 2020, 2021 and 2022 and expire as to such shares on the five year anniversary of the respective dates on which the option becomes exercisable.
Remarks
Chief Merchant Officer and Brand President