SEC Form 4 · accession 0001144204-17-018700
XCel Brands, Inc. · XELB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Loren Robert W D
Officer — See Remarks · Director · 10% Owner
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 6:07 am 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 StockF2 | Mar 31, 2017 | F | 216,632 | $2.70 | D | 1,536,739 | D | |
| Common StockF3 | holding | — | — | — | 526,283 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the surrender of shares to the issuer in payment of tax liability incident to the vesting of restricted shares.
- F2Represents the fair market value of the shares surrendered.
- F3Represents shares held by the Irrevocable Trust of Rose Dempsey, of which Mr. D'Loren has sole voting and dispositive power.
Remarks
Chief Executive Officer and Chairman