SEC Form 4 · accession 0001144204-17-018706
XCel Brands, Inc. · XELB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Jones III
Director
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 6:08 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 StockF1 | Mar 31, 2017 | A | 8,000 | $0.00 | A | 67,382 | D | |
| Common stockF2 | holding | — | — | — | 78,334 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $2.70 | Mar 31, 2017 | A | 25,000 | A | — | Mar 31, 2022 | Common Stock | 25,000 | 25,000 | D |
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 March 31, 2018, and 2019 provided that the reporting person may extend the vesting date one or more times, in six month increments, in his discretion.
- F2The shares are owned by a company wholly-owned by the reporting person.
- F3The option vests as to 50% of the shares on each of March 31, 2018 and 2019.