SEC Form 4 · accession 0001144204-19-011660
XCel Brands, Inc. · XELB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Loren Robert W D
Officer — CEO & Chairman · Director · 10% Owner
Period of report
Feb 27, 2019
Accepted (ET)
Mar 1, 2019 · 4:50 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 | Feb 27, 2019 | P | 1,203 | $1.74 | A | 1,187,849 | D | |
| Common Stock | Feb 27, 2019 | P | 3,197 | $1.75 | A | 1,191,046 | D | |
| Common Stock | Feb 28, 2019 | P | 200 | $1.705 | A | 1,191,246 | D | |
| Common Stock | Feb 28, 2019 | P | 600 | $1.72 | A | 1,191,846 | D | |
| Common StockF1 | holding | — | — | — | 526,283 | 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 OptionsF1 | $1.70 | Feb 28, 2019 | A | 2,578,947 | A | — | Feb 28, 2019 | Common Stock | 2,578,947 | 2,578,947 | D |
Explanation of responses
- F1The option vests as the Registrant's common stock achieving the following price targets (price/shares): (i) $3.00/736,842 shares; (ii) $5.00/626,316 shares; (iii) $7.00/515,789 shares; (iv) $9.00/405,263 shares; and (v) $11.00/294,737 shares.