SEC Form 4 · accession 0001144204-15-003585
XWELL, Inc. · XWEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H. Van Sinclair
Director
Period of report
Jan 22, 2015
Accepted (ET)
Jan 23, 2015 · 9:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001410428
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1,F2 | $0.59 | Jan 22, 2015 | A | 100,000 | A | — | Jan 22, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1These securities were issued as part of the Issuer's annual equity compensation to non-employee directors.
- F2These options to purchase shares of common stock of the Issuer vest ratably over a one-year period, with 1/4 of the stock options granted vesting on a quarterly basis commencing on March 31, 2015.