SEC Form 4 · accession 0001144204-17-003282
XWELL, Inc. · XWEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew R Heyer
Director
Period of report
Jan 17, 2017
Accepted (ET)
Jan 20, 2017 · 5:55 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1,F2 | $2.12 | Jan 17, 2017 | A | 85,000 | A | — | Jan 17, 2027 | Common Stock | 85,000 | 85,000 | 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 in equal quarterly installments over a one-year period, with one-fourth vesting on the date of grant and one-fourth vesting at the end of each fiscal quarter thereafter.