SEC Form 4 · accession 0001144204-17-029000
XWELL, Inc. · XWEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew R Heyer
Director
Period of report
May 19, 2017
Accepted (ET)
May 23, 2017 · 9:39 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001410428
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 19, 2017 | P | 10,000 | $1.4899 | A | 10,000 | D | |
| Common Stock | May 22, 2017 | P | 5,000 | $1.66 | A | 15,000 | D | |
| Common StockF1 | holding | — | — | — | 2,338,690 | I | See footnote | |
| Common StockF1 | holding | — | — | — | 2,338,690 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mistral Spa Holdings, LLC ("MSH"), a Delaware limited liability company, is the record holder of these shares of common stock beneficially owned by Mr. Heyer. Mr. Heyer is the managing member and the managing partner of Mistral Capital Management, LLC ("MCM"), which is the sole manager of MSH. By reason of the provisions of Rule 16a-1 of the Exchange Act, MCM and Mr. Heyer may be deemed to be beneficial owners of certain of the securities that are deemed to be beneficially owned by MSH. Mr. Heyer disclaims beneficial ownership of the securities owned by MSH except to the extent of Mr. Heyer's pecuniary interest therein.