SEC Form 4 · accession 0001144204-19-007152
XWELL, Inc. · XWEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Bernstein
Director
Period of report
Feb 11, 2019
Accepted (ET)
Feb 13, 2019 · 4:11 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 Option (Right to Buy)F1,F2 | $0.21 | Feb 11, 2019 | A | 170,000 | A | — | Feb 11, 2029 | Common Stock | 170,000 | 170,000 | D |
Explanation of responses
- F1These securities were issued as part of the Issuer's annual equity grant to directors.
- F2The shares underlying this option 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, such that the options will be fully vested as of December 31, 2019.