SEC Form 4 · accession 0001535264-17-000081
XWELL, Inc. · XWEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
AWM Investment Company, Inc.
10% Owner
Period of report
Dec 27, 2017
Accepted (ET)
Dec 29, 2017 · 4:20 pm EST
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 StockF1 | Dec 27, 2017 | S | 58,150 | $1.5012 | D | 2,695,595 | I | By Limited Partnerships |
| Common StockF1 | Dec 27, 2017 | S | 5,200 | $1.5111 | D | 2,690,395 | I | By Limited Partnerships |
| Common StockF2,F3,F1 | Dec 28, 2017 | S | 46,650 | $1.5519 | D | 2,643,745 | I | By Limited Partnerships |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This is a weighted average price.
- F2AWM Investment Company, Inc., a Delaware corporation (AWM), is the investment adviser to Special Situations Cayman Fund, L.P. (CAYMAN), Special Situations Fund III QP, L.P. (SSFQP) and Special Situations Private Equity Fund, L.P. (SSPE and together with CAYMAN and SSFQP, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 462,561 Shares of common stock of the Issuer (the Shares) held by CAYMAN, 1,387,683 Shares held by SSFQP and 793,501 Shares held by SSPE.
- F3Austin W. Marxe (Marxe), David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principals of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.