Bruce Bernstein - Jan 21, 2022 Form 4 Insider Report for XpresSpa Group, Inc. (XWEL)

Role
Director
Signature
/s/ Bruce Bernstein
Stock symbol
XWEL
Transactions as of
Jan 21, 2022
Transactions value $
-$36,545
Form type
4
Date filed
1/24/2022, 05:23 PM
Previous filing
Jan 7, 2022
Next filing
Jan 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XWEL Common Stock Sale -$36.5K -25K -3.56% $1.46* 677K Jan 21, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.44 to $1.52, inclusive. The reporting person undertakes to provide to XpresSpa Group, Inc. any security holder of XpresSpa Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The total also includes 500,000 restricted stock units, which were granted on July 29, 2021 and were previously reported and which vest in equal quarterly installments over a one-year period, with one-fourth vesting at the end of each fiscal quarter, such that the options will be fully vested as of June 30, 2022.