Bruce Bernstein - 26 Jan 2022 Form 4 Insider Report for XpresSpa Group, Inc. (XWEL)

Role: Director
Signature: /s/ Cara Soffer, Attorney-in-Fact for Bruce Bernstein
Issuer symbol: XWEL
Transactions as of: 26 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 31 Jan 2022, 19:05:24 UTC
Previous filing: 24 Jan 2022
Next filing: 09 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XWEL	Common Stock	Award	$0	+62,500	+9.2%	$0.000000	739,198	26 Jan 2022	Direct	F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	XWEL	Stock Option (right to buy)	Award	$0	+93,750		$0.000000	93,750	26 Jan 2022	Common Stock	93,750	$1.28	Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities were issued as part of the Issuer's equity grant to directors.
F2	Represents restricted stock units 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 December 31, 2022.
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.
F4	The options 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 December 31, 2022.