Bruce Bernstein - Mar 17, 2022 Form 4 Insider Report for XpresSpa Group, Inc. (XWEL)

Role
Director
Signature
/s/ Cara Soffer, Attorney-in-Fact for Bruce Bernstein
Stock symbol
XWEL
Transactions as of
Mar 17, 2022
Transactions value $
$6,150
Form type
4
Date filed
3/21/2022, 07:17 PM
Previous filing
Mar 9, 2022
Next filing
Jun 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XWEL Common Stock Purchase $6.15K +5K +0.69% $1.23 729K Mar 17, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's purchase of XSPA common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, with the reporting person's purchase of shares of XSPA common stock on January 21, 2022. 3,000 shares were matched with sales of 3,000 shares at $1.52 per share and 2,000 shares were matched with sales of 2,000 shares at $1.47 per share on that date. The reporting person has agreed to pay to XSPA, upon settlement of the sale, $1,350, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
F2 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.