Mark DiSanto - Apr 3, 2024 Form 4 Insider Report for XCel Brands, Inc. (XELB)

Role
Director
Signature
/s/ Mark DiSanto
Stock symbol
XELB
Transactions as of
Apr 3, 2024
Transactions value $
$0
Form type
4
Date filed
4/4/2024, 07:20 PM
Previous filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XELB Common Stock Award $0 +10K +27.4% $0.00 46.5K Apr 3, 2024 Direct F1
holding XELB Common Stock 1.3M Apr 3, 2024 See Footnote F2, F3
holding XELB Common Stock 82.4K Apr 3, 2024 See Footnote F4

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 XELB Stock Option Award $0 +25K $0.00 25K Apr 3, 2024 Common Stock 25K $0.85 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock awarded pursuant to a restated stock agreement, which vests as to 50% of the shares on each of April 3, 2025 and April 3, 2026, provided that the reporting person may extend the vesting date as to all or a portion of the shares, one or more times, in six month increments, at his sole discretion.
F2 Represents shares held by The Mark X DiSanto Investment Trust, of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.
F3 The number of shares held prior to the transaction were inadvertently overstated in previous filings and is corrected in this filing.
F4 Represents shares held by other trusts, of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.
F5 The options vest as to 50% of the shares on each of April 3, 2025 and April 3, 2026.