Bruce Bernstein - Jan 5, 2023 Form 4/A - Amendment Insider Report for XWELL, Inc. (XWEL)

Role
Director
Signature
/s/ Cara Soffer, Attorney-in-Fact for Bruce Bernstein
Stock symbol
XWEL
Transactions as of
Jan 5, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
1/9/2023, 08:36 PM
Date Of Original Report
Jan 9, 2023
Previous filing
Dec 20, 2022
Next filing
Jan 25, 2023

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 +600K $0.00 600K Jan 5, 2023 Common Stock 600K $0.40 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This grant is pursuant to the directors compensation plan.
F2 The option vests in equal quarterly installments over a one-year period, with one-fourth vesting at the end of each calendar quarter, such that the options will be fully vested as of December 31, 2023.

Remarks:

This amendment is being filed to correct the exercise price for the stock option grant and to revise the text of footnote 1.