Donald E. Stout - 05 Jan 2023 Form 4/A - Amendment Insider Report for XWELL, Inc. (XWEL)

Role
Director
Signature
/s/ Cara Soffer, Attorney-in-Fact for Donald E. Stout
Issuer symbol
XWEL
Transactions as of
05 Jan 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
09 Jan 2023, 20:36:48 UTC
Date Of Original Report
09 Jan 2023
Previous filing
31 Jan 2022
SEC
View on sec.gov

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 +300,000 $0.000000 300,000 05 Jan 2023 Common Stock 300,000 $0.4000 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.