Donald E. Stout - Jan 5, 2023 Form 4/A - Amendment Insider Report for XWELL, Inc. (XWEL)

Role
Director
Signature
/s/ Cara Soffer, Attorney-in-Fact for Donald E. Stout
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
Jan 31, 2022

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 +300K $0.00 300K Jan 5, 2023 Common Stock 300K $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.