Ezra Ernst - 05 Jan 2023 Form 4/A - Amendment Insider Report for XWELL, Inc. (XWEL)

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	Employee stock option (right to buy)	Award	$0	+100,000		$0.000000	100,000	05 Jan 2023	Common Stock	100,000	$0.4000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Option vests in four equal annual increments over each of the first four anniversaries of the date of the grant.

This amendment is being filed to correct the exercise price for the stock option grant.