XCel Brands, Inc. — Director's Dealing 2015

Apr 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2015-04-01

Reporting Person: LIEBMAN HOWARD M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-01	Common Stock	A	10000	—	Acquired	64643	Direct

Footnotes

F1: Represents shares of restricted Common Stock awarded pursuant to a restricted stock award agreement to Mr. Liebman, which vest as to 5,000 shares on each of March 31, 2016 and 2017, provided that Mr. Liebman may extend any vesting date as to all or a portion of the shares subject to vesting in six month increments at his discretion.