XCel Brands, Inc. — Director's Dealing 2016

Aug 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2016-08-11

Reporting Person: Kirschenbaum Richard (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-11	Common Stock	A	8000	—	Acquired	8000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-11	Stock Options	$5.15	A	25000	Acquired	2021-08-31	Common Stock (25000)	Direct

Footnotes

F1: Represents shares of restricted stock awarded pursuant to a restricted stock award agreement, which vests as to 4,000 shares on each of August 31, 2017 and August 31, 2018. The vesting date to all or a portion of the shares may be extended by Mr. Kirschenbaum in six month increments on one or more occasions in his sole discretion.

F2: The option vests as to 50% of the shares on each of August 31, 2017 and August 31, 2018.