XCel Brands, Inc. — Director's Dealing 2016

Apr 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2016-03-31

Reporting Person: Mizrahi Isaac (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-31	Common Stock	A	17242	—	Acquired	2519514	Direct

Footnotes

F1: Represents shares of restricted Common Stock awarded pursuant to a restricted stock award agreement which vest on September 1, 2016, provided that the reporting person may extend the vesting date on one or more occasions by six month increments at his sole discretion.