XCel Brands, Inc. — Director's Dealing 2017

Dec 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2017-10-01

Reporting Person: LIEBMAN HOWARD M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-10-01	Common Stock	F	2200	$3.70	Disposed	48165	Direct

Footnotes

F1: Represents the surrender of shares to the issuer in payment of tax liability incident to the vesting of restricted stock.

F2: Represents the fair market value of the shares surrendered.