XCel Brands, Inc. — Director's Dealing 2017

Aug 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2017-08-17

Reporting Person: JONES EDWARD III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-17	Common Stock	S	7500	$4.1419	Disposed	67382	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	70834	Indirect

Footnotes

F1: Represents shares of restricted stock awarded pursuant to a restricted stock agreement, which vest as to 50% of the shares on each of March 31, 2018, and 2019 provided that the reporting person may extend the vesting date one or more times, in six month increments, in his discretion.

F2: The shares are owned by a company wholly-owned by the reporting person.