XCel Brands, Inc. — Director's Dealing 2017

Feb 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2017-01-31

Reporting Person: JONES EDWARD III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-31	Common Stock	A	78334	$3.85	Acquired	78.334	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	59382	Direct

Footnotes

F1: The shares vest as to 39,117 shares upon grant and 39,117 shares on January 30, 2018.

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