XCel Brands, Inc. — Director's Dealing 2017

Jan 26, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2016-11-30

Reporting Person: Haran James (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-30	Common Stock	F	5040	$4.95	Disposed	503629	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.