XCel Brands, Inc. — Director's Dealing 2018

Apr 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2018-04-02

Reporting Person: DiSanto Mark (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-02	Common Stock	A	8000	—	Acquired	87537	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-02	Stock Option	$3.20	A	25000	Acquired	2023-04-02	Common Stock (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	856548	Indirect
Common Stock	60000	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 April 2, 2019 and 2020, provided, that the reporting person may extend the vesting date as to all or a portion of the shares, one or more times, in six month increments, in his discretion.

F2: Represents shares held by The Mark X DiSanto Investment Trust, of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.

F3: Represents shares held by these trusts of which Mr. DiSanto is trustee and as to which Mr. DiSanto has sole voting dispositive power.

F4: The option vests as to 50% of the shares each of April 2, 2019 and 2020.