XCel Brands, Inc. — Director's Dealing 2019

Apr 12, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2019-04-01

Reporting Person: FRANCIS MICHAEL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-01	Common Stock	A	10000	—	Acquired		Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-01	Stock Option	$1.7	A	25000	Acquired	2024-04-01	Common Stock (25000.0)	Direct

Footnotes

F1: Represents shares of restricted stock awarded pursuant to a restricted stock award agreement, which vests as to 50% of the shares on each of April 2, 202 and 2021, provided that the reporting person may extend the vesting date as to all or a portion of the shares, on one or more occasions, in six month increments, in his sole discretion.

F2: The option vests as to 50% of the shares on each of April 1, 2020 and 2021.