XCel Brands, Inc. — Director's Dealing 2020

Dec 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2020-12-09

Reporting Person: D LOREN ROBERT W (Director, CEO & Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-09	Common Stock	P	18380	$1.056	Acquired	1398322	Direct
2020-12-10	Common Stock	P	21244	$1.0715	Acquired	1419566	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	607317	Indirect

Footnotes

F1: These share amounts have been adjusted to appropriately report that 68,034 shares previously reported as owned directly by Mr. D'Loren are owned indirectly through the Irrevocable Trust of Rose Dempsey, of which Mr. D'Loren has sole voting and dispositive power.

F2: Represents shares held by the Irrevocable Trust of Rose Dempsey, of which Mr. D'Loren has sole voting and dispositive power.