XCel Brands, Inc. — Director's Dealing 2020

Apr 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCel Brands, Inc. (XELB)
CIK: 0001083220
Period of Report: 2020-04-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-16	Common Stock	P	1958	$0.55	Acquired	1365900	Direct
2020-04-17	Common Stock	P	1600	$0.55	Acquired	1367500	Direct
2020-04-20	Common Stock	P	8000	$0.55	Acquired	1375500	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	526283	Indirect

Footnotes

F1: Represents shares held by the Irrevocable Trust of Rose Dempsey, of which Mr. D'Loren has sole voting and dispositive power.