XWELL, Inc. — Director's Dealing 2023

Jul 12, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XWELL, Inc. (XWEL)
CIK: 0001410428
Period of Report: 2023-07-10

Reporting Person: Scrabis Suzanne A. (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-10	Common Stock	A	100000	—	Acquired	100000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-10	Employee stock option (right to buy)	$0.23	A	75000	Acquired	2033-07-10	Common Stock (75000)	Direct

Footnotes

F1: 100,000 Restricted Stock Units ("RSUs") to vest in four quarterly installments of 25.0%, such that the 25.0% of such RSUs will vest on the first, second, third and fourth quarters after the Grant Date (i.e., 9/30/23, 12/31/23, 3/31/24 and 6/30/24), subject to Ms. Scrabis' continuous service with the Company through such dates.

F2: 75,000 Non-Qualified Stock Options (the "Options") which shall vest in four quarterly installments of 25.0%, such that the 25.0% of such Options will vest on the first, second, third and fourth quarters after the Grant Date (i.e., 9/30/23, 12/31/23, 3/31/24 and 6/30/24), subject to Ms. Scrabis' continuous service with the Company through such dates.