FRANCIS MICHAEL 4
4 · XCel Brands, Inc. · Filed Apr 12, 2019
Insider Transaction Report
Form 4
FRANCIS MICHAEL
Director
Transactions
- Award
Stock Option
2019-04-01+25,000→ 25,000 totalExercise: $1.70Exp: 2024-04-01→ Common Stock (25,000 underlying) - Award
Common Stock
2019-04-01+10,000
Footnotes (2)
- [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.