Form 4 for XWEL XWELL, Inc.

Accepted 2022-01-31 00:00:00 ET · period of report 2022-01-26 · accession 0000950138-22-000028 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-01-31	2022-01-26	XWEL	Bernstein Bruce	Dir	A - Grant	$0.00	+62.5K	739.2K	+9%	$0
D	2022-01-31	2022-01-26	XWEL	Bernstein Bruce	Dir	A - Grant	$0.00	+93.8K	93.8K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-01-26	A	A	62,500	$0.00	739,198	D	—	—	(F1) These securities were issued as part of the Issuer's equity grant to directors. (F2) Represents restricted stock units which vest in equal quarterly installments over a one-year period, with one-fourth vesting at the end of each fiscal quarter, such that the options will be fully vested as of December 31, 2022. (F3) The total also includes 500,000 restricted stock units, which were granted on July 29, 2021 and were previously reported and which vest in equal quarterly installments over a one-year period, with one-fourth vesting at the end of each fiscal quarter, such that the options will be fully vested as of June 30, 2022.
2	Derivative	Stock Option (right to buy)	2022-01-26	A	A	93,750	$0.00	93,750	D	$1.28 · — to 2032-01-26	93,750 Common Stock	(F1) These securities were issued as part of the Issuer's equity grant to directors. (F4) The options vest in equal quarterly installments over a one-year period, with one-fourth vesting at the end of each fiscal quarter, such that the options will be fully vested as of December 31, 2022.