Form 4 for XWEL XWELL, Inc.
Accepted 2024-09-05 00:00:00 ET · period of report 2024-09-04 · accession 0001104659-24-097449 · 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 | 2024-09-05 | 2024-09-04 | XWEL | Ernst Ezra | Pres, CEO | A - Grant | $0.00 | +30.0K | 31.1K | +2,655% | $0 |
| D | 2024-09-05 | 2024-09-04 | XWEL | Ernst Ezra | Pres, CEO | A - Grant | $0.00 | +30.0K | 30.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-09-04 | A | A | 30,000 | $0.00 | 31,130 | D | — | — | (F1) Represents 30,000 shares of restricted common stock, par value $0.01 per share (the "Common Stock") of XWELL, Inc. (the "Company") issued to the reporting person in connection with the reporting person's employment agreement with the Company, effective as of September 4, 2024. One-third of the shares shall vest on each of the first, second and third anniversaries of September 4, 2024, provided that the reporting person remains employed by or is providing services to the Company. |
| 2 | Derivative | Employee stock option (right to buy) | 2024-09-04 | A | A | 30,000 | $0.00 | 30,000 | D | $1.80 · — to 2034-09-04 | 30,000 Common Stock | (F2) Represents 30,000 shares of Common Stock with such options vesting (a) 25% on September 4, 2024, (b) 18.75% on December 31, 2024, (c) 18.75% on March 31, 2025, (d) 18.75% on June 30, 2025, and (e) 18.75% on September 30, 2025, provided that the reporting person is employed by or providing services to the Company through each applicable vesting date. |