SEC Form 4 · accession 0001185185-18-000373
XPLORE TECHNOLOGIES CORP · XPLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip S Sassower
Other
Period of report
Feb 27, 2018
Accepted (ET)
Mar 6, 2018 · 3:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001177845
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 27, 2018 | J | 70,000 | $0.00 | A | 1,091,775 | I | See Footnote |
| Common StockF1 | Feb 27, 2018 | S | 98 | $3.07 | D | 1,091,677 | I | See Footnote |
| Common StockF1 | Feb 28, 2018 | S | 7,000 | $3.05 | D | 1,084,677 | I | See Footnote |
| Common StockF1 | Mar 1, 2018 | S | 6,302 | $3.0521 | D | 1,078,375 | I | See Footnote |
| Common StockF1 | Mar 1, 2018 | S | 25,000 | $3.00 | D | 1,053,375 | I | See Footnote |
| Common StockF1 | Mar 5, 2018 | S | 14,779 | $3.0802 | D | 1,038,596 | I | See Footnote |
| Common StockF1 | Mar 6, 2018 | S | 16,821 | $3.0553 | D | 1,021,775 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On or about February 27, 2018, Phoenix Venture Fund LLC ("Phoenix") distributed 70,000 shares to Mr. Sassower. As a result, Mr. Sassower's beneficial ownership of the 70,000 shares he received became under his direct ownership. This transaction was exempt under Rule 16a-13. Mr. Sassower sold the 70,000 shares between February 27, 2018 and March 6, 2018. As of March 6, 2018, Mr. Sassower's holdings include only shares held by Phoenix (1,021,775). Mr. Sassower is a co-manager of Phoenix, in which Mr. Sassower shares voting and dispositive power with another co-manager. Mr. Sassower disclaims any beneficial ownership of the shares held by Phoenix except to the extent of his pecuniary interest, if any, in such shares. Mr. Sassower resigned from all positions with the issuer on October 18, 2017.