SEC Form 4 · accession 0001213900-15-005439
XTI Aerospace, Inc. · XTIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tanveer Khader
Director · 10% Owner
Period of report
Jul 24, 2015
Accepted (ET)
Jul 27, 2015 · 2:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001529113
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 24, 2015 | A | 5,000 | — | A | 2,188,168 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person is a participant in the Company's Amended and Restated 2011 Employee Stock Incentive Plan, as amended from time to time (the "Plan"). Represents a fully vested restricted stock award granted for services by the reporting person as a member of the Board of Directors pursuant to a Restricted Stock Award Agreement dated July 24, 2015.
- F22,168,168 shares of common stock are owned directly by SyHolding Corp. and indirectly by the reporting person, who is the Treasurer of SyHolding. The reporting person disclaims benfecial ownership of the securities owned by SyHolding except to the extent of his pecuniary interest therein.