SEC Form 4 · accession 0001213900-17-005892
XTI Aerospace, Inc. · XTIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kareem M Irfan
Director
Period of report
Mar 31, 2017
Accepted (ET)
May 26, 2017 · 2:41 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 | Mar 31, 2017 | A | 334 | — | A | 3,673 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person is a participant in the issuer's Amended and Restated 2011 Employee Stock Incentive Plan, as amended from time to time. Represents a fully vested restricted stock award granted as of March 31, 2017 for services by the reporting person as a member of the board of directors. The award is governed under a Restricted Stock Award Agreement dated May 26, 2017. All numbers give effect to the 1-for-15 reverse stock split of the issuer's issued and outstanding shares of common stock effected on March 1, 2017.