SEC Form 4 · accession 0001144204-15-048208
xG TECHNOLOGY, INC. · XGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger G Branton
Officer — Chief Financial Officer · 10% Owner
Period of report
Aug 3, 2015
Accepted (ET)
Aug 11, 2015 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001565228
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 3, 2015 | A | 2,370 | $1.82 | A | 32,328 | I | Branton Partners LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities were issued to Mr. Branton pursuant to the 2015 Employee Stock Purchase Plan of xG Technology, Inc. (the "Company").
- F2Various family entities, including Mr. Branton's spouse, children and trusts for the benefit of Mr. Branton's children beneficially own shares and warrants of the Company through Branton Partners, LLC, of which family trusts and entities beneficially own 100%.