SEC Form 4 · accession 0001144204-15-059272
xG TECHNOLOGY, INC. · XGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond M Sidney
Director
Period of report
Jan 9, 2015
Accepted (ET)
Oct 13, 2015 · 6:07 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,F3 | Jan 9, 2015 | A | 7,343 | $0.511 | A | 15,482 | D | |
| Common StockF2,F3,F4 | Jul 9, 2015 | A | 13,388 | $0.28 | A | 42,311 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were received as compensation for Mr. Sidney's service as a member of the Board of Directors of the Issuer for the 4th quarter of fiscal year 2014, ending December 31, 2014.
- F2The shares were received as compensation for Mr. Sidney's service as a member of the Board of Directors of the Issuer for the 2nd quarter of fiscal year 2015, ending June 30, 2015.
- F3The aggregate total reflected on Table I, Column 5 reflects the amount of securities beneficially owned by Mr. Sidney prior to a one-for-ten split reverse stock split effectuated by the Issuer on July 17, 2015.
- F4This number includes shares Mr. Sidney received from the Issuer on April 16, 2015, as reported on a Form 4 filed April 21, 2015, and as amended October 12, 2015.