SEC Form 4 · accession 0001144204-16-095688
xG TECHNOLOGY, INC. · XGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Frederick Schmitt
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Apr 19, 2016
Accepted (ET)
Apr 22, 2016 · 10:07 am 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 | Apr 19, 2016 | A | 991,667 | $0.075 | A | 2,472,328 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities were issued to Mr. Schmitt pursuant to the 2015 Employee Stock Purchase Plan of xG Technology, Inc.