SEC Form 4 · accession 0001144204-16-111307
xG TECHNOLOGY, INC. · XGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Coleman
Officer — President · Director
Period of report
Jun 27, 2016
Accepted (ET)
Jul 1, 2016 · 8:12 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 | Jun 27, 2016 | A | 10,853 | $1.11 | A | 16,767 | D | |
| Common StockF2 | Jun 28, 2016 | S | 10,853 | $1.11 | D | 5,913 | D |
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 Incentive Compensation Plan of xG Technology, Inc.
- F2The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 17, 2016.