SEC Form 4 · accession 0001144204-16-114850
xG TECHNOLOGY, INC. · XGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Mooers
Director
Period of report
May 31, 2016
Accepted (ET)
Jul 28, 2016 · 10:05 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 | May 31, 2016 | A | 66,667 | $0.15 | A | 500,848 | D | |
| Common StockF1 | May 31, 2016 | A | 107,527 | $0.093 | A | 608,375 | D | |
| Common StockF1,F2 | Jun 30, 2016 | A | 9,010 | $1.11 | A | 59,708 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities were issued to Mr. Mooers pursuant to the 2015 Incentive Compensation Plan of xG Technology, Inc.
- F2This beneficial ownership number reflects the 1-for-12 reverse stock split that occurred prior to the filing of this Form 4