SEC Form 4 · accession 0001144204-16-131112
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
Oct 25, 2016
Accepted (ET)
Nov 2, 2016 · 4:01 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 | Oct 25, 2016 | A | 33,101 | $0.4149 | A | 124,440 | D | |
| Common StockF2 | Oct 26, 2016 | S | 2,536 | $0.415 | D | 121,904 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities were issued to Mr. Coleman pursuant to the 2016 Employee Stock Purchase 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 September 23, 2016.