SEC Form 4 · accession 0001144204-16-137526
xG TECHNOLOGY, INC. · XGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Mooers
Director
Period of report
Nov 30, 2016
Accepted (ET)
Dec 1, 2016 · 7:19 pm EST
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 StockF4 | Nov 30, 2016 | A | 28,654 | $0.349 | A | 192,751 | D | |
| Common StockF1 | holding | — | — | — | 0 | I | Held by children | |
| Common StockF2 | holding | — | — | — | 0 | I | By Trust for children | |
| Common StockF3 | holding | — | — | — | 0 | I | By Mooers Partners LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Mooers no longer has a pecuniary interest in certain shares of family members and therefore these 15 shares, which were previously disclosed as being held indirectly, have been excluded from the indirect total.
- F2Mr. Mooers no longer has a pecuniary interest in certain shares of family members held by a trust for the benefit of Mr. Mooers' children and therefore these 459 shares, which were previously disclosed as being held indirectly, have been excluded from the indirect total.
- F3Mr. Mooers no longer has a pecuniary interest in certain shares of family members held by Mooers Partners, LLC, which is owned by various trusts for the benefit of Mr. Mooers' children and therefore these 2,422 shares, which were previously disclosed as being held indirectly, have been excluded from the indirect total.
- F4The securities were issued to Mr. Mooers pursuant to the 2016 Incentive Compensation Plan of xG Technology, Inc.