SEC Form 4 · accession 0001144204-16-138112
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
Sep 14, 2016
Accepted (ET)
Dec 6, 2016 · 4:01 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 StockF1 | Sep 14, 2016 | A | 15,625 | $0.40 | A | 155,912 | D | |
| Common StockF2 | Nov 23, 2016 | A | 39,351 | $0.349 | A | 195,263 | D | |
| Common Stock | Dec 2, 2016 | S | 106,458 | $0.3421 | D | 88,805 | D | |
| Common Stock | Dec 5, 2016 | S | 69,496 | $0.3403 | D | 19,309 | D | |
| Common StockF3 | Dec 6, 2016 | S | 18,609 | $0.343 | D | 0 | 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 2015 Incentive Compensation Plan of xG Technology, Inc.
- F2The securities were issued to Mr. Coleman pursuant to the 2016 Employee Stock Purchase Plan of xG Technology, Inc.
- F3Reporting Person identified a clerical error on the Form 4 filed on the Reporting Person's behalf on June 3, 2016. This filing reflects a correction of the previously reported shares beneficially owned by the Reporting Person.