SEC Form 4 · accession 0001144204-17-002194
xG TECHNOLOGY, INC. · XGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Frederick Schmitt
Officer — Chief Executive Officer · Director
Period of report
Jan 12, 2017
Accepted (ET)
Jan 13, 2017 · 4:20 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,F2 | Jan 12, 2017 | A | 63,357 | $1.35 | A | 131,199 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities were issued to Mr. Schmitt pursuant to the 2016 Employee Stock Purchase Plan of xG Technology, Inc.
- F2Share amounts have been adjusted to give effect to a 1-for-10 reverse stock split effected on December 15, 2016. Partial shares were rounded up.