SEC Form 4 · accession 0001144204-17-002956
xG TECHNOLOGY, INC. · XGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth A Hoffman
Director
Period of report
Jan 17, 2017
Accepted (ET)
Jan 19, 2017 · 6:33 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 17, 2017 | A | 2,778 | $1.35 | A | 5,553 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were received as compensation for Mr. Hoffman's service as a member of the Board of Directors of the Issuer for the 4th quarter of fiscal year 2016, ending December 31, 2016.
- 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.