SEC Form 4 · accession 0001144204-18-019454
xG TECHNOLOGY, INC. · XGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Mooers
Director
Period of report
Apr 4, 2018
Accepted (ET)
Apr 5, 2018 · 6:34 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,F2 | Apr 4, 2018 | A | 28,847 | $1.04 | A | 294,630 | D | |
| Common StockF3 | Apr 5, 2018 | A | 1,929 | $1.62 | A | 296,559 | D | |
| Common StockF4 | Apr 5, 2018 | A | 3,005 | $1.04 | A | 299,564 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities were issued to Mr. Mooers pursuant to the 2016 Incentive Compensation Plan of xG Technology, Inc.
- F2Reporting Person identified a clerical error on the Form 4 filed on the Reporting Person's behalf on December 1, 2017. This filing reflects a correction of the previously reported shares beneficially owned by the Reporting Person.
- F3The shares were received as compensation for Mr. Mooers' service as a member of the Board of Directors of the Issuer for the 4th quarter of fiscal year 2017, ending December 31, 2017.
- F4The shares were received as compensation for Mr. Mooers' service as a member of the Board of Directors of the Issuer for the 1st quarter of fiscal year 2018, ending March 31, 2018.