SEC Form 4 · accession 0001144204-18-019472
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
Apr 5, 2018
Accepted (ET)
Apr 5, 2018 · 8:16 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 | Apr 5, 2018 | A | 123,018 | $1.04 | A | 605,501 | D | |
| Common StockF2 | Apr 5, 2018 | A | 100,000 | $1.04 | A | 705,501 | 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.
- F2The securities were issued to Mr. Schmitt pursuant to the 2017 Incentive Compensation Plan of xG Technology, Inc.