SEC Form 4 · accession 0001144204-18-032509
xG TECHNOLOGY, INC. · XGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Cuccio
Director
Period of report
May 31, 2018
Accepted (ET)
Jun 4, 2018 · 6:04 am 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 | May 31, 2018 | A | 5,495 | $0.6825 | A | 48,922 | D | |
| Common StockF2 | May 31, 2018 | A | 11,722 | $0.6825 | A | 60,644 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were received as compensation for Mr. Cuccio's service as a member of the Board of Directors of the Issuer for the 1st quarter of fiscal year 2018, ending March 31, 2018.
- F2The securities were issued to Mr. Cuccio pursuant to the 2016 Employee Stock Purchase Plan of xG Technology, Inc.