Filing Details
- Accession Number:
- 0001144204-14-071702
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-12-01 20:15:07
- Reporting Period:
- 2014-11-26
- Filing Date:
- 2014-12-01
- Accepted Time:
- 2014-12-01 20:15:07
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1565228 | Xg Technology Inc. | XGTI | Communications Equipment, Nec (3669) | 205856795 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1582450 | L Richard Mooers | 240 S Pineapple Ave, Ste 701 Sarasota FL 34236 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2014-11-26 | 72,992 | $1.37 | 6,258,574 | No | 4 | P | Indirect | By MB Technology Holdings, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By MB Technology Holdings, LLC |
Footnotes
- The securities were purchased by MB Technology Holdings, LLC ("MBTH") in an offering pursuant to the Company's Registration Statement filed on Form S-3 (File No. 333-197820), declared effective by the SEC on August 1, 2014 (the "Registration Statement") on the terms and conditions set forth in the prospectus supplement to the Registration Statement, dated November 26, 2014.
- Family entities and trusts for the benefit of Mr. Mooers' children beneficially own shares, options and warrants of the Company through MB Merchant Group, LLC., of which these family trusts and entities beneficially own 80%, which in turn is a 45.2% owner of MBTH.