Filing Details
- Accession Number:
- 0001144204-16-109563
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-06-23 19:00:37
- Reporting Period:
- 2016-06-21
- Filing Date:
- 2016-06-23
- Accepted Time:
- 2016-06-23 19:00:37
- 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 |
|---|---|---|---|---|---|---|---|
| 1582449 | G Roger Branton | 240 S Pineapple Ave, Ste 701 Sarasota FL 34236 | Chief Financial Officer | No | Yes | No | 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 | Disposition | 2016-06-21 | 15,981 | $1.79 | 21,157 | No | 4 | S | Indirect | Branton Partners LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | Branton Partners LLC |
Footnotes
- Prior Form 4s filed on behalf of Mr. Branton and Branton Partners LLC incorrectly reported the total number of shares of the issuer owned by Branton Partners LLC. The aggregate total reflected on Table I, Column 5 reflects the correct amount of securities beneficially owned by Branton Partners LLC.
- Various family entities, including Mr. Branton's spouse, children and trusts for the benefit of Mr. Branton's children beneficially own shares and warrants of the Company through Branton Partners, LLC, of which family trusts and entities beneficially own 100%.
- The securities were issues to Mr. Branton pursuant to the 2015 Incentive Compensation Plan of xG Technology, Inc (the "Company"). The securities were received in lieu of compensation for Mr. Branton's services to the Company.
Billionaire Hedge Funds
