Filing Details
- Accession Number:
- 0001144204-14-071696
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-12-01 20:10:14
- Reporting Period:
- 2014-11-26
- Filing Date:
- 2014-12-01
- Accepted Time:
- 2014-12-01 20:10:14
- 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 | 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.
- Mr. Branton owns shares, options and warrants of the Company through MB Merchant Group, LLC, of which he beneficially owns 20%, which in turn is a 45.2% owner of MBTH.
Billionaire Hedge Funds
