Schmitt George Frederick 4
4 · xG TECHNOLOGY, INC. · Filed Nov 28, 2017
Insider Transaction Report
Form 4
Schmitt George Frederick
Director10% Owner
Transactions
- Other
Common Stock
2017-10-12$1.62/sh+154,321$250,000→ 482,483 total(indirect: By LLC)
Footnotes (1)
- [F1]Mr. Schmitt is a 36.84% interest holder of MB Technology Holdings, LLC ("MBTH"). MBTH acquired the 154,321 shares of the Company's common stock disclosed above upon exercising a warrant to purchase common stock in an amount equal to $250,000 at an exercise price of $1.62 per share.