4//SEC Filing
PAYNE JOHN BAYLY IV 4
Accession 0001144204-18-029320
CIK 0001565228other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 6:51 PM ET
Size
7.3 KB
Accession
0001144204-18-029320
Insider Transaction Report
Form 4
xG TECHNOLOGY, INC.[XGTI]
PAYNE JOHN BAYLY IV
President
Transactions
- Award
Options
2017-03-24+0→ 100,000 totalExercise: $1.55Exp: 2027-03-24→ Common Stock (100,000 underlying) - Award
Common Stock
2018-03-24$1.55/sh+50,000$77,500→ 125,000 total
Footnotes (2)
- [F1]These shares of common stock relate to certain option granted on March 24, 2017 that have now vested. A description of the option is set forth in Footnote 2 below.
- [F2]These options were granted on March 24, 2017. The options vest over three years with 50,000 shares subject to the options vesting on the first anniversary of the grant, 50,000 vesting on the second anniversary of the grant, and 50,000 vesting on the third anniversary of the grant, until fully vested on March 24, 2020. A portion of the options have vested as noted in Footnote 1.
Documents
Issuer
xG TECHNOLOGY, INC.
CIK 0001565228
Entity typeother
Related Parties
1- filerCIK 0001666775
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 6:51 PM ET
- Size
- 7.3 KB