Schmitt George Frederick 4
4 · xG TECHNOLOGY, INC. · Filed Jul 10, 2018
Insider Transaction Report
Form 4
Schmitt George Frederick
Director10% Owner
Transactions
- Award
Common Stock
2018-06-14$0.75/sh+25,639$19,229→ 781,140 total - Award
Common Stock
2018-07-10$0.64/sh+3,852$2,465→ 784,992 total
Footnotes (2)
- [F1]The securities were issued to Mr. Schmitt pursuant to the 2016 Incentive Compensation Plan of xG Technology, Inc.
- [F2]The shares were received as compensation for Mr. Schmitt's service as a member of the Board of Directors of the Issuer for the 2nd quarter of fiscal year 2018, ending June 30, 2018.