GOLDSTIN FRANK 4
4 · XA, INC. · Filed Sep 7, 2005
Insider Transaction Report
Form 4
XA, INC.XAIN
GOLDSTIN FRANK
Director10% OwnerOther
Transactions
- Sale
Common Stock
2005-09-06$0.45/sh−4,000$1,800→ 1,574,032 total - Sale
Common Stock
2005-06-08$0.58/sh−1,000$580→ 1,583,032 total - Sale
Common Stock
2005-09-01$0.45/sh−5,000$2,250→ 1,578,032 total
Footnotes (2)
- [F1]This Form 4 reports 1,000 shares sold by Mr. Goldstin on June 8, 2005, which sale was not previously reported on any of Mr. Goldstin's previous Form 4 filings. Mr. Goldstin held 1,603,032 shares of the Registrant's common stock as of June 30, 2005, 1,594,032 shares of the Registrant's common stock as of July 31, 2005 and 1,583,032 shares of the Registrant's common stock as of August 31, 2005.
- [F2]Does not include Mr. Goldstin's ownership of one (1) of the Registrant's three (3) outstanding shares of Series A Preferred Stock. The three (3) shares of Series A Preferred Stock have the right, voting in aggregate, to vote on all shareholder matters equal to fifty-one percent (51%) of the total vote. (For example, if there are 10,000,000 shares of the Registrant's commons stock issued and outstanding at the time of a shareholder vote, the holders of Series A Preferred Stock, voting separately as a class, will have the right to vote an aggregate of 10,400,000 shares, out of a total number of 20,400,000 shares voting).