X0306 4 2015-04-20 0 0001565228 xG TECHNOLOGY, INC. XGTI 0001582449 Branton Roger G 240 S PINEAPPLE AVE, STE 701 SARASOTA FL 34236 0 1 0 0 Chief Financial Officer Common Stock 2015-04-20 4 J 0 131343 0.28 A 10377574 I By MB Technology Holdings, LLC Common Stock 2015-04-22 4 A 0 45252 0.25 A 124771 I Branton Partners LLC MB Technology Holdings, LLC ("MBTH") acquired shares of xG Technology, Inc. (the "Company"), from Wennberg Industries, in exchange for shares of MBTH, at a valuation of $0.28 of MBTH shares per share of the Company acquired. Mr. Branton owns shares, options and warrants of the Registrant, through MB Merchant Group, LLC, of which he beneficially owns 20%, which in turn is a 47.6% owner of MBTH. The securities were issued to Mr. Branton pursuant to the Company's 2013 Long-Term Stock Incentive Plan. Various family entities, including Mr. Branton's spouse, children and trusts for the benefit of Mr. Branton's children beneficially own shares and warrants of the Company through Branton Partners, LLC, of which family trusts and entities beneficially own 100%. /s/ Roger Branton 2015-04-23