X0306 4 2017-03-24 0 0001565228 xG TECHNOLOGY, INC. XGTI 0001582449 Branton Roger G 240 SOUTH PINEAPPLE AVENUE SUITE 701 SARASOTA FL 34236 0 1 0 0 Chief Financial Officer Common Stock 2018-03-24 4 A 0 50000 1.55 A 350209 D Options 1.55 2017-03-24 4 A 0 0 0 A 2027-03-24 Common Stock 100000 100000 D 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. 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. /s/ Roger Branton 2018-05-16