Statement of Changes in Beneficial Ownership (4)
November 19 2012 - 5:36PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
SASSOWER PHILIP S
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2. Issuer Name
and
Ticker or Trading Symbol
XPLORE TECHNOLOGIES CORP
[
XPLR
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
__
X
__ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Chairman & CEO
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(Last)
(First)
(Middle)
110 EAST 59TH STREET, SUITE 1901
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3. Date of Earliest Transaction
(MM/DD/YYYY)
11/16/2012
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(Street)
NEW YORK, NY 10022
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
_
X
_ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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11/16/2012
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P
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10462
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A
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$3.698
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648305
(1)
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D
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Common Stock
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11/19/2012
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P
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5426
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A
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$3.60
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653731
(1)
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D
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Common Stock
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11/19/2012
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P
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0
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A
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$0
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2965564
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I
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See Footnote
(1)
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Explanation of Responses:
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(
1)
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Includes shares held of record by Phoenix Venture Fund LLC ("Phoenix") (1,781,071), Phoenix Enterprises Family Fund, LLC ("PEFF")(338,639) and SG Phoenix LLC ("SG")(24,524). Also includes (i) warrants to purchase shares of common stock exercisable within 60 days after November 16, 2012 held by Phoenix (86,000), Mr. Sassower (28,625), PEFF (23,048) and SG (26,875) and (ii) options to purchase shares of common stock exercisable with 60 days after November 16, 2012 held by Mr. Sassower (3,051). Mr. Sassower is the sole managing member of PEFF and a co-manager of Phoenix and SG, entities in which Mr. Sassower shares voting and dispositive power with another co-manager. Mr. Sassower disclaims any beneficial ownership of the shares held by PEFF, Phoenix and SG except to the extent of his pecuniary interest, if any, in such shares.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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SASSOWER PHILIP S
110 EAST 59TH STREET, SUITE 1901
NEW YORK, NY 10022
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X
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X
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Chairman & CEO
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Phoenix Venture Fund LLC
110 EAST 59TH STREET, SUITE 1901
NEW YORK, NY 10022
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X
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Phoenix Enterprises Family Fund, LLC
110 EAST 59TH STREET, SUITE 1901
NEW YORK, NY 10022
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Related Party
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SG Phoenix LLC
110 EAST 59TH STREET, SUITE 1901
NEW YORK, NY 10022
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Related Party
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Signatures
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/s/ Philip S. Sassower
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11/19/2012
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**
Signature of Reporting Person
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Date
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/s/ Phoenix Venture Fund LLC
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11/19/2012
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**
Signature of Reporting Person
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Date
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/s/ Phoenix Enterprises Family Fund, LLC
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11/19/2012
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**
Signature of Reporting Person
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Date
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/s/ SG Phoenix LLC
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11/19/2012
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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