SEC Form 4 · accession 0001493152-18-012583
FG Nexus Inc. · FGNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lewis M Johnson
Director · 10% Owner
Period of report
Aug 22, 2018
Accepted (ET)
Aug 24, 2018 · 5:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001591890
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 22, 2018 | A | 5,714 | $0.00 | A | 13,933 | D | |
| Common Stock, $0.001 par value | holding | — | — | — | 780 | I | By IRA | |
| Common Stock, $0.001 par value | holding | — | — | — | 1,000 | I | By Roth IRA | |
| Common Stock, $0.001 par valueF3 | holding | — | — | — | 1,675,953 | I | Fundamental Global | |
| Common Stock, $0.001 par valueF4 | holding | — | — | — | 1,038,409 | I | Ballantyne Strong, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units ("RSUs") granted under the 2018 Equity Incentive Plan as director compensation. RSUs vest in five annual equal installments, subject to continued service with the Company, beginning on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of common stock of the Company.
- F2Includes 6,666 RSUs granted on December 15, 2017 under the Amended and Restated 2014 Equity Incentive Plan pursuant to the share-matching program. RSUs vest in five annual equal installments, subject to continued service with the Company, beginning on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of common stock of the Company. No RSUs have vested for the reporting person as of the date of this filing.
- F3Held by the Fundamental Global entities. Due to his positions with Fundamental Global Investors, LLC and other Fundamental Global entities, Mr. Johnson may be deemed to be a beneficial owner of Common Stock held by Fundamental Global. Mr. Johnson disclaims any beneficial ownership of the shares referenced to herein except to the extent of his pecuniary interest therein.
- F4Held by Ballantyne Strong, Inc. ("BTN"). Due to his positions with BTN, Fundamental Global Investors, LLC and affiliated entities, Mr. Johnson may be deemed to be a beneficial owner of Common Stock held by BTN. Mr. Johnson disclaims any beneficial ownership of the shares referenced to herein except to the extent of his pecuniary interest therein.