SEC Form 4 · accession 0001144204-15-071802
BK Technologies Corp · BKTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
BALLANTYNE STRONG, INC.
10% Owner
Joseph H Moglia
10% Owner
Fundamental Global Investors, LLC
Director · 10% Owner
Lewis M Johnson
10% Owner
Kyle Cerminara
Director · 10% Owner
Period of report
Dec 16, 2015
Accepted (ET)
Dec 18, 2015 · 8:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000002186
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F1,F2 | Dec 16, 2015 | P | 72,600 | $3.70 | A | 670,390 | I | Fundamental Global Partners, LP |
| Common StockF3,F1,F2 | Dec 16, 2015 | P | 290,400 | $3.70 | A | 1,518,871 | I | Fundamental Global Partners Master Fund, LP |
| Common StockF3,F1,F2 | Dec 17, 2015 | P | 9,750 | $3.70 | A | 680,140 | I | Fundamental Global Partners, LP |
| Common StockF3,F1,F2 | Dec 17, 2015 | P | 22,750 | $3.70 | A | 1,541,621 | I | Fundamental Global Partners Master Fund, LP |
| Common StockF3,F1,F2 | Dec 16, 2015 | P | 895,245 | $3.70 | A | 895,245 | I | Ballantyne Strong, Inc. |
| Common StockF3,F1,F2 | Dec 17, 2015 | P | 171,421 | $3.70 | A | 1,066,666 | I | Ballantyne Strong, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Persons beneficially own in the aggregate 3,645,303 shares of Common Stock, which represents approximately 26.6% of the Company's outstanding shares of Common Stock. Fundamental Global Investors, LLC may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by Fundamental Global Partners, LP ("FGPP"), Fundamental Global Partners Master Fund, LP ("FGPM") and Ballantyne Strong, Inc. ("BTN").
- F2Due to their positions with Fundamental Global Investors, LLC and affiliated entities, Messrs. D. Kyle Cerminara, Lewis M. Johnson and Joseph H. Moglia may be deemed to be beneficial owners of the shares of Common Stock disclosed as directly owned by FGPP and the FGPM. Due to his positions with BTN, Fundamental Global Investors, LLC and affiliated entities, Mr. Cerminara may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by BTN. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein.
- F3Does not reflect broker commission of $0.05 per share.