SEC Form 4 · accession 0001654954-17-005662
BK Technologies Corp · BKTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kyle Cerminara
Director · 10% Owner
Period of report
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 9:09 am EDT
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 Stock, par value $0.60 per shareF1 | Jun 15, 2017 | A | 5,479 | $0.00 | A | 5,479 | D | |
| Common Stock, par value $0.60 per shareF2 | holding | — | — | — | 2,328,144 | I | Fundamental Global | |
| Common Stock, par value $0.60 per shareF3 | holding | — | — | — | 1,147,087 | I | Ballantyne Strong, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of restricted stock units under the RELM Wireless Corporation 2017 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in full 12 months after the grant date, subject to the Reporting Person's continued service as a director of the Issuer through such date.
- F2Held by the Fundamental Global entities. Due to his positions with Fundamental Global Investors, LLC and other Fundamental Global entities, Mr. Cerminara may be deemed to be a beneficial owner of Common Stock held by Fundamental Global. Mr. Cerminara disclaims any beneficial ownership of the shares referenced to herein except to the extent of his pecuniary interest therein.
- F3Held by Ballantyne Strong, Inc. ("BTN"). Due to his positions with BTN, Mr. Cerminara may be deemed to be a beneficial owner of Common Stock held by BTN. Mr. Cerminara disclaims any beneficial ownership of the shares referenced to herein except to the extent of his pecuniary interest therein.