SEC Form 4 · accession 0001654954-18-009967
BK Technologies Corp · BKTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E. Gray Payne
Director
Period of report
Sep 6, 2018
Accepted (ET)
Sep 7, 2018 · 2:42 pm 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,F2 | Sep 6, 2018 | A | 5,063 | $0.00 | A | 26,021 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of restricted stock units (RSUs) under the 2017 Incentive Compensation Plan. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest in 20% equal annual installments on the first, second, third, fourth and fifth anniversaries of the grant date, subject to the Reporting Person's continued service as a director of the Issuer through such date.
- F2Includes 5,479 RSUs that vest in full 12 months after the grant date of June 4, 2018, subject to the Reporting Person's continued service as a director of the Issuer through such date.