SEC Form 4 · accession 0001144204-15-032102
BALLANTYNE STRONG, INC. · BTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Joseph H Moglia
Director · 10% Owner
Fundamental Global Investors, LLC
Director · 10% Owner
Lewis M Johnson
Director · 10% Owner
Kyle Cerminara
Director · 10% Owner
Period of report
May 14, 2015
Accepted (ET)
May 18, 2015 · 5:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000946454
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F2 | May 14, 2015 | P | 7,000 | $4.60 | A | 1,297,823 | I | Fundamental Global Partners Master Fund, LP |
| Common Stock, par value $0.01 per shareF1,F2 | May 15, 2015 | P | 31,100 | $4.47 | A | 1,328,923 | I | Fundamental Global Partners Master Fund, LP |
| Common Stock, par value $0.01 per shareF1,F2 | May 16, 2015 | P | 15,600 | $4.50 | A | 1,344,523 | I | Fundamental Global Partners Master Fund, LP |
| Common Stock, par value $0.01 per shareF1,F2 | holding | — | — | — | 694,925 | I | Fundamental Global Partners, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Persons beneficially own in the aggregate 2,039,448 shares of Common Stock, which represents approximately 14.5% of the Company's outstanding shares of Common Stock. FG Partners GP, LLC (the "Master Fund General Partner"), as general partner to Fundamental Global Partners Master Fund, LP (the "Master Fund"), and Fundamental Global Investors, LLC (the "Investment Manager"), as the investment manager to the Master Fund, may be deemed to be beneficial owners of 1,344,523 shares of Common Stock that are directly owned by the Master Fund. Fundamental Global Partners GP, LLC (the "General Partner"), as general partner to Fundamental Global Partners, LP (the "Fund"), and the Investment Manager, as the investment manager to the Fund, may be deemed to be beneficial owners of 694,925 shares of Common Stock that are directly owned by the Fund.
- F2As principals of the General Partner, the Master Fund General Partner and/or the Investment Manager, 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 the Fund and the Master Fund. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein.