SEC Form 4 · accession 0001144204-16-107925
BALLANTYNE STRONG, INC. · BTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Joseph H Moglia
10% Owner
Fundamental Global Investors, LLC
Director · 10% Owner
Lewis M Johnson
Director · 10% Owner
Kyle Cerminara
Officer — Executive Chairman and CEO · Director · 10% Owner
Period of report
Jun 9, 2016
Accepted (ET)
Jun 10, 2016 · 6:07 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 | Jun 10, 2016 | P | 400 | $5.66 | A | 59,639 | I | FGI Global Asset Allocation Master Fund, LP |
| Common Stock, par value $0.01 per shareF1,F2 | Jun 10, 2016 | P | 100 | $5.67 | A | 59,739 | I | FGI Global Asset Allocation Master Fund, LP |
| Common Stock, par value $0.01 per shareF1,F2 | Jun 10, 2016 | P | 200 | $5.68 | A | 59,939 | I | FGI Global Asset Allocation Master Fund, LP |
| Common Stock, par value $0.01 per shareF1,F2 | Jun 10, 2016 | P | 300 | $5.69 | A | 60,239 | I | FGI Global Asset Allocation Master Fund, LP |
| Common Stock, par value $0.01 per shareF1,F2 | holding | — | — | — | 34,911 | I | FGI Global Asset Allocation Fund, Ltd. | |
| Common Stock, par value $0.01 per shareF1,F2 | holding | — | — | — | 745,561 | I | Fundamental Global Partners, LP | |
| Common Stock, par value $0.01 per shareF1,F2 | holding | — | — | — | 1,477,837 | I | Fundamental Global Partners Master Fund, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Persons beneficially own in the aggregate 2,318,548 shares of Common Stock, which represents approximately 16.3% 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"), FGI Global Asset Allocation Fund, Ltd. ("FGAA") and FGI Global Asset Allocation Master Fund, LP ("FGGM").
- 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, FGPM, FGAA and FGGM. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein.