SEC Form 3 · accession 0001493152-16-013775
BALLANTYNE STRONG, INC. · BTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan M. Burke
Officer — SVP & CFO
Period of report
Sep 29, 2016
Accepted (ET)
Oct 3, 2016 · 8:00 am 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 StockF1 | holding | — | — | — | 7,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2 | $4.33 | holding | — | — | — | — | Nov 22, 2025 | Common Stock | 10,000 | — | D |
Explanation of responses
- F1Includes 3,750 restricted stock units ("RSUs") granted under the Company's 2010 Long-Term Incentive Plan. RSUs fully vest on August 21, 2018, the fourth anniversary of the grant date, subject to continued employment, with an opportunity for 1,875 RSUs to vest on August 21, 2017 based upon predetermined criteria. Upon vesting, RSUs will be settled in shares of common stock on a one-for-one basis.
- F2Stock Options granted under the Company's 2010 Long-Term Incentive Plan on November 22, 2015. Stock Options vest and become exercisable 1/5 each year beginning on the first anniversary of the grant date.