SEC Form 4 · accession 0001493152-17-002049

BALLANTYNE STRONG, INC. · BTN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO and Chairman · Director · 10% Owner

Period of report

Feb 28, 2017

Accepted (ET)

Mar 2, 2017 · 1:05 pm EST

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^F1	Feb 28, 2017	A	60,000	$0.00	A	182,728	D
Common Stock	holding	—	—		—	11,220	I	By Spouse
Common Stock	holding	—	—		—	3,220	I	By Minor Children
Common Stock	holding	—	—		—	4,220	I	By Minor Children
Common Stock^F2	holding	—	—		—	2,324,048	I	Fundamental Global

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (Right to Buy)^F3	$6.50	Feb 28, 2017	A	60,000	A	—	Feb 28, 2027	Common Stock	60,000	60,000	D

F1Restricted Stock granted under the Company's 2010 Long-Term Incentive Plan. Restricted Stock vests 1/3 each year beginning on the first anniversary of the grant date, subject to continued employment with the Company.
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 the shares of Common Stock held by Fundamental Global. Mr. Cerminara disclaims beneficial ownership of the shares referred to herein except to the extent of his pecuniary interest therein.
F3Stock Options granted under the Company's 2010 Long-Term Incentive Plan. Stock Options become exercisable 1/5 each year beginning on the first anniversary of the grant date.