SEC Form 4 · accession 0001493152-17-002050
BALLANTYNE STRONG, INC. · BTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen L. Schilling
Officer — President-Digital Media
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 1:06 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 StockF1 | Feb 28, 2017 | A | 10,000 | $0.00 | A | 27,492 | D | |
| Common Stock | holding | — | — | — | 200 | I | By Child |
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 | $6.50 | Feb 28, 2017 | A | 40,000 | A | — | Feb 28, 2027 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- 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.
- F2Stock 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.