SEC Form 4 · accession 0001493152-18-001186
BALLANTYNE STRONG, INC. · BTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance V. Schulz
Officer — CFO
Period of report
Jan 26, 2018
Accepted (ET)
Jan 29, 2018 · 4:15 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 | Jan 26, 2018 | A | 40,000 | $0.00 | A | 40,000 | 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)F3 | $4.70 | Jan 26, 2018 | A | 50,000 | A | — | Jan 26, 2028 | Common Stock | 50,000 | 50,000 | D |
| Stock Options (Right to Buy)F2 | $6.30 | holding | — | — | — | — | Apr 7, 2027 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1Restricted stock units granted pursuant to the 2017 Omnibus Equity Compensation Plan. RSUs will vest 1/3 each year beginning on the first anniversary of the grant date, January 26, 2018.
- F2Stock Options granted under the Company's 2010 Long-Term Incentive Plan. Stock Options become exercisable 1/4 each year beginning on the first anniversary of the grant date, April 7, 2017.
- F3Stock Options granted under the Company's 2017 Omnibus Equity Compensation Plan. Stock Options become exercisable 1/5 each year beginning on the first anniversary of the grant date, January 26, 2018.