Filing Details
- Accession Number:
- 0001144204-17-032582
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-06-14 17:19:37
- Reporting Period:
- 2017-06-12
- Filing Date:
- 2017-06-14
- Accepted Time:
- 2017-06-14 17:19:37
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 350868 | Iteris Inc. | ITI | Radio & Tv Broadcasting & Communications Equipment (3663) | NV |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 2186 | Relm Wireless Corp | 7100 Technology Drive West Melbourne FL 32904 | Yes | No | No | No | |
| 1187586 | H Joseph Moglia | C/O Fundamental Global Investors, Llc 4201 Congress Street, Suite 140 Charlotte NC 28209 | No | No | No | Yes | |
| 1591508 | Fundamental Global Investors, Llc | 4201 Congress Street, Suite 140 Charlotte NC 28209 | Yes | No | No | No | |
| 1619951 | M Lewis Johnson | C/O Fundamental Global Investors, Llc 4201 Congress Street, Suite 140 Charlotte NC 28209 | No | No | No | Yes | |
| 1619991 | Kyle Cerminara | C/O Fundamental Global Investors, Llc 4201 Congress Street, Suite 140 Charlotte NC 28209 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.10 Per Share | Disposition | 2017-06-12 | 90,480 | $5.50 | 357,087 | No | 4 | S | Indirect | Fundamental Global Partners Master Fund, LP |
| Common Stock, Par Value $0.10 Per Share | Disposition | 2017-06-12 | 94,220 | $5.50 | 280,258 | No | 4 | S | Indirect | Fundamental Global Partners, LP |
| Common Stock, Par Value $0.10 Per Share | Disposition | 2017-06-12 | 135,800 | $5.50 | 1,642,349 | No | 4 | S | Indirect | RELM Wireless Corporation |
| Common Stock, Par Value $0.10 Per Share | Disposition | 2017-06-13 | 18,270 | $5.47 | 338,817 | No | 4 | S | Indirect | Fundamental Global Partners Master Fund, LP |
| Common Stock, Par Value $0.10 Per Share | Disposition | 2017-06-13 | 19,027 | $5.47 | 261,231 | No | 4 | S | Indirect | Fundamental Global Partners, LP |
| Common Stock, Par Value $0.10 Per Share | Disposition | 2017-06-13 | 27,421 | $5.47 | 1,614,928 | No | 4 | S | Indirect | RELM Wireless Corporation |
| Common Stock, Par Value $0.10 Per Share | Disposition | 2017-06-14 | 88,028 | $0.00 | 250,789 | No | 4 | J | Indirect | Fundamental Global Partners Master Fund, LP |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | Fundamental Global Partners Master Fund, LP |
| No | 4 | S | Indirect | Fundamental Global Partners, LP |
| No | 4 | S | Indirect | RELM Wireless Corporation |
| No | 4 | S | Indirect | Fundamental Global Partners Master Fund, LP |
| No | 4 | S | Indirect | Fundamental Global Partners, LP |
| No | 4 | S | Indirect | RELM Wireless Corporation |
| No | 4 | J | Indirect | Fundamental Global Partners Master Fund, LP |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock, Par Value $0.10 Per Share | 10,751 | Direct |
Footnotes
- The Reporting Persons beneficially own in the aggregate 2,126,948 shares of Common Stock, which represent approximately 6.5% of the Company's outstanding shares of Common Stock. In addition, CWA Asset Management Group, LLC holds 16,050 shares of Common Stock for the accounts of individual investors, which represent approximately 0.5% of the Company's outstanding shares of Common Stock, and Mr. D. Kyle Cerminara, who serves on the Board of Directors of the Company, holds 2,605 shares of Common Stock and 8,146 RSUs granted to him as director compensation. The RSUs vest in full on March 3, 2018, subject to continued service. 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") and RELM Wireless Corporation ("RWC").
- Due to their positions with Fundamental Global Investors, LLC and affiliated entities, Messrs. 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 and FGPM. Due to their positions with RWC, Fundamental Global Investors, LLC and affiliated entities, Messrs. Cerminara and Johnson may be deemed to be a beneficial owners of the shares of Common Stock disclosed as directly owned by RWC. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein.
- Withdrawal and redemption in-kind from FGPM to a limited partner.
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