Filing Details

Accession Number:
0001144204-18-049081
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-09-11 19:59:21
Reporting Period:
2018-09-09
Accepted Time:
2018-09-11 19:59:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
2186 Bk Technologies Inc. BKTI Radio & Tv Broadcasting & Communications Equipment (3663) 593486297
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
946454 Ballantyne Strong, Inc. 11422 Miracle Hills Drive
Suite 300
Omaha NE 68154
Yes No Yes 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 Yes No
1619951 M Lewis Johnson C/O Fundamental Global Investors, Llc
4201 Congress Street, Suite 140
Charlotte NC 28209
Yes No Yes No
1619991 Kyle Cerminara C/O Fundamental Global Investors, Llc
4201 Congress Street, Suite 140
Charlotte NC 28209
Yes No Yes 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 $0.60 Per Share Disposition 2018-09-09 1,147,087 $3.95 0 No 4 S Indirect Ballantyne Strong, Inc.
Common Stock, Par Value $0.60 Per Share Acquisiton 2018-09-09 692,534 $3.95 697,230 No 4 P Indirect Fundamental Activist Fund I, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Ballantyne Strong, Inc.
No 4 P Indirect Fundamental Activist Fund I, LP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.60 Per Share 1,137,886 Indirect Fundamental Global Partners Master Fund, LP
Common Stock, Par Value $0.60 Per Share 1,083,875 Indirect Fundamental Global Holdings, LP
Common Stock, Par Value $0.60 Per Share 106,383 Indirect FGI Global Asset Allocation Master Fund, LP
Footnotes
  1. The funds managed by Fundamental Global Investors, LLC beneficially own in the aggregate 3,025,374 shares of Common Stock, which represent approximately 22.4% of the Company's outstanding shares of Common Stock. 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 Master Fund, LP ("FGPM"), FGI Global Asset Allocation Master Fund, LP ("FGGM"), Fundamental Global Holdings, LP ("FGHP"), and Fundamental Activist Fund I, LP ("FAFI"). In addition, CWA Asset Management Group, LLC, of which 50% is owned by Fundamental Global Investors, LLC, holds 975,943 shares of Common Stock (excluding Mr. Moglia's shares held in CWA accounts) for accounts of individual investors, which represent approximately 7.2% of the Company's outstanding shares of Common Stock.
  2. Due to their positions with Fundamental Global Investors, LLC and affiliated entities, Messrs. D. Kyle 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 FGPM, FGGM, FGHP and FAFI. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein. In addition, Mr. Moglia holds 817,131 shares of Common Stock directly and through trusts and the Moglia Family Foundation. Each of Messrs. Cerminara and Johnson directly holds 5,479 shares of Common Stock and 10,542 restricted stock units, in each case received as director compensation. In addition, Messrs. Cerminara and Johnson hold stock options to purchase 10,000 and 5,000 shares of Common Stock, respectively.