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
- 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.
- 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.