Filing Details

Accession Number:
0000899243-22-022737
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-16 13:28:59
Reporting Period:
2022-06-15
Accepted Time:
2022-06-16 13:28:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
946454 Ballantyne Strong Inc. BTN Photographic Equipment & Supplies (3861) 470587703
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1187586 H Joseph Moglia C/O Fundamental Global Gp, Llc
108 Gateway Boulevard, Suite 204
Mooresville NC 28117
No No Yes No
1619991 Kyle Cerminara C/O Fundamental Global Gp, Llc
108 Gateway Boulevard, Suite 204
Mooresville NC 28117
Yes No Yes No
1878780 Fundamental Global Gp, Llc 108 Gateway Blvd., Suite 204
Mooresville NC 28117
No 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 $0.01 Per Share Acquisiton 2022-06-15 19,582 $2.52 4,051,416 No 4 P Indirect FUNDAMENTAL ACTIVIST FUND I, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 $0.01 Per Share 853,619 Indirect FUNDAMENTAL GLOBAL HOLDINGS, LP
Footnotes
  1. The funds managed by Fundamental Global GP, LLC beneficially own in the aggregate 4,905,035 shares of Common Stock, which represent approximately 25.5% of the Company's outstanding shares of Common Stock. Fundamental Global GP, LLC may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by Fundamental Activist Fund I, LP ("FAFI") and Fundamental Global Holdings, LP ("FGHP").
  2. Due to their positions with Fundamental Global GP, LLC and affiliated entities, Messrs. D. Kyle Cerminara and Joseph H. Moglia may be deemed to be beneficial owners of the shares of Common Stock disclosed as directly owned by FAFI and FGHP. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein.
  3. Mr. Moglia holds 636,291 shares of Common Stock directly and through the Moglia Family Foundation and trusts. Mr. Cerminara also holds additional shares of Common Stock.