Home > Insider Trading > Filing (0000899243-22-023032)

Filing Details

Accession Number:: 0000899243-22-023032
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-06-17 14:28:05
Reporting Period:: 2022-06-16

Accepted Time:: 2022-06-17 14:28:05
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1591890	Fg Financial Group Inc.	FGF	Photographic Equipment & Supplies (3861)	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
946454	Ballantyne Strong, Inc.	4201 Congress Street Suite 175 Charlotte NC 28209	No	No	Yes	No
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

Show Other Fields >>

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	2022-06-16	632,911	$1.58	2,049,985	No	4	P	Indirect	FUNDAMENTAL ACTIVIST FUND I, LP
Common Stock, Par Value $0.01 Per Share	Acquisiton	2022-06-16	1,265,822	$1.58	2,904,231	No	4	P	Indirect	BALLANTYNE STRONG, INC.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	FUNDAMENTAL ACTIVIST FUND I, LP
No	4	P	Indirect	BALLANTYNE STRONG, INC.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
8.00% Cumulative Preferred Stock, Series A, $25.00 Par Value	8,973	Indirect	FUNDAMENTAL ACTIVIST FUND I, LP
Common Stock, Par Value $0.01 Per Share	1,417,074	Indirect	FUNDAMENTAL ACTIVIST FUND I, LP
Common Stock, Par Value $0.01 Per Share	477,282	Indirect	FGI 1347 HOLDINGS, LP

Footnotes

The Reporting Persons beneficially own in the aggregate 5,431,498 shares of Common Stock, which represent approximately 58.5% 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 FGI 1347 Holdings, LP ("FGIH"). Mr. Cerminara holds 16,925 shares of Common Stock and restricted stock units representing the right to receive 29,716 shares of Common Stock upon vesting.
The 628,875 shares of Common Stock and 8,973 shares of Preferred Stock, as previously reported by Fundamental Global Partners Master Fund, LP ("FGPM"), were transferred to FAFI. FGPM is in the process of being dissolved, and the transfer did not result in a change in beneficial ownership because both funds shared a common investment manager.
The Reporting Persons beneficially own in the aggregate 8,973 shares of Preferred Stock. Fundamental Global GP, LLC may be deemed to be a beneficial owner of the shares of Preferred Stock that are directly owned by FAFI. In addition, Mr. Cerminara owns 44 shares of Preferred Stock in a joint account with his spouse.
Due to their positions with Fundamental Global GP, LLC and affiliated entities, Messrs. 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 FGIH and the shares of Preferred Stock disclosed as directly owned by FAFI. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein.