Home > Insider Trading > Filing (0000899243-22-037239)

Filing Details

Accession Number:: 0000899243-22-037239
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-11-30 19:40:31
Reporting Period:: 2022-11-28

Accepted Time:: 2022-11-30 19:40:31
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
2186	Bk Technologies Corp	BKTI	Radio & Tv Broadcasting & Communications Equipment (3663)	593486297

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1187586	H Joseph Moglia	108 Gateway Boulevard, Suite 204 Mooresville NC 28117	No	No	Yes	No
1619991	Kyle Cerminara	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
1956319	Bk Technologies Holdings, Llc	108 Gateway Boulevard, 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 $0.60 Per Share	Acquisiton	2022-11-28	42,880	$2.75	1,587,318	No	4	P	Indirect	BK Technologies Holdings, LLC
Common Stock, Par Value $0.60 Per Share	Acquisiton	2022-11-29	7,120	$2.73	1,594,438	No	4	P	Indirect	BK Technologies Holdings, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	BK Technologies Holdings, LLC
No	4	P	Indirect	BK Technologies Holdings, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.60 Per Share	1,083,875	Indirect	Fundamental Global Holdings, LP

Footnotes

The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $2.655 to $2.75, inclusive. The Reporting Persons undertake to provide to the Company, any security holder of the Company or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth above.
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $2.68 to $2.78, inclusive. The Reporting Persons undertake to provide to the Company, any security holder of the Company or the staff of the SEC, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth above.
The funds managed by Fundamental Global GP, LLC ("FGGP") beneficially own in the aggregate 2,678,313 shares of Common Stock, which represent approximately 15.8% of the Company's outstanding shares of Common Stock. FGGP may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BK Technologies Holdings, LLC ("BKTH") and Fundamental Global Holdings, LP ("FGHP"). On August 1, 2021, the investment management agreements for FGI Global Asset Allocation Master Fund, LP ("FGGM") and Fundamental Global Capital Appreciation Fund, LP ("FGCA") were assigned to CW Institutional, LLC and EverStar Asset Management, LLC, respectively, and no Reporting Person has voting or investment power over the 106,383 and 8,710 shares of the Company's Common Stock that were previously reported by FGGM and FGCA, respectively.
Due to their positions with FGGP 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 BKTH 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. In addition, Mr. Moglia holds 845,813 shares of Common Stock indirectly through trusts, Moglia Capital, LLC and the Moglia Family Foundation. Mr. Cerminara also holds additional shares of Common Stock.
This amount includes the 1,544,438 shares previously reported as directly beneficially owned by BKTH. On January 6, 2022, BKTH transferred to Fundamental Activist Fund I, LP ("FAFI") the 1,544,438 shares that were contributed to BKTH on November 28, 2022. FAFI owns membership interests in BKTH and may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BKTH.