4//SEC Filing
Fundamental Global Investors, LLC 4
Accession 0000899243-21-030006
CIK 0000002186other
Filed
Jul 25, 8:00 PM ET
Accepted
Jul 26, 8:30 PM ET
Size
14.2 KB
Accession
0000899243-21-030006
Insider Transaction Report
Form 4
Johnson Lewis M
10% Owner
Transactions
- Sale
Common Stock, par value $0.60 per share
2021-07-22$3.17/sh−630,915$2,000,001→ 1,544,438 total(indirect: By LLC)
Holdings
- 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)
Common Stock, par value $0.60 per share
- 8,710(indirect: Fundamental Global Capital Appreciation Fund, LP)
Common Stock, par value $0.60 per share
Fundamental Global Investors, LLC
10% Owner
Transactions
- Sale
Common Stock, par value $0.60 per share
2021-07-22$3.17/sh−630,915$2,000,001→ 1,544,438 total(indirect: By LLC)
Holdings
- 8,710(indirect: Fundamental Global Capital Appreciation 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)
Common Stock, par value $0.60 per share
MOGLIA JOSEPH H
10% Owner
Transactions
- Sale
Common Stock, par value $0.60 per share
2021-07-22$3.17/sh−630,915$2,000,001→ 1,544,438 total(indirect: By LLC)
Holdings
- 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)
Common Stock, par value $0.60 per share
- 8,710(indirect: Fundamental Global Capital Appreciation Fund, LP)
Common Stock, par value $0.60 per share
Cerminara Kyle
10% Owner
Transactions
- Sale
Common Stock, par value $0.60 per share
2021-07-22$3.17/sh−630,915$2,000,001→ 1,544,438 total(indirect: By LLC)
Holdings
- 1,083,875(indirect: Fundamental Global Holdings, LP)
Common Stock, par value $0.60 per share
- 8,710(indirect: Fundamental Global Capital Appreciation Fund, LP)
Common Stock, par value $0.60 per share
- 106,383(indirect: FGI Global Asset Allocation Master Fund, LP)
Common Stock, par value $0.60 per share
Footnotes (3)
- [F1]Includes (i) 763,597 shares of common stock, par value $0.60 per share (the "common stock"), of BK Technologies Corp (the "Company") transferred to BK Technologies Holdings, LLC ("BKTH") from Fundamental Activist Fund I, LP on July 22, 2021 and (ii) 1,411,756 shares of common stock transferred to BKTH from Fundamental Global Partners Master Fund, LP on July 22, 2021. Such transfers were exempt from Section 16 pursuant to Rule 16a-13.
- [F2]The funds managed by Fundamental Global Investors, LLC beneficially own in the aggregate 2,743,406 shares of common stock, which represents approximately 16.3% of the Company's outstanding shares of common stock, as calculated based on public filings made by the Company with the Securities and Exchange Commission. Fundamental Global Investors, LLC may be deemed to be a beneficial owner of the shares of common stock that are directly owned by BKTH, FGI Global Asset Allocation Master Fund, LP ("FGGM"), Fundamental Global Holdings, LP ("FGHP"), and Fundamental Global Capital Appreciation Fund, LP ("FGCA").
- [F3]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 BKTH, FGGM, FGHP, and FGCA. 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 directly holds 15,062 shares of common stock and 24,505 restricted stock units, which were received as director compensation. Mr. Johnson directly holds 39,567 shares of common stock. In addition, each of Messrs. Cerminara and Johnson holds stock options to purchase 10,000 and 5,000 shares of common stock, respectively.
Documents
Issuer
BK Technologies Corp
CIK 0000002186
Entity typeother
IncorporatedNC
Related Parties
1- filerCIK 0001591508
Filing Metadata
- Form type
- 4
- Filed
- Jul 25, 8:00 PM ET
- Accepted
- Jul 26, 8:30 PM ET
- Size
- 14.2 KB