4//SEC Filing
Cerminara Kyle 4
Accession 0000899243-22-038833
CIK 0000946454other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 4:54 PM ET
Size
14.3 KB
Accession
0000899243-22-038833
Insider Transaction Report
Form 4
Fundamental Global GP, LLC
10% Owner
Transactions
- Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2022-12-14$2.75/sh+3,876$10,659→ 4,244,914 total(indirect: By LLC) - Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2022-12-15$2.71/sh+16,920$45,853→ 4,261,834 total(indirect: By LLC)
Holdings
- 853,619(indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
Cerminara Kyle
10% Owner
Transactions
- Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2022-12-14$2.75/sh+3,876$10,659→ 4,244,914 total(indirect: By LLC) - Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2022-12-15$2.71/sh+16,920$45,853→ 4,261,834 total(indirect: By LLC)
Holdings
- 853,619(indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
MOGLIA JOSEPH H
10% Owner
Transactions
- Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2022-12-14$2.75/sh+3,876$10,659→ 4,244,914 total(indirect: By LLC) - Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2022-12-15$2.71/sh+16,920$45,853→ 4,261,834 total(indirect: By LLC)
Holdings
- 853,619(indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
Ballantyne Strong Holdings, LLC
10% Owner
Transactions
- Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2022-12-14$2.75/sh+3,876$10,659→ 4,244,914 total(indirect: By LLC) - Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2022-12-15$2.71/sh+16,920$45,853→ 4,261,834 total(indirect: By LLC)
Holdings
- 853,619(indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
Footnotes (5)
- [F1]Fundamental Activist Fund I, LP owns membership interests in Ballantyne Strong Holdings, LLC ("BTN Holdings") and may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BTN Holdings.
- [F2]The funds managed by Fundamental Global GP, LLC ("FGGP") beneficially own in the aggregate 5,115,453 shares of Common Stock, which represent approximately 26.3% 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 BTN Holdings and Fundamental Global Holdings, LP ("FGHP").
- [F3]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 BTN Holdings 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.
- [F4]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.
- [F5]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $2.54 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, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth above.
Documents
Issuer
BALLANTYNE STRONG, INC.
CIK 0000946454
Entity typeother
Related Parties
1- filerCIK 0001619991
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 4:54 PM ET
- Size
- 14.3 KB