Home/Filings/4/0001420506-20-001139

4//SEC Filing

Fundamental Global Investors, LLC 4

Accession 0001420506-20-001139

CIK 0000946454other

View on SEC.gov Company Profile

Filed

Nov 3, 7:00 PM ET

Accepted

Nov 4, 7:08 PM ET

Size

25.2 KB

Accession

0001420506-20-001139

Insider Transaction Report

Form 4

Period: 2020-11-02

BALLANTYNE STRONG, INC.BTN

MOGLIA JOSEPH H

10% Owner

Transactions

Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-03$1.59/sh+2,712$4,303→ 223,401 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-04$1.52/sh+3,713$5,646→ 2,105,234 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-02$1.60/sh+3,555$5,695→ 2,096,484 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-03$1.59/sh+5,037$7,992→ 2,101,521 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-02$1.60/sh+1,914$3,066→ 220,689 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-04$1.52/sh+2,000$3,041→ 225,401 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)

Holdings

COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL GLOBAL CAPITAL APPRECIATION FUND, LP)
24,300
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FGI GLOBAL ASSET ALLOCATION FUND, LTD.)
34,911
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
853,619
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL ACTIVIST FUND I, LP)
1,793,591

Cerminara Kyle

10% Owner

Transactions

Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-02$1.60/sh+3,555$5,695→ 2,096,484 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-04$1.52/sh+3,713$5,646→ 2,105,234 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-02$1.60/sh+1,914$3,066→ 220,689 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-03$1.59/sh+5,037$7,992→ 2,101,521 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-03$1.59/sh+2,712$4,303→ 223,401 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-04$1.52/sh+2,000$3,041→ 225,401 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)

Holdings

COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL ACTIVIST FUND I, LP)
1,793,591
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
853,619
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FGI GLOBAL ASSET ALLOCATION FUND, LTD.)
34,911
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL GLOBAL CAPITAL APPRECIATION FUND, LP)
24,300

Johnson Lewis M

10% Owner

Transactions

Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-04$1.52/sh+2,000$3,041→ 225,401 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-02$1.60/sh+3,555$5,695→ 2,096,484 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-03$1.59/sh+5,037$7,992→ 2,101,521 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-02$1.60/sh+1,914$3,066→ 220,689 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-03$1.59/sh+2,712$4,303→ 223,401 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-04$1.52/sh+3,713$5,646→ 2,105,234 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)

Holdings

COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FGI GLOBAL ASSET ALLOCATION FUND, LTD.)
34,911
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL ACTIVIST FUND I, LP)
1,793,591
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL GLOBAL CAPITAL APPRECIATION FUND, LP)
24,300
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
853,619

Fundamental Global Investors, LLC

10% Owner

Transactions

Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-02$1.60/sh+3,555$5,695→ 2,096,484 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-04$1.52/sh+3,713$5,646→ 2,105,234 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-03$1.59/sh+5,037$7,992→ 2,101,521 total(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-03$1.59/sh+2,712$4,303→ 223,401 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-04$1.52/sh+2,000$3,041→ 225,401 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)
Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2020-11-02$1.60/sh+1,914$3,066→ 220,689 total(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)

Holdings

COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FGI GLOBAL ASSET ALLOCATION FUND, LTD.)
34,911
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL GLOBAL CAPITAL APPRECIATION FUND, LP)
24,300
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
853,619
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(indirect: FUNDAMENTAL ACTIVIST FUND I, LP)
1,793,591

Footnotes (7)

[F1]The funds managed by Fundamental Global Investors, LLC beneficially own in the aggregate 5,037,056 shares of Common Stock, which represents approximately 34.1% of the Company's outstanding shares of Common Stock. Fundamental Global Investors, LLC may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by Fundamental Global Partners Master Fund, LP ("FGPM"), Fundamental Global Holdings, LP ("FGHP"), FGI Global Asset Allocation Fund, Ltd. ("FGAA"), FGI Global Asset Allocation Master Fund, LP ("FGGM"), Fundamental Activist Fund I, LP ("FAFI") and Fundamental Global Capital Appreciation Fund, LP ("FGCA").
[F2]In addition, CWA Asset Management Group, LLC, of which 50% is owned by Fundamental Global Investors, LLC, holds 603,931 shares of Common Stock (excluding Messrs. Cerminara's, Johnson's and Moglia's shares held in CWA accounts) for the accounts of individual investors, which represents approximately 4.2% of the Company's outstanding shares of Common Stock. Mr. Moglia holds 636,291 shares of Common Stock directly and through the Moglia Family Foundation and trusts. Messrs. Cerminara and Johnson also hold additional shares of Common Stock.
[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 FGPM, FGHP, FGAA, FGGM, FAFI 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.
[F4]Shares purchased pursuant to a Rule 10b5-1 trading plan entered into by Fundamental Global Investors, LLC on behalf of the funds managed by it.
[F5]The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.57 and $1.62 per share. The Reporting Persons undertake to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
[F6]The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.57 and $1.66 per share. The Reporting Persons undertake to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
[F7]The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.51 and $1.53 per share. The Reporting Persons undertake to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.

Documents

1 file

4
doc4_879.xmlPrimary
PRIMARY DOCUMENT

Issuer

BALLANTYNE STRONG, INC.

CIK 0000946454

→

Entity typeother

IncorporatedNC

Related Parties

filerCIK 0001591508

Filing Metadata

Form type: 4
Filed: Nov 3, 7:00 PM ET
Accepted: Nov 4, 7:08 PM ET
Size: 25.2 KB

View on SEC.gov