Fundamental Global Investors, LLC 4
4 · BALLANTYNE STRONG, INC. · Filed May 28, 2021
Insider Transaction Report
Form 4
Fundamental Global Investors, LLC
10% Owner
Transactions
- Purchase
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2021-05-26$5.19/sh+34,911$181,188→ 59,211 total(indirect: FUNDAMENTAL GLOBAL CAPITAL APPRECIATION FUND, LP) - Sale
COMMON STOCK, PAR VALUE $0.01 PER SHARE
2021-05-26$5.19/sh−34,911$181,188→ 0 total(indirect: FGI GLOBAL ASSET ALLOCATION FUND, LTD.)
Holdings
- 853,619(indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
- 2,188,243(indirect: FUNDAMENTAL GLOBAL PARTNERS MASTER FUND, LP)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
- 270,123(indirect: FGI GLOBAL ASSET ALLOCATION MASTER FUND, LP)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
- 1,793,591(indirect: FUNDAMENTAL ACTIVIST FUND I, LP)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
Footnotes (4)
- [F1]The funds managed by Fundamental Global Investors, LLC beneficially own in the aggregate 5,164,787 shares of Common Stock, which represents approximately 28.2% 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]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.
- [F3]Represents a cross-trade between FGAA and FGCA, in which FGAA disposed of and FGCA acquired the reported shares. Accordingly, there was no change in the aggregate beneficial ownership of the Reporting Persons.
- [F4]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.