Johnson Lewis M 4
4 · BALLANTYNE STRONG, INC. · Filed Jul 6, 2020
Insider Transaction Report
Form 4
Johnson Lewis M
10% Owner
Transactions
- Award
Common Stock
2020-07-01+28,662→ 85,648 total
Holdings
- 4,744,024(indirect: Fundamental Global)
Common Stock
Footnotes (3)
- [F1]Restricted stock units granted as non-employee director compensation pursuant to the 2017 Omnibus Equity Compensation Plan. The RSUs will vest 1/3 each year beginning on the first anniversary of the grant date, July 1, 2020, subject to continuous service through such vesting dates.
- [F2]Includes remaining 16,376 RSUs granted on July 1, 2019 as non-employee director compensation, including RSUs granted for services as Co-Chairman of the Board, pursuant to the 2017 Omnibus Equity Compensation Plan (not including the 8,187 RSUs that have vested to date). The RSUs vest 1/3 each year beginning on the first anniversary of the grant date, subject to continuous service through such vesting dates.
- [F3]Held by the Fundamental Global entities. Due to his positions with Fundamental Global Investors, LLC and other Fundamental Global entities, Mr. Johnson may be deemed to be a beneficial owner of Common Stock held by Fundamental Global. Mr. Johnson disclaims any beneficial ownership of the shares referenced to herein except to the extent of his pecuniary interest therein. In addition, CWA Asset Management Group, LLC, of which 50% is owned by Fundamental Global Investors, LLC, holds 709,924 shares of Common Stock (excluding D. Kyle Cerminara's, Lewis M. Johnson's and Joseph H. Moglia's shares held in CWA accounts) for the accounts of individual investors.