RELM WIRELESS CORP 4
4 · RELM WIRELESS CORP · Filed Jun 19, 2017
Insider Transaction Report
Form 4
Johnson Lewis M
10% Owner
Transactions
- Award
Common Stock, par value $0.60 per share
2017-06-15+5,479→ 5,479 total
Holdings
- 2,328,144(indirect: Fundamental Global)
Common Stock, par value $0.60 per share
- 1,147,087(indirect: Ballantyne Strong, Inc.)
Common Stock, par value $0.60 per share
Footnotes (3)
- [F1]Represents a grant of restricted stock units under the RELM Wireless Corporation 2017 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in full 12 months after the grant date, subject to the Reporting Person's continued service as a director of the Issuer through such date.
- [F2]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.
- [F3]Held by Ballantyne Strong, Inc. ("BTN"). Due to his positions with Fundamental Global Investors, LLC and affiliated entities, which beneficially own greater than 10 percent of the outstanding shares of BTN common stock, Mr. Johnson may be deemed to be a beneficial owner of Common Stock held by BTN. Mr. Johnson disclaims any beneficial ownership of the shares referenced to herein except to the extent of his pecuniary interest therein.