BK Technologies, Inc.·4

Sep 7, 11:44 AM ET

Johnson Lewis M 4

4 · BK Technologies, Inc. · Filed Sep 7, 2018

Insider Transaction Report

Form 4
Period: 2018-09-06
Transactions
  • Award

    Common Stock, par value $0.60 per share

    2018-09-06+5,06316,021 total
Holdings
  • Common Stock, par value $0.60 per share

    (indirect: Ballantyne Strong)
    1,147,087
  • Common Stock, par value $0.60 per share

    (indirect: Fundamental Global)
    2,332,840
Footnotes (4)
  • [F1]Represents a grant of restricted stock units (RSUs) under the 2017 Incentive Compensation Plan. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest in 20% equal annual installments on the first, second, third, fourth and fifth anniversaries of the grant date, subject to the Reporting Person's continued service as a director of the Issuer through such date.
  • [F2]Includes 5,479 RSUs that vest in full 12 months after the grant date of June 4, 2018, subject to the Reporting Person's continued service as a director of the Issuer through such date.
  • [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.
  • [F4]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.

Documents

1 file
  • 4
    section16.xmlPrimary

    FORM 4