BK Technologies Corp·4

Aug 26, 6:29 PM ET

Johnson Lewis M 4

4 · BK Technologies Corp · Filed Aug 26, 2020

Insider Transaction Report

Form 4
Period: 2020-08-24
Transactions
  • Award

    Common Stock, par value $0.60 per share

    2020-08-24+13,15739,567 total
Holdings
  • Common Stock, par value $0.60 per share

    (indirect: Fundamental Global)
    3,361,983
Footnotes (3)
  • [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 (i) remaining 4,050 RSUs granted on September 6, 2018 under the 2017 Incentive Compensation Plan (not including the 1,013 RSUs that have vested to date) and (ii) 10,389 RSUs granted on September 6, 2019 under the 2017 Incentive Compensation Plan. 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.
  • [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 825,957 shares of Common Stock (excluding Joseph H. Moglia's shares held in CWA accounts) for the accounts of individual investors.

Documents

1 file
  • 4
    section16.xmlPrimary

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