Stephen K. Necessary - Jan 21, 2022 Form 4 Insider Report for BLONDER TONGUE LABORATORIES INC (BDRL)

Role
Director
Signature
/s/ Stephen K. Necessary by Eric Skolnik Under Power of Attorney
Stock symbol
BDRL
Transactions as of
Jan 21, 2022
Transactions value $
$61,909
Form type
4
Date filed
1/25/2022, 03:30 PM
Previous filing
Dec 20, 2021
Next filing
Apr 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDRL Common Stock, par value $0.001 Conversion of derivative security $61.9K +104K +115.3% $0.59 195K Jan 21, 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BDRL Convertible subordinated indebtedness Conversion of derivative security $0 -61.9K -100% $0.00* 0 Jan 21, 2022 Common Stock 104K $0.59 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were issued upon the conversion of $61,908.58 (principal and accrued interest) of outstanding convertible subordinated indebtedness of Blonder Tongue Laboratories, Inc. held by the reporting person.
F2 Represents the conversion price of the convertible subordinated indebtedness.