Todd Robert Major - 31 May 2021 Form 4 Insider Report for BALLANTYNE STRONG, INC.

Role: CFO, Sec. & Treas
Signature: /s/ Todd Robert Major
Issuer symbol: N/A
Transactions as of: 31 May 2021
Net transactions value: -$15,514
Form type: 4
Filing time: 02 Jun 2021, 17:08:10 UTC
Next filing: 05 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FGH	Common Stock	Tax liability	$15,514	-2,955	-5.9%	$5.25	47,045	31 May 2021	Direct	F1

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	FGH	Stock Options (Right to Buy)	Award	$0	+10,000		$0.000000	10,000	09 Oct 2020	Common Stock	10,000	$1.60	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes (i) remaining unvested 10,000 RSUs granted on May 31, 2019, pursuant to the 2017 Omnibus Equity Compensation Plan and (ii) remaining unvested 20,000 RSUs granted on October 9, 2020, pursuant to the 2017 Omnibus Equity Compensation Plan. The RSUs vest 1/3 each year beginning on the first anniversary of the grant date, subject to continuous service through such vesting dates.
F2	Stock Options granted under the Company's 2017 Omnibus Equity Compensation Plan. Stock Options become exercisable 1/5 each year beginning on the first anniversary of the grant date, October 9, 2020.