E. Gray Payne - Aug 17, 2021 Form 4 Insider Report for BK Technologies Corp (BKTI)

Role: Director
Signature: /s/ E. Gray Payne
Stock symbol: BKTI
Transactions as of: Aug 17, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/24/2021, 03:28 PM
Next filing: Dec 21, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BKTI	Common Stock, par value $0.60 per share	Award	$0	+15.5K	+31.23%	$0.00	65K	Aug 17, 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
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 3,037 RSUs granted on September 6, 2018, under the 2017 Incentive Compensation Plan (not including the 2,026 RSUs that have vested to date), (ii) Remaining 8,311 RSUs granted on September 6, 2019, under the 2017 Incentive Compensation Plan (not including the 2,078 RSUs that have vested to date), and (iii) 13,157 RSUs granted on August 24, 2020, 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.

Content

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.

Includes (i) remaining 3,037 RSUs granted on September 6, 2018, under the 2017 Incentive Compensation Plan (not including the 2,026 RSUs that have vested to date), (ii) Remaining 8,311 RSUs granted on September 6, 2019, under the 2017 Incentive Compensation Plan (not including the 2,078 RSUs that have vested to date), and (iii) 13,157 RSUs granted on August 24, 2020, 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.