John M. Suzuki - 29 Dec 2023 Form 4 Insider Report for BK Technologies Corp (BKTI)

Signature
/s/ John M. Suzuki
Issuer symbol
BKTI
Transactions as of
29 Dec 2023
Net transactions value
+$48,530
Form type
4
Filing time
10 Jan 2024, 17:22:10 UTC
Previous filing
04 Jan 2024
Next filing
09 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKTI Common Stock Award $48,530 +4,853 +33% $10.00 19,622 29 Dec 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's executive salary swap program, Mr. Suzuki swapped $48,530 of his base salary (on a post-tax basis) in exchange for restricted share units (RSUs), with each RSU representing a contingent right to receive one share of the Issuer's Common Stock, par value $0.60 per share, at a rate of $10.00 per RSU, rounded down to the nearest whole RSU. Such RSUs were fully vested and settled at the time of grant.