Joshua Horowitz - Feb 6, 2024 Form 4 Insider Report for BK Technologies Corp (BKTI)

Role
Director
Signature
/s/ Joshua Horowitz
Stock symbol
BKTI
Transactions as of
Feb 6, 2024
Transactions value $
$0
Form type
4
Date filed
2/9/2024, 07:38 AM
Previous filing
Jan 3, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKTI Common Stock Award $0 +7.34K +45.84% $0.00 23.3K Feb 6, 2024 Direct F1
holding BKTI Common Stock 64.2K Feb 6, 2024 By Palm Global Small Cap Master Fund LP 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 three equal annual installments beginning on the first anniversary of the grant date and on each anniversary date thereafter, subject to the Reporting Person's continued service as a director of the Issuer through such date.
F2 Palm Management (US) LLC, as the investment manager of Palm Global Small Cap Master Fund LP ("Palm Global"), may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Due to his positions with Palm Global and Palm Management (US) LLC, the Reporting Person may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Palm Management (US) LLC and the Reporting Person expressly disclaim such beneficial ownership except to the extent of their pecuniary interest therein.