Key facts
- This page summarizes Fundamental Global Investors, LLC's Form 4 filing for BK Technologies Corp (BKTI).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 26 Jul 2021, 20:30.
Fundamental Global Investors, LLC - 22 Jul 2021 Form 4 Insider Report for BK Technologies Corp (BKTI)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- BKTI
- Reported as of
- 22 Jul 2021
- Net transaction value
- -$2,000,001
- SEC form
- 4
- Accepted by SEC
- 26 Jul 2021, 20:30:16 UTC
- Prior SEC filing
- 28 May 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ D. Kyle Cerminara, Chief Executive Officer, Partner and Manager for FUNDAMENTAL GLOBAL INVESTORS, LLC
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Fundamental Global Investors, LLC filed Form 4 for BK Technologies Corp (BKTI) on 26 Jul 2021.
Change
- Previous filing in this sequence was filed on 28 May 2021.
- Current net transaction value: -$2,000,001.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BKTI
transaction
Common Stock, par value $0.60 per share
Sale
- Transaction value
- $2,000,001
- Shares
- -630,915
- Change %
- -29%
- Price
- $3.17
- Shares after
- 1,544,438
- Date
- 22 Jul 2021
- Ownership
- BK Technologies Holdings, LLC
- Footnotes
- F1, F2, F3
BKTI
holding
Common Stock, par value $0.60 per share
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,083,875
- Date
- 22 Jul 2021
- Ownership
- Fundamental Global Holdings, LP
- Footnotes
- F2, F3
BKTI
holding
Common Stock, par value $0.60 per share
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 106,383
- Date
- 22 Jul 2021
- Ownership
- FGI Global Asset Allocation Master Fund, LP
- Footnotes
- F2, F3
BKTI
holding
Common Stock, par value $0.60 per share
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,710
- Date
- 22 Jul 2021
- Ownership
- Fundamental Global Capital Appreciation Fund, LP
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Includes (i) 763,597 shares of common stock, par value $0.60 per share (the "common stock"), of BK Technologies Corp (the "Company") transferred to BK Technologies Holdings, LLC ("BKTH") from Fundamental Activist Fund I, LP on July 22, 2021 and (ii) 1,411,756 shares of common stock transferred to BKTH from Fundamental Global Partners Master Fund, LP on July 22, 2021. Such transfers were exempt from Section 16 pursuant to Rule 16a-13.
Footnote F2
The funds managed by Fundamental Global Investors, LLC beneficially own in the aggregate 2,743,406 shares of common stock, which represents approximately 16.3% of the Company's outstanding shares of common stock, as calculated based on public filings made by the Company with the Securities and Exchange Commission. Fundamental Global Investors, LLC may be deemed to be a beneficial owner of the shares of common stock that are directly owned by BKTH, FGI Global Asset Allocation Master Fund, LP ("FGGM"), Fundamental Global Holdings, LP ("FGHP"), and Fundamental Global Capital Appreciation Fund, LP ("FGCA").
Footnote F3
Due to their positions with Fundamental Global Investors, LLC and affiliated entities, Messrs. D. Kyle Cerminara, Lewis M. Johnson and Joseph H. Moglia may be deemed to be beneficial owners of the shares of common stock disclosed as directly owned by BKTH, FGGM, FGHP, and FGCA. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein. In addition, Mr. Moglia holds 845,813 shares of common stock indirectly through trusts, Moglia Capital, LLC and the Moglia Family Foundation. Mr. Cerminara directly holds 15,062 shares of common stock and 24,505 restricted stock units, which were received as director compensation. Mr. Johnson directly holds 39,567 shares of common stock. In addition, each of Messrs. Cerminara and Johnson holds stock options to purchase 10,000 and 5,000 shares of common stock, respectively.