Tim Vitou - 22 Jun 2022 Form 4 Insider Report for BK Technologies Corp (BKTI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
24 Jun 2022, 12:11:58 UTC
Prior SEC filing
15 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tim Vitou

Key filing fact

Tim Vitou filed Form 4 for BK Technologies Corp (BKTI) on 24 Jun 2022.

Key facts

  • This page summarizes Tim Vitou's Form 4 filing for BK Technologies Corp (BKTI).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 24 Jun 2022, 12:11.

Change

  • Previous filing in this sequence was filed on 15 Mar 2022.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BKTI transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+30,000
Change %
Price
$0.000000
Shares after
30,000
Date
22 Jun 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,000
Exercise price
$2.48
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The option will vest (a) on June 22, 2023, as to that percentage for which the following performance criteria are met: (i) as to 30% of the shares, the achievement of a bookings target milestone as of June 30, 2022; (ii) as to 50% of the shares, the achievement of orders booking milestone as of December 31, 2022; and (iii) as to 20% of the shares, the achievement of a product orders target as of December 31, 2022; or (b) as to any options that do not vest pursuant to subparagraph (a) above, upon a change in control of the Issuer on or before June 22, 2027.

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