Randy Willis - 22 Jun 2022 Form 4 Insider Report for BK Technologies Corp (BKTI)

Reporting relationship: Chief Operating Officer
Issuer ticker: BKTI
Reported as of: 22 Jun 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 24 Jun 2022, 19:28:42 UTC
Prior SEC filing: 15 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Randy Willis

Key filing fact

Randy Willis filed Form 4 for BK Technologies Corp (BKTI) on 24 Jun 2022.

Key facts

This page summarizes Randy Willis'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, 19:28.

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 50% of the shares, achievement of product cost reduction milestones by October 1, 2022; (ii) as to 30% of the shares, achievement of product lead time milestones by December 31, 2022; and (iii) as to 20% of the shares, achievement of product cost reduction milestones by September 1, 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.