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BK Technologies Corp — Director's Dealing 2016
Sep 8, 2016
33295_dirs_2016-09-08_477333d3-2d4e-4668-b9b0-e6783c466b5a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ITERIS, INC. (ITI)
CIK: 0000350868
Period of Report: 2016-09-06
Reporting Person: Fundamental Global Investors, LLC (Director)
Reporting Person: RELM WIRELESS CORP (Other)
Reporting Person: Cerminara Kyle (Director)
Reporting Person: Johnson Lewis M (Other)
Reporting Person: MOGLIA JOSEPH H (Other)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-06 | Common Stock, $0.10 par value per share | P | 30000 | $3.7867 | Acquired | 218854 | Indirect |
| 2016-09-06 | Common Stock, $0.10 par value per share | P | 70000 | $3.7867 | Acquired | 503191 | Indirect |
| 2016-09-07 | Common Stock, $0.10 par value per share | P | 30000 | $3.7867 | Acquired | 248854 | Indirect |
| 2016-09-07 | Common Stock, $0.10 par value per share | P | 70000 | $3.7867 | Acquired | 573191 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.10 par value per share | 1778149 | Indirect |
| Common Stock, $0.10 par value per share | 2605 | Direct |
Footnotes
F1: The Reporting Persons beneficially own in the aggregate 2,600,194 shares of Common Stock, which represent approximately 8.1% of the Company?s outstanding shares of Common Stock. In addition, Mr. D. Kyle Cerminara, who serves on the Board of Directors of the Company, holds 2605 RSUs granted to him as director compensation. The RSUs vest in full on October 26, 2016, subject to continued service. Fundamental Global Investors, LLC may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by Fundamental Global Partners, LP (?FGPP?), Fundamental Global Partners Master Fund, LP (?FGPM?) and RELM Wireless Corporation (?RWC?).
F2: Due to their positions with Fundamental Global Investors, LLC and affiliated entities, Messrs. 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 FGPP and FGPM. Due to their positions with RWC, Fundamental Global Investors, LLC and affiliated entities, Messrs. Cerminara and Johnson may be deemed to be a beneficial owners of the shares of Common Stock disclosed as directly owned by RWC. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein.
F3: The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.7000 to $3.8600. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
F4: The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.6750 to $3.8500. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.