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BK Technologies Corp — Director's Dealing 2017
Sep 18, 2017
33295_dirs_2017-09-18_86a3f954-9e3e-494c-a60e-2467de66d99c.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: 2017-09-15
Reporting Person: Fundamental Global Investors, LLC (N/A)
Reporting Person: RELM WIRELESS CORP (N/A)
Reporting Person: Cerminara Kyle (N/A)
Reporting Person: Johnson Lewis M (N/A)
Reporting Person: MOGLIA JOSEPH H (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-09-15 | Common Stock, par value $0.10 per share | S | 33273 | $6.1246 | Disposed | 136728 | Indirect |
| 2017-09-15 | Common Stock, par value $0.10 per share | S | 34383 | $6.1246 | Disposed | 143368 | Indirect |
| 2017-09-15 | Common Stock, par value $0.10 per share | S | 43256 | $6.1246 | Disposed | 1466647 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.10 per share | 10751 | Direct |
Footnotes
F1: The Reporting Persons beneficially own in the aggregate 1,746,743 shares of Common Stock, which represent approximately 5.4% of the Company's outstanding shares of Common Stock. In addition, CWA Asset Management Group, LLC, 50% of which is owned by Fundamental Global Investors, LLC, holds 99,578 shares of Common Stock for the accounts of individual investors, which represent approximately 0.3% of the Company's outstanding shares of Common Stock, and Mr. D. Kyle Cerminara, who serves on the Board of Directors of the Company, holds 2,605 shares of Common Stock and 8,146 RSUs granted to him as director compensation. The RSUs vest on the date of the Company's 2017 annual meeting. 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.