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BK Technologies Corp Director's Dealing 2017

May 4, 2017

33295_dirs_2017-05-04_d648e78f-81fb-4b6a-b32f-54b76f76ff2e.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: 2017-04-28

Reporting Person: Fundamental Global Investors, LLC (Director)
Reporting Person: RELM WIRELESS CORP (Director)
Reporting Person: Cerminara Kyle (Director)
Reporting Person: Johnson Lewis M (Group Member)
Reporting Person: MOGLIA JOSEPH H (Group Member)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-04-28 Common Stock, par value $0.10 per share J 125624 $5.22 Disposed 447567 Indirect
2017-04-28 Common Stock, par value $0.10 per share J 125624 $5.22 Acquired 374478 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $0.10 per share 1778149 Indirect
Common Stock, $0.10 par value per share 10751 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, CWA Asset Management Group, LLC holds 16,050 shares of Common Stock for the accounts of individual investors, which represent approximately 0.5% 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 in full on March 3, 2018, 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: Represents a cross-trade between FGPM and FGPP, in which FGPM disposed of and FGPP acquired the reported shares. Accordingly, there was no change in the aggregate beneficial ownership of the Reporting Persons.