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BK Technologies Corp — Director's Dealing 2020
Aug 27, 2020
33295_dirs_2020-08-26_a7323922-496d-4325-bd11-eaaaa2ab7515.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BK Technologies Corp (BKTI)
CIK: 0000002186
Period of Report: 2020-08-24
Reporting Person: Johnson Lewis M (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-24 | Common Stock, par value $0.60 per share | A | 13157 | — | Acquired | 39567 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.60 per share | 3361983 | Indirect |
Footnotes
F1: Represents a grant of restricted stock units (RSUs) under the 2017 Incentive Compensation Plan. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest in 20% equal annual installments on the first, second, third, fourth and fifth anniversaries of the grant date, subject to the Reporting Person's continued service as a director of the Issuer through such date.
F2: Includes (i) remaining 4,050 RSUs granted on September 6, 2018 under the 2017 Incentive Compensation Plan (not including the 1,013 RSUs that have vested to date) and (ii) 10,389 RSUs granted on September 6, 2019 under the 2017 Incentive Compensation Plan. The RSUs vest in 20% equal annual installments on the first, second, third, fourth and fifth anniversaries of the grant date, subject to the Reporting Person's continued service as a director of the Issuer through such date.
F3: Held by the Fundamental Global entities. Due to his positions with Fundamental Global Investors, LLC and other Fundamental Global entities, Mr. Johnson may be deemed to be a beneficial owner of Common Stock held by Fundamental Global. Mr. Johnson disclaims any beneficial ownership of the shares referenced to herein except to the extent of his pecuniary interest therein. In addition, CWA Asset Management Group, LLC, of which 50% is owned by Fundamental Global Investors, LLC, holds 825,957 shares of Common Stock (excluding Joseph H. Moglia's shares held in CWA accounts) for the accounts of individual investors.