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BK Technologies Corp — Director's Dealing 2021
Aug 24, 2021
33295_dirs_2021-08-24_e91f6ba6-d77a-47c5-95c4-6f97e671c15b.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: 2021-08-17
Reporting Person: Lanktree Charles T (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-17 | Common Stock, par value $0.60 per share | A | 15480 | — | Acquired | 55261 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.60 per share | 7702 | 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 3,037 RSUs granted on September 6, 2018, under the 2017 Incentive Compensation Plan (not including the 2,026 RSUs that have vested to date), (ii) Remaining 8,311 RSUs granted on September 6, 2019, under the 2017 Incentive Compensation Plan (not including the 2,078 RSUs that have vested to date), and (iii) 13,157 RSUs granted on August 24, 2020, 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: The Reporting Person may be deemed to be the beneficial owner of 7,702 shares of Common Stock that are held by the Donna B. Lanktree Family Trust, the trustee of which is Donna B. Lanktree, the spouse of the Reporting Person.