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BK Technologies Corp — Director's Dealing 2024
Feb 1, 2024
33295_dirs_2024-01-31_2ac537f6-72de-42df-937e-1f75aaf0c6f9.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: 2024-01-29
Reporting Person: Fundamental Global GP, LLC (10% Owner)
Reporting Person: Cerminara Kyle (10% Owner)
Reporting Person: BK Technologies Holdings, LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-29 | Common Stock, par value $0.60 per share | S | 13906 | $12.49 | Disposed | 256028 | Indirect |
| 2024-01-30 | Common Stock, par value $0.60 per share | S | 7053 | $12.29 | Disposed | 248975 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.60 per share | 216775 | Indirect |
Footnotes
F1: The partnerships managed by FGGP beneficially own in the aggregate 465,750 shares of Common Stock, which represent approximately 13.5% of the Company's outstanding shares of Common Stock. FGGP may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BK Technologies Holdings, LLC ("BKTH") and Fundamental Global Holdings, LP ("FGHP").
F2: Due to his position with FGGP and affiliated entities, Mr. D. Kyle Cerminara may be deemed to be beneficial owner of the shares of Common Stock disclosed as directly owned by BKTH and FGHP. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein. In addition, Mr. Cerminara also holds additional shares of Common Stock.
F3: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.36 to $12.73 inclusive. The Reporting Persons undertake to provide to the Company, any security holder of the Company or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.
F4: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.10 to $12.41 inclusive. The Reporting Persons undertake to provide to the Company, any security holder of the Company or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.