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BK Technologies Corp Director's Dealing 2024

Jan 27, 2024

33295_dirs_2024-01-26_486082ac-7532-46f7-819a-6a3fa6b0c8d7.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: 2024-01-24

Reporting Person: Fundamental Global GP, LLC (N/A)
Reporting Person: Cerminara Kyle (N/A)
Reporting Person: BK Technologies Holdings, LLC (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-01-24 Common Stock, par value $0.60 per share J 52000 $12.55 Disposed 272388 Indirect
2024-01-26 Common Stock, par value $0.60 per share S 2454 $13.00 Disposed 269934 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $0.60 per share 216775 Indirect

Footnotes

F1: On January 24, 2024, Fundamental Global GP, LLC ("FGGP") entered into an Agreement ("Agreement") with the Company, pursuant to which FGGP delivered 52,000 shares of the Company's Common Stock to the Company, as settlement of the full withdrawal and redemption proceeds with respect to the Series B Common limited liability company membership interest in FG Financial Holdings, LLC held by the Company.

F2: The partnerships managed by FGGP beneficially own in the aggregate 486,709 shares of Common Stock, which represent approximately 14.1% 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").

F3: 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.

F4: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $13.00 to $13.04 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.