Filing Details

Accession Number:
0001144204-17-046371
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-01 16:23:45
Reporting Period:
2017-08-30
Accepted Time:
2017-09-01 15:23:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
946454 Ballantyne Strong Inc. BTN Photographic Equipment & Supplies (3861) 470587703
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1187586 H Joseph Moglia C/O Fundamental Global Investors, Llc
4201 Congress Street, Suite 140
Charlotte NC 28209
No No Yes No
1591508 Fundamental Global Investors, Llc 4201 Congress Street, Suite 140
Charlotte NC 28209
Yes No Yes No
1619951 M Lewis Johnson C/O Fundamental Global Investors, Llc
4201 Congress Street, Suite 140
Charlotte NC 28209
Yes No Yes No
1619991 Kyle Cerminara C/O Fundamental Global Investors, Llc
4201 Congress Street, Suite 140
Charlotte NC 28209
Ceo & Chairman Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Acquisiton 2017-08-30 15,738 $6.41 750,659 No 4 P Indirect Fundamental Activist Fund I, LP
Common Stock, Par Value $0.01 Per Share Acquisiton 2017-08-31 17,525 $6.59 768,184 No 4 P Indirect Fundamental Activist Fund I, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Fundamental Activist Fund I, LP
No 4 P Indirect Fundamental Activist Fund I, LP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share 382,844 Indirect Fundamental Global Partners, LP
Common Stock, Par Value $0.01 Per Share 352,014 Indirect Fundamental Global Partners Master Fund, LP
Common Stock, Par Value $0.01 Per Share 853,619 Indirect Fundamental Global Holdings, LP
Common Stock, Par Value $0.01 Per Share 65,739 Indirect FGI Global Asset Allocation Master Fund, LP
Common Stock, Par Value $0.01 Per Share 34,911 Indirect FGI Global Asset Allocation Fund, Ltd.
Footnotes
  1. The Reporting Persons beneficially own in the aggregate 2,457,311 shares of Common Stock, which represents approximately 17.0% of the Company's outstanding shares of Common Stock. 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"), Fundamental Global Holdings, LP ("FGHP"), FGI Global Asset Allocation Fund, Ltd. ("FGAA"), FGI Global Asset Allocation Master Fund, LP ("FGGM") and Fundamental Activist Fund I, LP ("FAFI").
  2. CWA Asset Management Group, LLC, of which 50% is owned by Fundamental Global Investors, LLC, holds 1,185,477 shares of Common Stock for the accounts of individual investors, which represents approximately 8.2% of the Company's outstanding shares of Common Stock. Mr. Moglia holds 384,039 shares of Common Stock directly and through the Moglia Family Foundation. Messrs. Cerminara and Johnson also hold additional shares of Common Stock.
  3. Due to their positions with Fundamental Global Investors, LLC and affiliated entities, Messrs. D. Kyle 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, FGPM, FGHP, FGAA, FGGM and FAFI.