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Filing Details

Accession Number:: 0000899243-21-030006
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-07-26 20:30:16
Reporting Period:: 2021-07-22

Accepted Time:: 2021-07-26 20:30:16
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
2186	Bk Technologies Corp	BKTI	Radio & Tv Broadcasting & Communications Equipment (3663)	593486297

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1187586	H Joseph Moglia	C/O Fundamental Global Investors, Llc 108 Gateway Blvd., Suite 204 Mooresville NC 28117	No	No	Yes	No
1591508	Fundamental Global Investors, Llc	108 Gateway Blvd., Suite 204 Mooresville NC 28117	No	No	Yes	No
1619951	M Lewis Johnson	C/O Fundamental Global Investors, Llc 108 Gateway Blvd., Suite 204 Mooresville NC 28117	No	No	Yes	No
1619991	Kyle Cerminara	C/O Fundamental Global Investors, Llc 108 Gateway Blvd., Suite 204 Mooresville NC 28117	Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.60 Per Share	Disposition	2021-07-22	630,915	$3.17	1,544,438	No	4	S	Indirect	BK Technologies Holdings, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	BK Technologies Holdings, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.60 Per Share	1,083,875	Indirect	Fundamental Global Holdings, LP
Common Stock, Par Value $0.60 Per Share	106,383	Indirect	FGI Global Asset Allocation Master Fund, LP
Common Stock, Par Value $0.60 Per Share	8,710	Indirect	Fundamental Global Capital Appreciation Fund, LP

Footnotes

Includes (i) 763,597 shares of common stock, par value $0.60 per share (the "common stock"), of BK Technologies Corp (the "Company") transferred to BK Technologies Holdings, LLC ("BKTH") from Fundamental Activist Fund I, LP on July 22, 2021 and (ii) 1,411,756 shares of common stock transferred to BKTH from Fundamental Global Partners Master Fund, LP on July 22, 2021. Such transfers were exempt from Section 16 pursuant to Rule 16a-13.
The funds managed by Fundamental Global Investors, LLC beneficially own in the aggregate 2,743,406 shares of common stock, which represents approximately 16.3% of the Company's outstanding shares of common stock, as calculated based on public filings made by the Company with the Securities and Exchange Commission. Fundamental Global Investors, LLC may be deemed to be a beneficial owner of the shares of common stock that are directly owned by BKTH, FGI Global Asset Allocation Master Fund, LP ("FGGM"), Fundamental Global Holdings, LP ("FGHP"), and Fundamental Global Capital Appreciation Fund, LP ("FGCA").
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 BKTH, FGGM, FGHP, and FGCA. 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. Moglia holds 845,813 shares of common stock indirectly through trusts, Moglia Capital, LLC and the Moglia Family Foundation. Mr. Cerminara directly holds 15,062 shares of common stock and 24,505 restricted stock units, which were received as director compensation. Mr. Johnson directly holds 39,567 shares of common stock. In addition, each of Messrs. Cerminara and Johnson holds stock options to purchase 10,000 and 5,000 shares of common stock, respectively.