Filing Details

Accession Number:
0000899243-23-015564
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-06-14 19:05:53
Reporting Period:
2023-06-12
Accepted Time:
2023-06-14 19:05:53
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 Insider Title Director Officer Large Shareholder Other
1187586 H Joseph Moglia C/O Fundamental Global Gp, Llc
108 Gateway Boulevard, Suite 204
Mooresville NC 28117
No No Yes No
1619991 Kyle Cerminara C/O Fundamental Global Gp, Llc
108 Gateway Boulevard, Suite 204
Mooresville NC 28117
Yes No Yes No
1878780 Fundamental Global Gp, Llc 108 Gateway Blvd., Suite 204
Mooresville NC 28117
No No Yes No
1956319 Bk Technologies Holdings, Llc 108 Gateway Boulevard, Suite 204
Mooresville NC 28117
No No 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 $0.60 Per Share Acquisiton 2023-06-12 5,500 $16.33 324,388 No 4 P Indirect BK Technologies Holdings, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P 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 216,775 Indirect Fundamental Global Holdings, LP
Footnotes
  1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $15.81 to $16.64 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 purchased at each separate price within the range set forth above.
  2. The partnerships managed by Fundamental Global GP, LLC ("FGGP") beneficially own in the aggregate 541,163 shares of Common Stock, which represent approximately 15.9% 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").
  3. Due to their positions with FGGP and affiliated entities, Messrs. D. Kyle Cerminara and Joseph H. Moglia may be deemed to be beneficial owners 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. Moglia holds shares of Common Stock indirectly through trusts, Moglia Capital, LLC and the Moglia Family Foundation. Mr. Cerminara also holds additional shares of Common Stock.
  4. Fundamental Activist Fund I, LP ("FAFI") was merged into FG Special Situations Partners, LP ("FGSSP") as of December 31, 2022. As such, FGSSP owns membership interests in BKTH and may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BKTH.