0001140361-16-060286.txt : 20160405 0001140361-16-060286.hdr.sgml : 20160405 20160405165504 ACCESSION NUMBER: 0001140361-16-060286 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160331 FILED AS OF DATE: 20160405 DATE AS OF CHANGE: 20160405 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BLONDER TONGUE LABORATORIES INC CENTRAL INDEX KEY: 0001000683 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 521611421 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE JAKE BROWN RD STREET 2: PO BOX 1000 CITY: OLD BRIDGE STATE: NJ ZIP: 08857 BUSINESS PHONE: 9086794000 MAIL ADDRESS: STREET 1: ONE JAKE BROWN ROAD CITY: OLD BRIDGE STATE: NJ ZIP: 08857 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WILLIAMS JAMES H /NJ/ CENTRAL INDEX KEY: 0001054061 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14120 FILM NUMBER: 161555188 MAIL ADDRESS: STREET 1: C/O BLONDER TONGUE LABORATORIES INC STREET 2: ONE JAKE BROWN RD CITY: OLD BRIDGE STATE: NJ ZIP: 08857 4 1 doc1.xml FORM 4 X0306 4 2016-03-31 0 0001000683 BLONDER TONGUE LABORATORIES INC BDR 0001054061 WILLIAMS JAMES H /NJ/ C/O BLONDER TONGUE LABORATORIES, INC. ONE JAKE BROWN ROAD OLD BRIDGE NJ 08857 1 0 0 0 Common Stock, par value $0.001 2016-04-01 4 A 0 26282 .39 A 256282 D Convertible Loan .54 2016-03-31 4 J 0 50000 A 2016-03-31 2019-03-28 Common Stock 92592 50000 D Pursuant to the company's Amended and Restated Director Stock Purchase Plan, the reporting person has elected to receive a fully vested stock award for shares of the company's common stock in lieu of cash payment of director fees otherwise payable to the reporting person. The number of shares of common stock awarded represents the quotient of (i) the director fees payable to the reporting person divided by (ii) $0.39, representing the average of the high and low trading price reported on the NYSE MKT on April 1, 2016. The reporting person and the company are parties to an Amended and Restated Senior Subordinated Convertible Loan and Security Agreement dated as of March 28, 2016 (the "Subordinated Loan Agreement"), pursuant to which the lenders identified therein have agreed to provide the company with a delayed draw term loan facility of up to $750,000. The lenders, including the reporting person, have the option of converting the principal balance of loans made under the Subordinated Loan Agreement into shares of the company's common stock at a conversion price of $0.54 per share, subject to adjustment under certain circumstances. On March 31, 2016, the reporting person provided a loan of $50,000 to the company under the Subordinated Loan Agreement. /s/ James H. Williams 2016-04-05