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