0001104659-20-098034.txt : 20200824
0001104659-20-098034.hdr.sgml : 20200824
20200824172858
ACCESSION NUMBER: 0001104659-20-098034
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200820
FILED AS OF DATE: 20200824
DATE AS OF CHANGE: 20200824
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fundamental Global Investors, LLC
CENTRAL INDEX KEY: 0001591508
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32644
FILM NUMBER: 201128746
BUSINESS ADDRESS:
STREET 1: 4201 CONGRESS STREET, SUITE 140
CITY: CHARLOTTE
STATE: NC
ZIP: 28209
BUSINESS PHONE: 704-323-6851
MAIL ADDRESS:
STREET 1: 4201 CONGRESS STREET, SUITE 140
CITY: CHARLOTTE
STATE: NC
ZIP: 28209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cerminara Kyle
CENTRAL INDEX KEY: 0001619991
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32644
FILM NUMBER: 201128747
MAIL ADDRESS:
STREET 1: C/O FUNDAMENTAL GLOBAL INVESTORS, LLC
STREET 2: 4201 CONGRESS STREET, SUITE 140
CITY: CHARLOTTE
STATE: NC
ZIP: 28209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Johnson Lewis M
CENTRAL INDEX KEY: 0001619951
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32644
FILM NUMBER: 201128748
MAIL ADDRESS:
STREET 1: C/O FUNDAMENTAL GLOBAL INVESTORS, LLC
STREET 2: 4201 CONGRESS STREET, SUITE 140
CITY: CHARLOTTE
STATE: NC
ZIP: 28209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MOGLIA JOSEPH H
CENTRAL INDEX KEY: 0001187586
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32644
FILM NUMBER: 201128749
MAIL ADDRESS:
STREET 1: AMERITRADE HOLDING CORP
STREET 2: 4211 S 102ND ST
CITY: OMAHA
STATE: NE
ZIP: 68127
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BK Technologies Corp
CENTRAL INDEX KEY: 0000002186
STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
IRS NUMBER: 593486297
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 7100 TECHNOLOGY DRIVE
CITY: WEST MELBOURNE
STATE: FL
ZIP: 32904
BUSINESS PHONE: 321-984-1414
MAIL ADDRESS:
STREET 1: 7100 TECHNOLOGY DRIVE
CITY: WEST MELBOURNE
STATE: FL
ZIP: 32904
FORMER COMPANY:
FORMER CONFORMED NAME: BK Technologies, Inc.
DATE OF NAME CHANGE: 20180604
FORMER COMPANY:
FORMER CONFORMED NAME: RELM WIRELESS CORP
DATE OF NAME CHANGE: 19980129
FORMER COMPANY:
FORMER CONFORMED NAME: ADAGE INC
DATE OF NAME CHANGE: 19920703
4
1
tm2029288d2_4.xml
FORM 4
X0306
4
2020-08-20
0
0000002186
BK Technologies Corp
BKTI
0001591508
Fundamental Global Investors, LLC
4201 CONGRESS STREET, SUITE 140
CHARLOTTE
NC
28209
1
0
1
0
0001619991
Cerminara Kyle
C/O FUNDAMENTAL GLOBAL INVESTORS, LLC
4201 CONGRESS STREET, SUITE 140
CHARLOTTE
NC
28209
1
0
1
0
0001619951
Johnson Lewis M
C/O FUNDAMENTAL GLOBAL INVESTORS, LLC
4201 CONGRESS STREET, SUITE 140
CHARLOTTE
NC
28209
1
0
1
0
0001187586
MOGLIA JOSEPH H
C/O FUNDAMENTAL GLOBAL INVESTORS, LLC
4201 CONGRESS STREET, SUITE 140
CHARLOTTE
NC
28209
0
0
1
0
Common Stock, par value $0.60 per share
2020-08-20
4
P
0
3600
3.1272
A
1393980
I
Fundamental Global Partners Master Fund, LP
Common Stock, par value $0.60 per share
2020-08-21
4
P
0
1300
3.1077
A
1395280
I
Fundamental Global Partners Master Fund, LP
Common Stock, par value $0.60 per share
8710
I
Fundamental Global Capital Appreciation Fund, LP
Common Stock, par value $0.60 per share
763597
I
Fundamental Activist Fund I, LP
Common Stock, par value $0.60 per share
1083875
I
Fundamental Global Holdings, LP
Common Stock, par value $0.60 per share
106383
I
FGI Global Asset Allocation Master Fund, LP
The funds managed by Fundamental Global Investors, LLC beneficially own in the aggregate 3,357,845 shares of Common Stock, which represents approximately 26.9% 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 Master Fund, LP ("FGPM"), FGI Global Asset Allocation Master Fund, LP ("FGGM"), Fundamental Global Holdings, LP ("FGHP"), Fundamental Activist Fund I, LP ("FAFI") and Fundamental Global Capital Appreciation Fund, LP ("FGCA"). In addition, CWA Asset Management Group, LLC, of which 50% is owned by Fundamental Global Investors, LLC, holds 825,957 shares of Common Stock (excluding Mr. Moglia's shares held in CWA accounts) for the accounts of individual investors, which represents approximately 6.6% of the Company's outstanding shares of Common Stock.
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 FGPM, FGGM, FGHP, FAFI 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 directly and through trusts and the Moglia Family Foundation. Each of Messrs. Cerminara and Johnson directly holds 11,971 shares of Common Stock and 14,439 restricted stock units, in each case received as director compensation. In addition, each of Messrs. Cerminara and Johnson holds stock options to purchase 5,000 shares of Common Stock.
Shares purchased pursuant to a Rule 10b5-1 trading plan entered into by Fundamental Global Investors, LLC on behalf of the funds managed by it.
The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.08 and $3.14 per share. The Reporting Persons undertake to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.06 and $3.13 per share. The Reporting Persons undertake to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
FUNDAMENTAL GLOBAL INVESTORS, LLC /s/ D. Kyle Cerminara, Chief Executive Officer, Partner and Manager
2020-08-24
/s/ D. Kyle Cerminara
2020-08-24
/s/ Lewis M. Johnson
2020-08-24
/s/ Joseph H. Moglia
2020-08-24