STEPHEN K. NECESSARY - 21 Jan 2022 Form 4 Insider Report for BLONDER TONGUE LABORATORIES INC (BDRL)

Role
Director
Signature
/s/ Stephen K. Necessary by Eric Skolnik Under Power of Attorney
Issuer symbol
BDRL
Transactions as of
21 Jan 2022
Net transactions value
+$61,909
Form type
4
Filing time
25 Jan 2022, 15:30:01 UTC
Previous filing
20 Dec 2021
Next filing
08 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDRL Common Stock, par value $0.001 Conversion of derivative security $61,909 +104,399 +115% $0.5930 194,941 21 Jan 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BDRL Convertible subordinated indebtedness Conversion of derivative security $0 -61,909 -100% $0.000000* 0 21 Jan 2022 Common Stock 104,399 $0.5930 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were issued upon the conversion of $61,908.58 (principal and accrued interest) of outstanding convertible subordinated indebtedness of Blonder Tongue Laboratories, Inc. held by the reporting person.
F2 Represents the conversion price of the convertible subordinated indebtedness.