E. Gray Payne - 21 Aug 2023 Form 4 Insider Report for BK Technologies Corp (BKTI)

Role
Director
Signature
/s/ E. Gray Payne
Issuer symbol
BKTI
Transactions as of
21 Aug 2023
Transactions value $
$0
Form type
4
Filing time
17 Mar 2025, 17:51:02 UTC
Previous filing
20 Jun 2023
Next filing
06 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKTI Common Stock Award $0 +4.49K +19.81% $0.00 27.1K 21 Aug 2023 Direct F1, F2
transaction BKTI Common Stock Award $0 +3.23K +11.92% $0.00 30.4K 21 Aug 2023 Direct F3
transaction BKTI Common Stock Award $0 +1.42K +4.66% $0.00 31.8K 14 Dec 2023 Direct F2, F4

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 BKTI Stock Option (Right to Buy) Award $0 +2.24K $0.00 2.24K 16 Jan 2025 Common Stock 2.24K $32.58 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total holdings reflects the sale of shares on September 1, 2023, as previously disclosed in a Form 4 filed on September 6, 2023, and includes a grant of 7,335 restricted stock units ("RSUs") on February 6, 2024, as previously disclosed in a Form 4 filed on February 9, 2024.
F2 Represents a grant of RSUs under the 2017 Incentive Compensation Plan. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vested in full on the date of grant.
F3 Represents a grant of RSUs under the 2017 Incentive Compensation Plan. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vested in full on September 21, 2024.
F4 Includes the following RSUs, which will vest as follows: (i) 526 RSUs, which will vest on August 24, 2025; (ii) 1,238 RSUs, which will vest in two equal annual installments beginning on August 17, 2025; and (iii) 4,890 RSUs, which will vest in two equal annual installments beginning on February 6, 2026.
F5 Represents a grant of stock options under the Issuer's 2017 Incentive Compensation Plan. The stock options vest and become exercisable in three equal annual installments beginning on the first anniversary of the grant date and on each anniversary date thereafter, subject to the Reporting Person's continued service as a director of the Issuer through such date.

Remarks:

Power of Attorney is attached hereto as Exhibit 24.