Kyle Cerminara - 01 Jul 2022 Form 4 Insider Report for BALLANTYNE STRONG, INC. (FGH)

Role
Director, 10%+ Owner
Signature
/s/ D. Kyle Cerminara
Issuer symbol
FGH
Transactions as of
01 Jul 2022
Transactions value $
$0
Form type
4
Filing time
06 Jul 2022, 17:59:19 UTC
Previous filing
03 Mar 2022
Next filing
23 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FGH Common Stock Award $0 +20,833 +5.88% $0 375,123 01 Jul 2022 Direct F2, F3
holding FGH Common Stock 7,540 01 Jul 2022 By 401(k) Plan
holding FGH Common Stock 11,220 01 Jul 2022 By Spouse
holding FGH Common Stock 4,220 01 Jul 2022 By Minor Children
holding FGH Common Stock 4,915,453 01 Jul 2022 Fundamental Global F1

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
holding FGH Stock Options (Right to Buy) 50,000 01 Jul 2022 Common Stock 50,000 $4.7 Direct F4
holding FGH Stock Options (Right to Buy) 30,000 01 Jul 2022 Common Stock 30,000 $2.89 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held by the Fundamental Global entities. Due to his positions with Fundamental Global GP, LLC, and other Fundamental Global entities, Mr. Cerminara may be deemed to be a beneficial owner of the shares of Common Stock held by Fundamental Global. Mr. Cerminara disclaims beneficial ownership of the shares referred to herein except to the extent of his pecuniary interest therein.
F2 Restricted Stock Units (RSUs) granted as non-employee director compensation pursuant to the 2017 Omnibus Equity Compensation Plan. These RSUs will vest in full on the first anniversary of the grant date, July 1, 2022, subject to continuous service through such vesting date.
F3 Includes remaining 9,554 unvested RSUs granted on July 1, 2020, as non-employee director compensation pursuant to the 2017 Omnibus Equity Compensation Plan. These RSUs vest 1/3 each year beginning on the first anniversary of the grant date, subject to continuous service through such vesting dates.
F4 Stock Options granted under the Company's 2017 Omnibus Equity Compensation Plan. These Stock Options become exercisable 1/5 each year beginning on the first anniversary of the grant date, January 26, 2018.
F5 Stock Options granted under the Company's 2017 Omnibus Equity Compensation Plan. These Stock Options become exercisable 1/5 each year beginning on the first anniversary of the grant date, June 6, 2019.