John M. Suzuki - 01 Jul 2024 Form 4 Insider Report for BK Technologies Corp (BKTI)

Signature
/s/ John M. Suzuki
Issuer symbol
BKTI
Transactions as of
01 Jul 2024
Net transactions value
+$48,510
Form type
4
Filing time
01 Jul 2024, 17:11:34 UTC
Previous filing
17 Jun 2024
Next filing
12 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKTI Common Stock Award $48,510 +4,851 +13% $10.00 42,564 01 Jul 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's executive salary swap program, Mr. Suzuki swapped $48,510 of his base salary (on a post-tax basis) in exchange for restricted share units (RSUs), with each RSU representing a contingent right to receive one share of the Issuer's Common Stock, par value $0.60 per share, at a rate of $10.00 per RSU, rounded down to the nearest whole RSU. Such RSUs were fully vested and settled at the time of grant.