Fundamental Global GP, LLC - Jun 12, 2023 Form 4 Insider Report for BK Technologies Corp (BKTI)

Role: 10%+ Owner
Signature: FUNDAMENTAL GLOBAL GP, LLC /S/ D. KYLE CERMINARA, CHIEF EXECUTIVE OFFICER
Stock symbol: BKTI
Transactions as of: Jun 12, 2023
Transactions value $: $89,815
Form type: 4
Date filed: 6/14/2023, 07:05 PM
Previous filing: Jun 13, 2023
Next filing: Jan 26, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BKTI	Common Stock, par value $0.60 per share	Purchase	$89.8K	+5.5K	+1.72%	$16.33	324K	Jun 12, 2023	BK Technologies Holdings, LLC	F1, F2, F3, F4
holding	BKTI	Common Stock, par value $0.60 per share						217K	Jun 12, 2023	Fundamental Global Holdings, LP	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $15.81 to $16.64 inclusive. The Reporting Persons undertake to provide to the Company, any security holder of the Company or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth above.
F2	The partnerships managed by Fundamental Global GP, LLC ("FGGP") beneficially own in the aggregate 541,163 shares of Common Stock, which represent approximately 15.9% of the Company's outstanding shares of Common Stock. FGGP may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BK Technologies Holdings, LLC ("BKTH") and Fundamental Global Holdings, LP ("FGHP").
F3	Due to their positions with FGGP and affiliated entities, Messrs. D. Kyle Cerminara and Joseph H. Moglia may be deemed to be beneficial owners of the shares of Common Stock disclosed as directly owned by BKTH and FGHP. 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 shares of Common Stock indirectly through trusts, Moglia Capital, LLC and the Moglia Family Foundation. Mr. Cerminara also holds additional shares of Common Stock.
F4	Fundamental Activist Fund I, LP ("FAFI") was merged into FG Special Situations Partners, LP ("FGSSP") as of December 31, 2022. As such, FGSSP owns membership interests in BKTH and may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BKTH.