Home/Filings/4/0000899243-23-015496
4//SEC Filing

Cerminara Kyle 4

Accession 0000899243-23-015496

CIK 0000946454other

Filed

Jun 12, 8:00 PM ET

Accepted

Jun 13, 8:37 PM ET

Size

12.6 KB

Accession

0000899243-23-015496

Insider Transaction Report

Form 4
Period: 2023-06-09
Transactions
  • Purchase

    COMMON STOCK, PAR VALUE $0.01 PER SHARE

    2023-06-09$1.74/sh+2,300$4,0024,264,134 total(indirect: By LLC)
Holdings
  • COMMON STOCK, PAR VALUE $0.01 PER SHARE

    (indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
    853,619
Transactions
  • Purchase

    COMMON STOCK, PAR VALUE $0.01 PER SHARE

    2023-06-09$1.74/sh+2,300$4,0024,264,134 total(indirect: By LLC)
Holdings
  • COMMON STOCK, PAR VALUE $0.01 PER SHARE

    (indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
    853,619
Transactions
  • Purchase

    COMMON STOCK, PAR VALUE $0.01 PER SHARE

    2023-06-09$1.74/sh+2,300$4,0024,264,134 total(indirect: By LLC)
Holdings
  • COMMON STOCK, PAR VALUE $0.01 PER SHARE

    (indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
    853,619
Transactions
  • Purchase

    COMMON STOCK, PAR VALUE $0.01 PER SHARE

    2023-06-09$1.74/sh+2,300$4,0024,264,134 total(indirect: By LLC)
Holdings
  • COMMON STOCK, PAR VALUE $0.01 PER SHARE

    (indirect: FUNDAMENTAL GLOBAL HOLDINGS, LP)
    853,619
Footnotes (5)
  • [F1]Fundamental Activist Fund I, LP was merged into FG Special Situations Partners, LP ("FGSSP") as of December 31, 2022. As such, FGSSP owns membership interests in Ballantyne Strong Holdings, LLC ("BTN Holdings") and may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by BTN Holdings.
  • [F2]The partnerships managed by Fundamental Global GP, LLC ("FGGP") beneficially own in the aggregate 5,117,753 shares of Common Stock, which represent approximately 26.3% 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 BTN Holdings 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 BTN Holdings 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.
  • [F4]Mr. Moglia holds 636,291 shares of Common Stock directly and through the Moglia Family Foundation and trusts. Mr. Cerminara also holds additional shares of Common Stock.
  • [F5]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.72 to $1.755, 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, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth above.

Issuer

FG Group Holdings Inc.

CIK 0000946454

Entity typeother

Related Parties

1
  • filerCIK 0001619991

Filing Metadata

Form type
4
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 8:37 PM ET
Size
12.6 KB