Sec Form 4 Filing - Fundamental Global Investors, LLC @ BALLANTYNE STRONG, INC. - 2016-06-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Fundamental Global Investors, LLC
2. Issuer Name and Ticker or Trading Symbol
BALLANTYNE STRONG, INC. [ BTN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
4201 CONGRESS STREET, SUITE 140,
3. Date of Earliest Transaction (MM/DD/YY)
06/13/2016
(Street)
CHARLOTTE, NC28209
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 06/13/2016 P 300 A $ 5.41 60,539 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 100 A $ 5.42 60,639 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 100 A $ 5.43 60,739 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 1,025 A $ 5.44 61,764 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 655 A $ 5.45 62,419 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 100 A $ 5.455 62,519 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 945 A $ 5.46 63,464 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 36 A $ 5.47 63,500 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 364 A $ 5.48 63,864 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 500 A $ 5.49 64,364 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 772 A $ 5.5 65,136 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/13/2016 P 3 A $ 5.52 65,139 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/14/2016 P 200 A $ 5.46 65,339 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/14/2016 P 100 A $ 5.52 65,439 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/14/2016 P 100 A $ 5.53 65,539 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/14/2016 P 100 A $ 5.54 65,639 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 06/14/2016 P 100 A $ 5.55 65,739 ( 1 ) ( 2 ) I FGI Global Asset Allocation Master Fund, LP
Common Stock, par value $0.01 per share 34,911 ( 1 ) ( 2 ) I FGI Global Asset Allocation Fund, Ltd.
Common Stock, par value $0.01 per share 745,561 ( 1 ) ( 2 ) I Fundamental Global Partners, LP
Common Stock, par value $0.01 per share 1,477,837 ( 1 ) ( 2 ) I Fundamental Global Partners Master Fund, LP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Fundamental Global Investors, LLC
4201 CONGRESS STREET, SUITE 140
CHARLOTTE, NC28209
X X
Cerminara Kyle
C/O FUNDAMENTAL GLOBAL INVESTORS, LLC
4201 CONGRESS STREET, SUITE 140
CHARLOTTE, NC28209
X X Executive Chairman and CEO
Johnson Lewis M
C/O FUNDAMENTAL GLOBAL INVESTORS, LLC
4201 CONGRESS STREET, SUITE 140
CHARLOTTE, NC28209
X X
MOGLIA JOSEPH H
C/O FUNDAMENTAL GLOBAL INVESTORS, LLC
4201 CONGRESS STREET, SUITE 140
CHARLOTTE, NC28209
X
Signatures
FUNDAMENTAL GLOBAL INVESTORS, LLC /s/ D. Kyle Cerminara Chief Executive Officer, Partner and Manager 06/14/2016
Signature of Reporting Person Date
/s/ D. Kyle Cerminara 06/14/2016
Signature of Reporting Person Date
/s/ Lewis M. Johnson 06/14/2016
Signature of Reporting Person Date
/s/ Joseph H. Moglia 06/14/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Reporting Persons beneficially own in the aggregate 2,324,048 shares of Common Stock, which represents approximately 16.4% of the Company's outstanding shares of Common Stock. Fundamental Global Investors, LLC may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by Fundamental Global Partners, LP ("FGPP"), Fundamental Global Partners Master Fund, LP ("FGPM"), FGI Global Asset Allocation Fund, Ltd. ("FGAA") and FGI Global Asset Allocation Master Fund, LP ("FGGM").
( 2 )Due to their positions with Fundamental Global Investors, LLC and affiliated entities, Messrs. D. Kyle Cerminara, Lewis M. Johnson and Joseph H. Moglia may be deemed to be beneficial owners of the shares of Common Stock disclosed as directly owned by FGPP, FGPM, FGAA and FGGM.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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