InsiderTrades

Form 4 for FGNX FG Nexus Inc.

Accepted 2022-12-02 00:00:00 ET · period of report 2022-11-30 · accession 0000899243-22-037410 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
MI 2022-12-02 2022-11-30+ FGNX MOGLIA JOSEPH H 10% P - Purchase $18.55 +8,005 55.5K +17% +$148.5K

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common 8.00% Cumulative Preferred Stock, Series A, $25.00 par value 2022-11-30 P A 2,400 $19.04 54,222 I FG Financial Holdings, LLC — — (F1) The prices reported in Column 4 are weighted average prices. The shares were purchased as follows: (i) 1,146 shares were purchased in multiple transactions at prices ranging from $16.70 to $17.59, inclusive; (ii) 3,200 shares were purchased in multiple transactions at prices ranging from $17.88 to $18.85, inclusive; and (iii) 2,400 shares were purchased in multiple transactions at prices ranging from $18.98 to $19.12, 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 Preferred Stock purchased at each separate price within the ranges set forth above.
2 Common 8.00% Cumulative Preferred Stock, Series A, $25.00 par value 2022-11-30 P A 3,200 $18.29 51,822 I FG Financial Holdings, LLC — — (F1) The prices reported in Column 4 are weighted average prices. The shares were purchased as follows: (i) 1,146 shares were purchased in multiple transactions at prices ranging from $16.70 to $17.59, inclusive; (ii) 3,200 shares were purchased in multiple transactions at prices ranging from $17.88 to $18.85, inclusive; and (iii) 2,400 shares were purchased in multiple transactions at prices ranging from $18.98 to $19.12, 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 Preferred Stock purchased at each separate price within the ranges set forth above.
3 Common 8.00% Cumulative Preferred Stock, Series A, $25.00 par value 2022-11-30 P A 1,146 $17.19 48,622 I FG Financial Holdings, LLC — — (F1) The prices reported in Column 4 are weighted average prices. The shares were purchased as follows: (i) 1,146 shares were purchased in multiple transactions at prices ranging from $16.70 to $17.59, inclusive; (ii) 3,200 shares were purchased in multiple transactions at prices ranging from $17.88 to $18.85, inclusive; and (iii) 2,400 shares were purchased in multiple transactions at prices ranging from $18.98 to $19.12, 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 Preferred Stock purchased at each separate price within the ranges set forth above.
4 Common 8.00% Cumulative Preferred Stock, Series A, $25.00 par value 2022-12-01 P A 1,259 $19.54 55,481 I FG Financial Holdings, LLC — — (F2) The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $19.28 to $19.70, inclusive. The Reporting Persons undertake to provide to the Company, any security holder of the Company or the staff of the SEC, upon request, full information regarding the number of shares of Preferred Stock purchased at each separate price within the range set forth above. (F4) 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 securities disclosed as directly owned by FGFH. Mr. Cerminara also holds additional shares of Common Stock and Preferred Stock. Each Reporting Person disclaims beneficial ownership of the securities referred to herein except to the extent of his or its pecuniary interest therein. (F5) Ballantyne Strong, Inc. ("BTN") owns membership interests in FGFH and may be deemed to be a beneficial owner of the securities disclosed as directly owned by FGFH; however, BTN disclaims beneficial ownership of the securities referred to herein except to the extent of its pecuniary interest therein. (F3) FG Financial Holdings, LLC ("FGFH"), which is managed by Fundamental Global GP, LLC ("FGGP"), beneficially owns in the aggregate 55,481 shares of Preferred Stock and 5,619,111 shares of Common Stock, which represent approximately 59.8% of the Company's outstanding shares of Common Stock. FGGP may be deemed to be a beneficial owner of the securities disclosed as directly owned by FGFH.