Company: BKTI
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009464
Chunk: 613

Company: BK Technologies Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 6
Chunk 613
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.63   6.97   3,791,078 

   Outstanding:
    
               Wgt. Avg.     Wgt. Avg.   
            Exercise    Remaining  
 Range of Exercise Prices         Stock Options    Price ($)     Contractual  
 ($) Per Share        Outstanding    Per Share    Life (Years)  
                  
11.51   -15.53   247,300   12.82   8.21 
16.20   -25.50   37,800   19.06   4.50 
        285,100   13.65   7.72 

   Exercisable:
    
               Wgt. Avg.   
            Exercise  
 Range of Exercise Prices        Stock Options    Price ($)  
 ($) Per Share        Exercisable    Per Share  
              
11.51   -15.53   76,240   13.39 
16.20   - 25.50   33,600   19.41 
        109,840   15.23 

   The weighted-average grant-date fair value per option granted during the years ended  December 31, 2024 and 2023 was $6.39 and $5.94, respectively.  There were 6,200 and 4,000 stock options exercised during the years ended  December 31, 2024 and 2023, respectively.
    
   Restricted Stock Units
    
   In connection with the restricted stock units (sometimes referred to as "RSUs") granted to non-employee directors, the Company accrues compensation expense based on the estimated number of shares expected to be issued, utilizing the most current information available to the Company at the date of the consolidated financial statements.  The Company estimates the fair value of the restricted stock unit awards based upon the market price of the underlying common stock on the date of grant.

        F-
       19

        BK TECHNOLOGIES CORPORATION

        YEARS ENDED
        DECEMBER 31, 2024 AND
       2023

        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

        (in thousands, except share data and percentages)

   11. Share-Based Compensation (Continued)
    
   A summary of