Blonder Tongue Laboratories, Inc. (NYSEMKT:BDR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 4, 2017, Blonder Tongue Laboratories, Inc. (the “Company”) granted options to purchase 40,000 shares of the Company’s common stock to Nezam Nikoo, the Company’s Vice President of Engineering and CTO to an agreement between the Company and Mr. Nikoo dated as of April 3, 2017. The per share exercise price of the options is $0.55 (equal to the average of the high and low selling prices as reported on the NYSE MKT of the common stock on the grant date and vesting of the options is subject to performance-based vesting criteria agreed to by the Company and Mr. Nikoo.

About Blonder Tongue Laboratories, Inc. (NYSEMKT:BDR)

Blonder Tongue Laboratories, Inc. (Blonder Tongue), along with its subsidiary, R. L. Drake Holdings, LLC (RLD), is a technology-development and manufacturing company. The Company delivers a range of products and services to the cable entertainment and media industry. Its products are deployed in a list of locations, including lodging/hospitality, multi-dwelling units/apartments, broadcast studios/networks, universities/schools, healthcare/hospitals and airports. Blonder Tongue’s products are divided into three categories: Digital Video Headend, Analog Video Headend and Hybrid-Fiber Coax (HFC) Distribution. The Digital Video Headend products (including encoders) are used by a system operator for acquisition, processing, compression, encoding and management of digital video. The Analog Video Headend products are used by a system operator for signal acquisition, processing and manipulation. The HFC Distribution products are used to transport signals from the headend to their destination.

Blonder Tongue Laboratories, Inc. (NYSEMKT:BDR) Recent Trading Information

Blonder Tongue Laboratories, Inc. (NYSEMKT:BDR) closed its last trading session up +0.022 at 0.562 with 19,510 shares trading hands.