SEC Form 4 · accession 0001179110-15-006398
StarTek, Inc. · SRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chad A. Carlson
Officer — President & CEO · Director
Period of report
Mar 27, 2012
Accepted (ET)
Apr 17, 2015 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001031029
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 27, 2012 | F | 20,380 | $0.00 | D | 45,811 | D | |
| Common Stock | Apr 15, 2015 | M | 78,253 | $4.79 | A | 124,064 | D | |
| Common Stock | Apr 15, 2015 | M | 17,560 | $3.80 | A | 141,624 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $4.79 | Apr 15, 2015 | M | 78,253 | D | — | Jun 14, 2020 | Common Stock | 78,253 | 71,747 | D |
| Stock OptionsF3 | $3.80 | Apr 15, 2015 | M | 17,560 | D | — | Jun 24, 2021 | Common Stock | 17,560 | 157,440 | D |
Explanation of responses
- F1Restricted stock grant for 20,380 shares was forfeited for failure to satisfy the performance conditions.
- F2Fully vested.
- F3Options vest as to 25% of the option shares (total of 175,000) on the first anniversary of the date of grant (i.e., 6/24/2012) and 2.0833% of the shares each month thereafter for 36 months.