SEC Form 4 · accession 0001179110-16-020079
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
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 5:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001031029
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) | $3.48 | Feb 22, 2016 | J | 23,542 | D | Jan 26, 2019 | Jan 26, 2026 | Common Stock | 23,542 | 0 | D |
| Stock Option (right to buy) | $3.48 | Feb 22, 2016 | J | 20,116 | D | Jan 26, 2016 | Jan 26, 2026 | Common Stock | 20,116 | 0 | D |
| Stock Option (right to buy) | $4.62 | Feb 22, 2016 | A | 17,952 | A | Feb 22, 2019 | Feb 22, 2026 | Common Stock | 17,952 | 17,952 | D |
| Stock Option (right to buy)F2 | $4.62 | Feb 22, 2016 | A | 15,187 | A | Feb 22, 2016 | Feb 22, 2026 | Common Stock | 15,187 | 15,187 | D |
Explanation of responses
- F1On January 26, 2016, the reporting person received certain stock options that were inadvertently granted effective as of that date. The January 26, 2016 option grants were rescinded and the options were granted on February 22, 2016.
- F2Stock options were granted at a value of $3.24 per share in connection with the reporting person's election to receive a portion of his annual bonus in stock options.