SEC Form 4 · accession 0001693731-17-000034
StarTek, Inc. · SRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arnaud Ajdler
Director
Period of report
May 24, 2017
Accepted (ET)
May 26, 2017 · 8:50 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,F2,F3 | May 24, 2017 | S | 6,100 | $11.40 | D | 778,325 | I | See footnote |
| Common StockF4,F5,F3 | May 24, 2017 | S | 25,277 | $11.38 | D | 753,048 | I | See footnote |
| Common StockF1,F3 | May 25, 2017 | S | 20,675 | $11.37 | D | 732,373 | I | See footnote |
| Common StockF4,F3 | May 25, 2017 | S | 4,325 | $11.37 | D | 728,048 | I | See footnote |
| Common StockF1,F3 | May 26, 2017 | S | 52,549 | $11.32 | D | 675,499 | I | See footnote |
| Common StockF4,F3 | May 26, 2017 | S | 10,993 | $11.32 | D | 664,506 | I | See footnote |
| Common Stock | holding | — | — | — | 37,507 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sold by Engine Capital, L.P. ("Engine Capital")
- F2This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.39 to $11.41, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The Reporting Person is the managing member of Engine Capital Management, LLC ("Engine Management") and Engine Investments, LLC ("Engine Investments"). Engine Management is the investment manager of each of Engine Capital and Engine Jet Capital, L.P. ("Engine Jet"), and Engine Investments is the general partner of each of Engine Capital and Engine Jet. Following the transactions set forth in this Form 4, Engine Capital owns 549,539 shares and Engine Jet owns 114,967 shares of the Issuer's common stock. The Reporting Person disclaims beneficial ownership in such securities except to the extent of his pecuniary interest therein.
- F4Sold by Engine Jet.
- F5This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.38 to $11.41, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.