SEC Form 3 · accession 0001693731-18-000060
StarTek, Inc. · SRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne White
Officer — Global CIO
Period of report
Aug 8, 2018
Accepted (ET)
Aug 20, 2018 · 8:02 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 Stock | holding | — | — | — | 1,723 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $4.55 | holding | — | — | — | — | Aug 10, 2025 | Common Stock | 10,000 | — | D |
| Stock OptionsF2 | $4.66 | holding | — | — | — | — | Oct 15, 2025 | Common Stock | 20,000 | — | D |
| Stock OptionsF3 | $8.28 | holding | — | — | — | — | Dec 12, 2026 | Common Stock | 10,000 | — | D |
Explanation of responses
- F150% of these Stock Options became exercisable on July 20, 2018 in connection with the closing of the Issuer's previously announced transaction with CSP Alpha Midco Pte Ltd, a Singapore private limited company and an affiliate of Capital Square Partners (the "Aegis Transaction"). The remaining 50% of these Stock Options will become exercisable on the earlier to occur of (1) the Reporting Person's termination of employment with the Issuer, and (2) August 10, 2018.
- F250% of these Stock Options became exercisable on July 20, 2018 in connection with the closing of the Aegis Transaction. The remaining 50% of these Stock Options will become exercisable on the earlier to occur of (1) the Reporting Person's termination of employment with the Issuer, and (2) October 15, 2018.
- F350% of these Stock Options became exercisable on July 20, 2018 in connection with the closing of the Aegis Transaction. The remaining 50% of these Stock Options will become exercisable on the earlier to occur of (1) the Reporting Person's termination of employment with the Issuer, and (2) December 12, 2019.