SEC Form 4 · accession 0000921895-18-001148
Star Equity Holdings, Inc. · STRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey E. Eberwein
Director
Period of report
Mar 29, 2018
Accepted (ET)
Apr 2, 2018 · 8:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001210708
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 29, 2018 | J | 1,005,054 | $0.00 | A | 1,005,054 | D | |
| Common StockF2 | Mar 29, 2018 | J | 7,458 | $0.00 | A | 7,458 | I | By Lone Star Value Investors GP, LLC |
| Common StockF4 | Mar 29, 2018 | J | 2,650,000 | $0.00 | D | 0 | I | By Lone Star Value Investors, LP |
| Common StockF5 | holding | — | — | — | 125,000 | I | By Separately Managed Account | |
| Share UnitsF6 | holding | — | — | — | 259,567 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares acquired in connection with a pro rata distribution from Lone Star Value Investors, LP ("Lone Star Value Investors") to its partners for no consideration (the "Lone Star Value Distribution").
- F2Shares owned directly by Lone Star Value Investors GP, LLC ("Lone Star Value GP"). Mr. Eberwein, solely by virtue of his position as the manager of Lone Star Value GP, may be deemed to beneficially own the shares owned directly by Lone Star Value GP for purposes of Section 16. Mr. Eberwein expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F3Represents shares disposed of for no consideration in connection with the Lone Star Value Distribution.
- F4Shares owned directly by Lone Star Value Investors. Mr. Eberwein, solely by virtue of his position as the manager of Lone Star Value GP, the general partner of Lone Star Value Investors, and as the sole member of Lone Star Value Management, LLC ("Lone Star Value Management"), the investment manager of Lone Star Value Investors, may be deemed to beneficially own the shares owned directly by Lone Star Value Investors for purposes of Section 16. Mr. Eberwein expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F5Shares held in an account (the "Separately Managed Account I") separately managed by Lone Star Value Management. Lone Star Value Management, as the investment manager of the Separately Managed Account I, may be deemed to beneficially own the shares of Common Stock held in the Separately Managed Account I; and Jeffrey Eberwein, as the sole member of Lone Star Value Management may be deemed to beneficially own the shares of Common Stock held in the Separately Managed Account I for purposes of Section 16. Mr. Eberwein expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F6Share Units are payable only in Common Stock after a director's Separation from Service. Each Share Unit is the economic equivalent of one share of Common Stock.