SEC Form 4 · accession 0000921895-15-002310
DIGIRAD CORP · DRAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey E. Eberwein
Director
Period of report
Oct 20, 2015
Accepted (ET)
Oct 22, 2015 · 5:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000707388
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 20, 2015 | M | 60,000 | $3.21 | A | 100,000 | D | |
| Common StockF1 | holding | — | — | — | 941,215 | I | By: Lone Star Value Investors, LP |
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)F2,F3 | $3.21 | Aug 5, 2014 | M | 60,000 | D | — | Aug 5, 2021 | Common Stock | 60,000 | 0 | D |
Explanation of responses
- F1Shares owned directly by Lone Star Value Investors. Mr. Eberwein, solely by virtue of his position as the manager of Lone Star Value Investors GP, LLC, the general partner of Lone Star Value Investors, and as the sole member of Lone Star Value Management, LLC, 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.
- F2Acquired pursuant to the Issuer's 2014 Equity Incentive Award Plan.
- F3One hundred percent (100%) of the shares subject to the option shall vest and become exercisable on the one (1) year anniversary of August 5, 2014, so long as the grantee is providing services to the Issuer on such date.