SEC Form 4 · accession 0000921895-16-003644
DIGIRAD CORP · DRAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin B Shirley
Officer — President, DIS
Period of report
Mar 4, 2016
Accepted (ET)
Mar 8, 2016 · 6:20 pm EST
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 | Mar 4, 2016 | M | 9,166 | $1.21 | A | 16,557 | D | |
| Common Stock | Mar 4, 2016 | M | 1,162 | $1.87 | A | 17,719 | D | |
| Common StockF1 | Mar 4, 2016 | S | 10,328 | $5.098 | D | 7,391 | D | |
| Common Stock | Mar 7, 2016 | M | 2,455 | $1.87 | A | 9,846 | D | |
| Common Stock | Mar 7, 2016 | S | 2,455 | $5.00 | D | 7,391 | D |
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 | $1.21 | Mar 4, 2016 | M | 9,166 | D | — | Jul 9, 2016 | Common Stock | 9,166 | 0 | D |
| Stock Option (right to buy)F3 | $1.87 | Mar 4, 2016 | M | 1,162 | D | — | Feb 16, 2017 | Common Stock | 1,162 | 38,838 | D |
| Stock Option (right to buy)F3 | $1.87 | Mar 7, 2016 | M | 2,455 | D | — | Feb 16, 2017 | Common Stock | 2,455 | 36,383 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.06 to $5.19, inclusive. The reporting person undertakes to provide the Issuer and 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 such shares were sold.
- F2The option, representing a right to purchase a total of 9,166 shares, became fully vested and exercisable on the date on which the option was granted.
- F3The option, representing a right to purchase a total of 40,000 shares, became vested and exercisable in forty-eight equal monthly installments beginning on the vesting commencement date of February 16, 2010, over a four-year period on the same day of the month, until all the shares beame fully vested and exercisable, subject to the reporting person continuing to provide service through each such date.