SEC Form 4 · accession 0000921895-16-003740

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 11, 2016

Accepted (ET)

Mar 15, 2016 · 6:42 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
Common Stock	Mar 11, 2016	M	24,440	$1.87	A	31,831	D
Common Stock^F1	Mar 11, 2016	S	24,440	$4.924	D	7,391	D
Common Stock	Mar 14, 2016	M	11,843	$1.87	A	19,234	D
Common Stock	Mar 14, 2016	M	10,417	$0.70	A	29,651	D
Common Stock^F2	Mar 14, 2016	S	22,260	$4.905	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)^F3	$1.87	Mar 11, 2016	M	24,440	D	—	Feb 16, 2017	Common Stock	24,440	11,843	D
Stock Option (right to buy)^F3	$1.87	Mar 14, 2016	M	11,843	D	—	Feb 16, 2017	Common Stock	11,843	0	D
Stock Option (right to buy)^F4	$0.70	Mar 14, 2016	M	10,417	D	—	Nov 11, 2018	Common Stock	10,417	0	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 $4.90 to $5.00, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.90 to $4.93, 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.
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.
F4The option, representing a right to purchase a total of 20,000 shares, became vested and exercisable in forty-eight equal monthly installments beginning on the vesting commencement date of November 11, 2008, 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.