SEC Form 4 · accession 0000921895-16-006174
DIGIRAD CORP · DRAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew G. Molchan
Officer — President and CEO · Director
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 6:08 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 | Nov 9, 2016 | M | 9,980 | $1.87 | A | 42,313 | D | |
| Common StockF1 | Nov 9, 2016 | S | 6,010 | $4.6012 | D | 36,303 | D | |
| Common Stock | Nov 10, 2016 | M | 20,020 | $1.87 | A | 56,323 | D | |
| Common StockF2 | Nov 10, 2016 | S | 12,056 | $4.6357 | D | 44,267 | 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 | Nov 9, 2016 | M | 9,980 | D | — | Feb 16, 2017 | Common Stock | 9,980 | 20,020 | D |
| Stock Option (right to buy)F3 | $1.87 | Nov 10, 2016 | M | 20,020 | D | — | Feb 16, 2017 | Common Stock | 20,020 | 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 $4.60 to $4.625, 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 $4.60 to $4.70, 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.
- F3One forty-eighth (1/48th) of the shares subject to the option vest and become exercisable on each monthly anniversary of the vesting commencement date (February 16, 2010), subject to Reporting Person's continuous service through each such date.