SEC Form 4 · accession 0000921895-16-006344
DIGIRAD CORP · DRAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Virgil Lott
Officer — President, Diagnostic Imaging
Period of report
Dec 13, 2016
Accepted (ET)
Dec 15, 2016 · 5:14 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 | Dec 13, 2016 | M | 40,000 | $1.87 | A | 94,909 | D | |
| Common Stock | Dec 13, 2016 | S | 40,000 | $4.40 | D | 54,909 | 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)F1 | $1.87 | Dec 13, 2016 | M | 40,000 | D | — | Feb 16, 2017 | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1The options vested, with a vesting commencement date of February 16, 2010, over a four-year period with one forty-eighth (1/48th) of the shares subject to the option becoming exercisable each month thereafter on the same day of the month, until all the shares vested and became exercisable, subject to optionee continuing to be an employee on each such date.